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Brawn GP Price Gone Up, Branson Still Interested

Becoming the number one team in Formula 1 and having the two drivers contesting for you in the top two positions after the first 4 races have certainly boosted Brawn GP's sponsorship rates ahead of the team's European debut. Team CEO Nick Fry announced there are no less than 25 companies interested in associating their name with the Brackley based team in one way or the other, and the prices for such collaborations have consequently gone up.

All the potential sponsors ring up on a Monday morning and say, 'oh my god, the price has gone up again'. We've got between 20 and 25 companies talking to us either about sponsorship or some wanting to buy into the team. Ross and I need to come to the correct decision, not the quick decision,” Fry was quoted as saying by the London's Times.

Sir Richard Branson was one of the first people interested in collaborating financially with the team, as his Virgin Group went on to secure a 4-race deal with Brawn GP from as early as the Australian Grand Prix. Seeing the potential of the team in 2009, Branson has reportedly made a second offer to Fry prior to the Spanish event.

Although not disclosing whether it's a sponsorship deal or a buy-out proposition, Fry admitted he and team owner Ross Brawn have received a new offer from Branson, which they are to discuss in the upcoming weeks.

Richard has made an offer. The issue for us is whether or not it is the best offer we can get,” revealed Fry.

Branson was initially linked with a potential buy-out of the Honda F1 Racing team earlier this year, but he decided to turn down the offer from the Japanese manufacturer, as he was unsure about the team's prospects in the near future. Being that Brawn GP went on to become the hit of the year has certainly cleared things up for the Virgin owner.

Branson announced he will have another series of talks with the Brawn GP officials during the upcoming Spanish Grand Prix, on May 8.
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