Richard Branson Dresses As Beautiful Lady After Losing F1 BetMichael Ballaban5/12/13 12:17pmFiled to: Richard BransonFormula OneBets101EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkRichard Branson, creator of the Virgin conglomerate which owns all of your airplanes and music-makers, lost a bet with fellow billionaire Tony Fernandes. The result is the terrible monstrosity you see here.AdvertisementWay back in 2010 (remember then? I can't remember then. SO SO long ago) Branson owned a Formula One team as well, called Virgin Racing. Fernandes, Asia's version of Branson, also owned his own F1 outfit, Team Lotus. When you both own F1 teams and airlines and have billions in the bank, the only gentlemanly bet is obvious.Whoever's F1 team won more points would be forced to act as a flight attendant (female, of course) on the winner's airline. Team Lotus finished higher in race positions than Virgin Racing, and today, three years later, it was time for Branson to pay the piper.