Sir Richard Branson's Virgin Group is not the only bidder for the Brackley based formula one team, a spokeswoman for owner Honda Motor Co. said on Wednesday.

Sir Richard Branson's Virgin Group is not the only bidder for the Brackley based formula one team, a spokeswoman for owner Honda Motor Co. said on Wednesday.

Virgin's eleventh-hour bid came to light this week, and is reported to have scuppered the finalisation of a Nick Fry and Ross Brawn-led management buyout.

But the Japanese carmaker's spokeswoman insisted that Virgin's is just "one of many" bids. She told the Bloomberg agency that there are "several potential buyers".

She declined to name the other bidders, but said the team will only be sold with the approval of Honda's Tokyo-based board of directors.

Should a renamed Honda Racing team make it to Melbourne next month, it is reasonably clear that the drivers would be Jenson Button alongside the Brazilian rookie Bruno Senna.

Senna told the latest edition of Italy's Autosprint magazine that, given the lack of testing this winter, his debut would be among the most difficult of any F1 driver in recent times.

"However, it's always better to be in F1, even under difficult conditions, than to be out of it," the 25-year-old, a nephew of the great Ayrton Senna, said.

 

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Virgin *one of many* Honda F1 bidders