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It's safe to say that Virgin Racing hasn't been a huge success so far. One of three new teams that joined the F1 grid last season, Virgin has largely been performing better than perennial back-markers HRT, but has failed to keep pace with Lotus, which is itself still far from competing with even the bottom end of the established teams like Williams and Toro Rosso. But Virgin has little intention of staying at the back, and to that end is shaking things up.

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Whatever the outcome of the standoff between the Formula One Teams Association and the FIA, it was clear from the get-go that F1 was to change dramatically. As it turned out, the two parties – the first representing the teams currently participating in the sport and the second its governing body – have apparently reconciled their differences.

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