Brawn GP Secures Future Funding
The Brawn Gp team, which despite being haistily put together weeks before the start of the 2009 Season has been a massive success have announced to Autosport Magazine that they have funding to see them right through 2010 on a full programme of development.
The team, born out of the wreckage of Honda, is based in Brackley and signed a minor sponsorship deal with Virgin at the start of the season. A full car roll out and sponsorship deal was never reached because of difficulties between both sides and as such the car was left in the white and fluroescent yellow paint scheme for the season.
Although Brawn GP have not confirmed the names of these sponsors yet, they can confirm they are big money and there will be a proper car launch and livery. Suspected candidates for sponsorship including Bwin.com and Emirates Airlines.
For Virgin Group, they have found sponsorship solace with Manor Grand Prix, one of the new teams. We had indications this was true, but in the interview with Autosport Nick Fry confirmed the detail.
“We have zero worries on funding for this year, next year, the year after, and the year after that. I smile when people talk about money, because we’ve always had the finances for this year, and neither Ross nor I would not have taken on the team if we did not have the money for this year.
“We’ve signed some nice contracts, and those will come out into the open when we launch the car next year, but we will see what happens. There is zero worry on our side.”
“We’ve had a great relationship with Virgin.” Fry added
“You have noticed different stickers from Virgin on the car over the year, and that is the result of additional requests from their side, which has increased our income as well, which is nice. I think they have had a great initiation into F1, and we are helping where we can in advice about what they can do with Manor.”
This entry was posted on August 26, 2009 by f1fanatics. It was filed under Brawn GP, F1 Business, F1 News, F1 Sponsorship, Virgin Racing (Manor) and was tagged with Brawn GP, Brawn GP 2010, Brawn Sponsorship, Emirates Airlines, Henri Lloyd, Jenson Button, Nick Fry, Ross Brawn, Rubens Barrichello, Virgin, Virgin Galactic.