Starting from the Gelfand-Fuks-Virasoro cocycle on the Lie algebra X(S
1) of the vector fields on the circle S1 and applying the standard pro
cedure described by Drinfel'd in a finite dimension, we obtain a class
ical r-matrix (i.e. an element r is-an-element-of X(S1) AND X(S1) sati
sfying the classical Yang-Baxter equation), a Lie bialgebra structure
on X(S1), and a sort of Poisson-Lie structure on the group Diff(S1) of
diffeomorphisms. Quantizations of such Lie bialgebra structures may l
ead to 'quantum diffeomorphism groups'.