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Virgin Racing to launch next week 11 Dec 2009

Sir Richard Branson on the grid Brawn Grand Prix celebrate a historic 1-2 finish for the team (L to R): Ross Brawn (GBR) Brawn Grand Prix Team Principal; Jenson Button (GBR) Brawn Grand Prix; Nick Fry (GBR) Brawn Grand Prix Chief Executive Officer; Rubens Barrichello (BRA) Brawn Grand Prix; Sir Richard Branson (GBR) Virgin Group Owner.
Formula One World Championship, Rd 1, Australian Grand Prix, Race, Albert Park, Melbourne, Australia, Sunday, 29 March 2009

Following months of speculation, the Virgin brand’s 2010 Formula One project will be officially unveiled next week. Virgin Racing, one of four new teams set to join the grid next season, will be launched at an event in London on Tuesday.

Acknowledged in the event’s invitation as the ‘best worst kept secret’ in motor racing, Virgin have long been rumoured to have signed an agreement with Manor GP - one of the incoming teams to be awarded championship entry by the FIA back in June. The new team name of Virgin Racing was revealed in the official 2010 entry list published by the FIA last month.

The team, who will use Cosworth engines, have already confirmed former Toyota star Timo Glock as a driver and there is speculation that the German's team mate could be revealed at next week's launch.

Virgin boss Sir Richard Branson, who last season sponsored title winners Brawn, and the Virgin Racing management team are all expected to be in attendance.