It's understood that former British F3 Champion Alvaro Parente has lost his role as test driver with Virgin Racing.

The Portuguese hot-shot was named as Virgin's test driver at its media launch in December along with Brazilian Luiz Razia.

However, following the collapse of a sponsorship deal with the Tourism Institute of Portugal, Parente has been left without funding and consequently the Virgin drive.

The 25-year-old, who has described the situation as "crazy", is now looking to put together a budget that will enable him to continue racing this season.

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Parente loses Virgin test role

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