As part of the F1 Virgin Racing team launch by Sir Richard Branson today in London, FxPro, the brand name of FxPro Financial Services Limited, has announced a sponsor partnership with Virgin Racing. FxPro will have a significant presence on the car, the drivers' clothing, team branding and a strong and growing relationship with Virgin group companies.

About the Launch of Virgin Racing

The Virgin Racing team was officially launched in London today, where it was confirmed that one of the sport's four new entrants, the LDC backed Manor Grand Prix, has teamed up with Sir Richard Branson's Virgin - to mount a serious challenge in one of the world's most prestigious sports - Formula 1 Virgin Racing is a new team for a new era of Formula 1. It combines the firepower of one of the most recognised, respected and exciting brands in the world with a racing team concept that looks to exploit and capitalise upon F1's new economic dawn and the challenges of resource restriction that is redefining the sport.

Quotes from Virgin and FxPro on the Sponsorship

Alex Tai, Virgin&apos's Chief Executive Officer, said, "We warmly welcome FxPro to the Virgin Racing family. Like us, FxPro delivers consistently excellent service on a global basis to a wide range of clients. Integrity and the ability to respond to an ever changing world are by-words for both our companies."

Denis Sukhotin, Chairman of FxPro, said, "I'm absolutely delighted that FxPro is sponsoring Virgin Racing in F1. The fact that both of our companies are passionate about achieving great results for our clients on a global basis, and share dynamic values and principles of delivering excellence and care in our services, makes me strongly believe that Virgin Racing will be a success as a brand as well as on the track. It is a pleasure for FxPro to be working in partnership with the Virgin Racing team."

For more about the Virgin Racing Team and the launch, please visit www.virginracing.com.