Virgin not dropping out of F1 - Branson

Stephan Heublein

Sir Richard Branson on Saturday insisted Virgin Racing is not in danger of dropping out of formula one.

After Bernie Ecclestone hinted that one of the new teams is in trouble, HRT's Jose Ramon Carabante as well as boss Colin Kolles insisted the F1 chief executive was not talking about the Spanish outfit.

"I'm surprised Bernie said what he did," billionaire Branson said in Monaco. "He might know something about the other teams I don't."