Richard Branson's team will compete in Formula E next year as DS Virgin Racing, following a new deal with PSA Peugeot Citroen to bring its premium brand on board.
Things are heating up in Formula One. As you may recall, earlier this year, Lotus head honcho Tony Fernandes jested that he would retire and kill himself if his team was bested by Virgin. A gaggle of reporters recently pinged Virgin boss Sir Richard Branson to see how he felt about Fernandes' oath of victory or death, and Branson responded with a challenge for the Lotus guru. The boss of the losing team will have to serve as a stewardess on the winning team's respective airline.
If you've stuck your head outside of the automotive maelstrom for half a second, you've probably caught wind of the fact that the UK is going through a major political shake up right now. Jolly Old has just appointed David Cameron from the Conservative Party as its new Prime Minister, and that means plenty of change is in store.. That also means that a new Transportation Minister is likely to pop up in the near future. According to a new AA/Populous pole, the Brits wouldn't mind seeing Sir Richa
The U.S. military thinks we're one step closer to peak oil, the point at which oil demand will forever outstrip oil supply, and therefore we're one step closer to fighting over the last rusting cans of gasoline like so many scraps of meat. On the plus side, we're also one step closer to finally equipping our cars with superchargers and massive gas tanks rigged with explosives a la Mad Max and his archetypal peak-oil sled, "the last of the V-8 Interceptors."
Sir Richard Branson has kicked around quite a few green transportation projects over the years – he loved then hated biofuels for cars (some biofuel production methodss, at least), his Virgin Airlines used biofuels to fly from London to Amsterdam and he talked to Saab – but now we might be getting a little window into why he's put so much effort into finding gasoline alternatives.
Richard Branson would like to go racing with his Virgin brand that is known around the world. The withdrawal of Honda from Formula One at the close of 2008 provided a perfect opportunity to pick up all the pieces that are needed on the cheap. But you don't get to be as wealthy as Sir Richard by doing dumb stuff, and Branson is apparently aware of Roger Penske's warning about using racing to make small fortunes out of large ones. Therefore, before he proceeds with taking on the remnants of Honda'
Is there anything in this world that billionaire Richard Branson isn't interested in? The British tycoon already has over 360 ventures under the control his Virgin Group, and he may soon add another. According to an unnamed spokesperson for Honda, Branson is in discussions, along with other unknown interested parties, to purchase the erstwhile Formula 1 team that was formerly part of a factory-backed effort from the Japanese automaker.
Richard Branson, he of the various Virgin Enterprises, has attached its name to a staggering array of ventures. Not the least of those is Virgin Galactic, which is currently hard at work sending space-age aircraft into heretofore uncharted territory. Space Ship Two and White Knight Two are the two latest machines going airborne for the firm, and these two craft will soon be carrying instruments for the National Oceanic and Atmospheric Administration (NOAA).
MSNBC reports that today in New York at the Clinton Global Initiative, a conference focused on the world's economic, health and energy issues, Richard Branson pledged to commit all the profits from his transportation businesses over 10 years, estimated at about $3 billion, to fight global warming.