» Glock stays on board with Virgin Racing

Timo Glock has signed a three-year contract extension with Virgin Racing, the team announced today before this afternoon’s German Grand Prix.

With the 29-year-old racing on home soil, he was suitably thrilled with the announcement, saying: “I can’t wait to be with the team when we start to enjoy the good times. And I know they are coming.”

The Virgin Racing team is yet to score a point in its 18 months of competition – and nor has it looked likely to, for that matter – although the team has declared it is putting “ambitious” plans in place to be “at the front of the field by 2014”.

What is equally interesting is that Glock is putting his lot in with an outfit that has proven it has had neither the resources nor the budget to progress up the field, having embarrassingly been forced to chop and change its development strategy and finally abandon the unworkable all-CFD design concept for its cars.

And while the German has earned some praise for some solid performances in a very underwhelming car, it would also seem that no other team is, as yet, willing to take a punt on the former Toyota podium-getter.

[Image via LAT]