They’ve begun their quest to rise up the rankings next season by securing their place on the grid until 2014 and at the same time signing a deal with the Russian supercar manufacturer Marussia Motors. The Russian company now has a “significant stake” in the team.
Virgin team boss John Booth said: “It’s massive. The future was solid but this makes us secure for four years.”
It’s thought the company is looking ahead towards the Russian Grand Prix, which should join calendar in 2014, and the growth this will provide for the supercar maker. Vitaly Petrov already this season became the first Russian F1 driver and with his future in doubt at Renault, he could be in line to join the team.
If they all play their cards right this could be a very beneficial deal for all involved and see the Virgin Racing team rising up the grid.