Brawn to replace Virgin with Emirates

(GMM) Current sponsor Virgin will leave Brawn at the end of the year but new deals are in place for 2010, according to team chief executive Nick Fry.

The Daily Express newspaper said Fry confirmed the impending departure of Sir Richard Branson's famous brand, which is switching to the new Manor team, to be known probably as 'Virgin F1' next year.

Fry however said contracts are already in place to replace Virgin, and the Daily Express said one of them could be with the airline Emirates.

"We have zero worries on funding," the Briton is quoted as saying.