Paris Hilton's Motorcycle Grand Prix Team

Paris Hilton poses before the SuperMartxe VIP Party at Fabrik on Saturday (December 18) in Madrid, Spain.

The 29-year-old heiress now co-owns a team in the 2011 Moto 125cc grand prix series. The team will operate in partnership with a Barcelona-based team, By Queroseno Racing (BQR).

Paris unveiled a pink, white and blue livery for the 125cc Aprilia RSA motorcycles that Sergio Gadea and Maverick Viñales will race in 2011. She says she plans to attend as many races as possible next season.

FYI: Paris is wearing Black Halo‘s Lacy Mini.

10+ pictures inside of Paris Hilton at the Supermartxe VIP Party…