Branson Tipped For Honda Buy-Out
British newspaper The Daily Telegraph have tipped Virgin mogul Sir Richard Branson as the front runner in the race to save the Honda F1 Team.
Branson, a multi-billionaire, has multiple holdings through his Virgin group including Airlines, Phones and Television. An F1 team would just add to his portfolio.
Branson often enjoys one-up-manship on rivals, and also likes to be on the front pages so buying an F1 team and “saving” hundreds of jobs in one of Britain’s favourite new sports would really work for him.
“Formula one would do well to have them on board,” a source from inside the Virgin Group told The Daily Telegraph