Saturday, 27 February, 2021


Williams family to withdraw from Formula 1 team

Claire Williams is officially the deputy to her father Frank who no longer attends races and is also leaving Formula 1: Sir Frank Williams and Claire Williams step down from Williams team
Noah Ferguson | 05 September, 2020, 15:26

US-based investment firm Dorilton Capital purchased Williams Grand Prix Engineering last month, taking full control of the Formula 1 team.

"We have been in this sport for more than four decades".

"I wouldn't be where I am today without Frank and Claire", Russell said".

Team founder Sir Frank Williams with Nigel Mansell in 1986.

Frank Williams, 78, began active competition in F1 in 1972, but did not establish the team that went on to win 16 constructors' and drivers' championships until the 1977 Spanish Grand Prix.

The takeover has been described as a move to secure the future of the Williams team, albeit which will be rebranded for the remainder of the season as the iconic racing name disappears from the grid.

Dorilton Capital chairman Matthew Savage praised her for continuing her father's legacy and for her efforts in helping women play a greater part and receive more recognition in a male-dominated series.

Claire and Frank had already taken the bold decision to undertake a strategic review of its operations, which resulted in the outright sale of the team to American investment company Dorilton Capital.

This truly marks the end to an era of one of F1's most successful teams. "It has not been an easy decision but it's one I believe to be right for all involved", Williams said in a statement Thursday. I have been enormously privileged to have grown up in this team and in the wonderful world that is F1.

"I met Frank and then eventually I got that opportunity to become a test driver and then used that opportunity and they gave me the chance to be a race driver. But it's also an incredibly challenging sport and I now want to see what else the world holds for me".

"I just wanted to send a very personal message to you all out there to say thank you for all the support that you have given us through all the years of racing".

"They've given many drivers their first opportunity". It is my genuine hope that the process we've gone through brings them the success they deserve. The once-dominant but now-struggling team, who have not won a grand prix since 2012 and are currently last and without a point, will continue to race under the Williams name.

Further details about the new owners of Williams have been revealed after James Matthews was one of three new appointees to the Board of Directors on Thursday.

"Claire's achievement in sustaining Williams Racing's heritage, relevance and commitment to innovation in a hard environment since taking charge in 2013 has been nothing short of monumental", he said.

"We are proud to carry the Williams name into the next exciting phase for the sport".

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