Virgin Racing is a motor racing team that will compete in the 2010 Formula One season. They were granted entry as Manor Grand Prix on 12 June 2009, as one of four new teams selected as of November 2009. On 30 November, the FIA released a revised entry list that stated the team's name as Virgin Racing. Richard Branson's Virgin Group is the title sponsor of the team, which was launched on Tuesday 15 December 2009.

The team was formed as Manor Grand Prix as a tie-up between Manor Motorsport and Wirth Research. Initially, Virgin's Alex Tai was the Team Principal, while Graeme Lowden was the team's Director of Racing. Manor Motorsport boss John Booth was the Sporting Director, while former Simtek team owner Nick Wirth was the technical director.  Less than one month after the Virgin partnership was officially launched, Tai left his position and Booth took over as team principal, with Lowden becoming the CEO.  The team will use engines supplied by Cosworth. Manor Motorsport are best known as a Formula Three team, currently running in the Formula Three Euroseries, and helped launch the careers of World Champions Kimi Räikkönen and Lewis Hamilton. Car preparation and racing operations will be run from its headquarters in Dinnington, South Yorkshire, while Wirth Research will design, develop and build the cars from its base in Bicester.

The teams also have plans to create a "Driver Academy", a series of racing teams starting in the new GP3 Series and advancing all the way up to Formula One.