The Marussia Virgin team has unveiled its 2011 season challenger - the MVR-02 - at the BBC's Television Centre in London, where the team also took the opportunity to outline its vision for 2011 and beyond following last week's management restructure.

The MVR-02, the team's second car to be designed entirely using CFD (Computational Fluid Dynamics), will contend the 20 Grands Prix on the 2011 Formula One World Championship calendar, with the team's new driver line-up, Germany's Timo Glock and Belgium's Jerome d'Ambrosio, who makes his Formula One debut with the team this season.

The car is the first to bear the MVR chassis designation, following Russian performance car manufacturer Marussia's acquisition of a significant stake in the team at the end of last season.

Marussia Virgin Racing bucked the trend of a trackside roll-out and instead opted to reveal the MVR-02 during a recorded television production - ‘An Audience with Marussia Virgin Racing' - which took place in front of a packed audience of Media and Team Partners at the famous television studios. True to the team's commitment to its burgeoning fan base, Marussia Virgin Racing also welcomed a large contingent of its social media followers to the event and they were at the heart of the action as the wraps came off the new car in Studio 1.

As the team embarks on its second season of Formula One competition, Marussia Virgin Racing Team Principal John Booth, commented: "We had a tough but incredibly rewarding baptism into Formula One last season and I am extremely proud that we proved ourselves to be more than equal to the challenge. We are also very proud to be competing as Marussia Virgin Racing in 2011 and we look forward to rewarding the faith that Marussia demonstrated in the
team when it made such a significant investment at the end of last year.

"2011 is all about moving forward and starting to achieve solid results. We have a very exciting driver line-up in Timo Glock and Jerome d'Ambrosio. Timo did an exceptional job in difficult circumstances last season and contributed a great deal to the car's development and that of our racing team. We will certainly benefit from the continuity that Timo brings. He has been working very hard over the winter and is in top physical and mental shape for our second season together. We are also delighted to welcome Jerome in his debut season of Formula One competition. He did an excellent job during his evaluation period towards the end of last season and he demonstrated in testing last week that he clearly has the bit between his teeth. He is a very exciting young talent
and we are enjoying seeing his clear potential unfold with each outing in the car.

"The MVR-02 is a clear step forward in every area and a credit to all the hard work that has gone into our car development programme over the past 12 months. We are delighted to be working with our engine supplier Cosworth for a second season of collaboration. Despite the freeze on engine development they have been working hard on reliability and performance optimisation over the winter and we fully expect a continuation of the success they enjoyed in their return to the sport in 2010. The sport has the added challenge of a new tyre supplier in Pirelli but we have made good progress with tailoring our mechanical package to suit the new PZero tyres in the group tests in Abu Dhabi at the end of 2010 and in Valencia last week.

"Generally, we have every reason to believe that 2011 will be a very exciting and positive experience for our team."

Providing the technical perspective on the new MVR-02, Technical Director Nick Wirth, commented: "We were extremely pleased to have proved our digital design process in Formula One last season and to have demonstrated that it is possible to compete at the highest level of motor sport with a car designed wholly in computer simulation. Having said that, we faced a very steep learning curve and experienced some tough lessons, which we have applied to our design programme for 2011.