Richard Branson has announced that Virgin will confirm its F1 plans for 2010 in the next four weeks.
"In a month we will let you know our plans," Branson told Reuters
at a press conference in Milan, one day following the season ending Abu Dhabi Grand Prix, the 17th round in the 2009 FIA F1 World Championship.
Virgin inked a deal to sponsor Brawn GP
on the eve of the 2009 F1 season, with Branson admitting earlier this month, that it had been 'beyond his wildest dreams' to see Jenson Button
lead home Rubens Barrichello
to a 1-2 in the season opener before the team went on to secure both F1 titles.
"I don't think in our wildest dreams we thought this would happen. I knew they had a good car, as I happened to know one of the test drivers," he told BBC Radio Five Live
a few weeks back.
"But when I got on a plane to Melbourne with some Virgin stickers in my bag, having just shaken hands and given them some money, the last thing I expected was a first and second in the championship race."
Looking towards 2010, Virgin are widely believed to have already agreed a deal to sponsor the new Manor team, but nothing has been made official.
"We will make a decision after Abu Dhabi," he continued. "We were absolutely delighted to get involved with them [Brawn] when they didn't have any money before the Melbourne race. It enabled them to prove they had a great car and great drivers and they've obviously gone on to fantastic things.
"It was the perfect relationship. Virgin loves to support an underdog but they are now one of the most expensive teams out there and certainly not the underdogs anymore."