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richard-bransonHonda have confirmed that Richard Branson’s Virgin Group are interested in acquiring their British-based Formula One team.

Nothing has yet been resolved, but a spokesperson for the Japanese car firm said on Wednesday: “We are negotiating with several buyers and one of these parties is the Virgin Group.”

The news that the sale process is continuing will be encouraging for Jenson Button, who remains under contract with the team, and also for Bruno Senna, who has been widely tipped to make his Formula One debut with Honda should the team make it to the grid in Melbourne in five weeks’ time…. More info

This entry was posted on Wednesday, February 18th, 2009 at 2:12 pm and is filed under Automobile, Formula & Indy Cars. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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