Russian firm buys stake in Virgin Racing
ABU DHABI, United Arab Emirates -- Russian sports car manufacturer Marussia Motors bought a "significant" stake in Virgin Racing's Formula One team Thursday.
Marussia, lead by former racer Nikolay Fomenko, has been a sponsor of Virgin Racing since the team formed in 2009, but said its decision to buy a stake in the company is part of its overall goal to raise its profile in the sport.
"This is a realization of a dream for Marussia Motors," Fomenko said. "We will have a Formula One ...
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