New York, NY (Vocus) November 12, 2010
International Direct Selling Company QNet, today announced an exciting new partnership with the Virgin Racing Formula 1 Team, hours before the 2010 F1 Grand Prix kicked off in Abu Dhabi.
The long-term partnership will see the QNet brand become the Official Direct Selling Partner of Virgin Racing.
QNet, a leader in Direct Selling in Asia and with a significant presence in the Middle East is the flagship subsidiary of the QI Group of Companies, an international conglomerate headquartered in Hong Kong. QNet distributes a wide range of wellness and lifestyle products and services through its cutting edge e-commerce platform to millions of customers worldwide.
For QNet, which has been involved with motorsport through its sponsorship of teams in the Formula BMW, Formula V6 and the GP2 Asia series from 2004 to 2010, the move to Formula 1 is a natural progression, ensuring exposure for the brand on a global stage, in the highest of sporting arenas.
At the launch event, Vijay Eswaran, the Executive Chairman of the QI Group, Graeme Lowdon the CEO of Virgin Racing, and Sir Richard Branson expressed their delight at this new partnership:
“The way I see it, it is the coming together of two dynamic lifestyle Groups – Virgin and QI. For us, it was a decision made easy by the commitment and dedication shown by the Virgin Racing team. Plus, of course there is always the Richard Branson factor, which is undeniably a major plus point for us!
It is rare for me to come across another individual, especially one of Sir Richard’s stature, who has the same viewpoint on life as I do. I see this as the beginning of a journey between the QI Group and the Virgin Group with QNet and the Virgin Racing F1 Team kicking off the journey.”
“It is very exciting to be able to announce QNet as a new long term partner for Virgin Racing at the season finale in Abu Dhabi. Much like our team, QNet is young and progressive company with an aggressive development strategy for success. We are looking forward to 2011 with confidence and QNet, along with all our partners, can be assured that we will be relentless in pursuit of our racing objectives. We look forward to working together with QNet in the years ahead.”
Sir Richard Branson:
'I am absolutely delighted by this news. Having been personally involved in the partnership discussions, it's particularly pleasing for me to see this come to fruition. I look forward to working with QNet on this project and hopefully many others.'
Since 1998, QNet has been one of the foremost pioneers of the direct selling profession throughout Asia, distributing an innovative range of lifestyle products to millions of customers around the world through its cutting-edge e-commerce platform. In its second decade, the company is fast emerging as a global direct selling brand with major operations in Hong Kong, Malaysia and Singapore, and a worldwide presence in almost 30 different countries through representative offices and agency partnerships.
In addition to its strong portfolio of exclusive wellness brands – including nutrition, energy, personal care, home care and other lifestyle product categories – QNet also offers a proven business opportunity to promote the company’s products, representing the potential for an entrepreneurial business venture through network marketing.
QNet, the flagship of the QI Group of Companies, is driven by the mission of ‘Raise Yourself To Help Mankind’ (RYTHM). This philosophy is embodied in many widespread educational, environmental, cultural, and disaster relief philanthropic initiatives, which are enabled by our corporate social responsibility arm, the RYTHM Foundation.For more information, please visit http://www.qnet.net.
About the Virgin Racing F1 Team
Virgin Racing is a new team for a new era of Formula One. It combines the firepower of one of the most recognised, respected and exciting brands in the world with a racing team concept that looks to exploit and capitalise upon F1’s new economic dawn and the challenges of the resource restriction agreement that is redefining the sport. Virgin Racing also heralds a new breed of team ownership.
Designer Nick Wirth returns to F1 after a decade, having enjoyed remarkable success in Indy Racing and Le Mans sports car development in the USA with his innovative and low-cost design approach. Nick has joined forces with one of the very best names in national and international motor racing, John Booth, whose Manor Motorsport operation in the North of England achieved unrivalled Formula 3 success and played a major role in the development of several of today’s greatest motor racing talents.
For more information visit http://www.virginracing.com