Marussia Motors has bought a significant shareholding in the Formula One team Virgin Racing . `` [ We will ] demonstrate to the world that a new car manufacturer has arrived from Russia with truly international ambitions . '' The team will be known as Marussia Virgin Racing from 2011 onwards . It is understood that Mr Ecclestone and his family have invested £50m into the team, which was founded by Sir Frank Williams in 1981.
Marussia Motors has bought a significant shareholding in the Formula One team Virgin Racing . The team will be known as Marussia Virgin Racing from 2011 onwards . It is understood that Mr Ecclestone and his family have invested £50m into the team, which was founded by Sir Frank Williams in 1981.