Williams

Williams expects decision on potential sale within four months | 2020 F1 season

Williams deputy team principal Claire Williams wants to secure new funding for her team - potentially through a sale - within the next four months.

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13 hours ago, F1 Fanatic, Williams

Formula 1: George Russell 'buzzing' for delayed 2020 season to start

Williams driver George Russell is "buzzing to get going again" after the announcement that the 2020 Formula 1 season will start in Austria on 5 July.

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1 day ago, BBC Sport, Williams

New aero handicap rules will make F1 a “fairer fight” – Williams | 2021 F1 season

F1's new aerodynamic handicap regulations are "a really neat solution" which will help smaller teams become more competitive, says Williams deputy team principal Claire Williams.

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2 days ago, F1 Fanatic, Williams

Storey: Rich Energy could sponsor Williams

Rich Energy could be interested in sponsoring Williams Formula 1 team according to CEO William Storey, after the Grove outfit announced the termination of their deal with ROKiT. Williams ended the deal with ROKiT following the news that the team was looking for new investors and potentially open to a...

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2 days ago, Grand Prix 247, Williams

F1 News: Williams confirms loans brought £28m into company

The Williams Formula 1 team has formally confirmed that the loan arrangements it refinanced in April brought £28m into the company, with partial repyament due by April 2022 and the rest over a longer timeframe

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2 days ago, Autosport, Williams

Williams loans brought £28m into company

Williams loans brought £28m into company

As reported at the time the loans involve Michael Latifi, father of Williams driver Nicholas, as well as banking group HSBC.The newly-released Williams Grand Prix Holdings plc annual report for 2019 contains details of the refinancing, despite it occurring after the reporting period.The new arrangements...

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2 days ago, Motorsport.com, Williams

F1 News: ROKiT says W Series, FE deals unaffected by Williams split

ROKiT insists it remains fully committed to its other motorsport commitments, and is exploring new opportunities, despite the termination of its title sponsorship deal with the Williams team

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3 days ago, Autosport, Williams

F1: ROKiT owed Williams a "significant amount"

The official F1 website claims that title sponsor ROKiT owed Williams a "significant amount" at the time the team decided to terminate its contract with the company.

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4 days ago, Pitpass, Williams

Why the once mighty Williams F1 team is up for sale

Why the once mighty Williams F1 team is up for sale

The Formula 1 team has taken a big hit over the past few years as it has tried to balance its income against ever increasing expenditure. The former has inevitably been impacted by the poor performance on track, one that has seen it tumble from third place in the World Championship as recently as 2015,...

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4 days ago, Motorsport.com, Williams

F1 Analysis: Why Williams is up for sale

Formula 1's decision to lower its cost-cap to $145m per season from 2021 was widely celebrated on Wednesday, but the economic impact of the COVID-19 pandemic was underlined on Friday as Williams revealed it would be open to selling its team. ADAM COOPER delves into the situation facing one of F1's fiercely...

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5 days ago, Autosport, Williams

Williams wants new investors/owners in "three, four months"

Williams wants new investors/owners in "three, four months"

The Grove-based outfit announced on Friday that it was beginning a strategic review of its operations to attract a financial injection that it believes will help secure it a brighter future in F1.While the formal process has only just begun, deputy team principal Claire Williams said the outfit did not...

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5 days ago, Motorsport.com, Williams

F1 News: Williams aims to complete search for new investment by summer

Williams wants to complete the process of finding investors, or even new owners, for its Formula 1 team by the summer

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5 days ago, Autosport, Williams

F1: Sale would be to secure team's future, says Williams

Clare Williams insists that the option of putting her team up for sale is to secure its future as opposed to being a final act born of desperation.

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5 days ago, Pitpass, Williams

Claire Williams: New investment will protect our team’s future

The Williams family is prepared to give-up control of its eponymous team in order to protect its Formula 1 future, deputy principal Claire Williams said on Friday. The announcement is a major shift for a proudly British company co-founded by Frank Williams, Claire’s father, and that won a string of world...

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5 days ago, Grand Prix 247, Williams

‘Williams are not in long-term decline – we’ve had two bad years’ | 2020 F1 season

Williams deputy team principal Claire Williams says the decision to offer the team for sale is the best option to secure funding and protect its future.

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5 days ago, F1 Fanatic, Williams

Williams to reveal new 2020 car livery after ending Rokit sponsorship deal | 2020 F1 season

Williams insists it met all its obligations to former title sponsor Rokit, which it has split from ahead of the 2020 F1 season.

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5 days ago, F1 Fanatic, Williams

Williams considering sale of Formula 1 team, axes Rokit sponsorship

Williams is considering the possibility of selling its once-dominant but now struggling Formula 1 team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday. The company published annual results showing F1 revenue slid to 95.4 million pounds ($117.6 million) in 2019,...

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5 days ago, Grand Prix 247, Williams

F1 News: Williams plans new livery after ROKiT split

Williams plans to reveal a new livery before the start of the Formula 1 season, in the wake of it terminating its title sponsorship deal with ROKiT

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5 days ago, Autosport, Williams

Williams to reveal new F1 livery after terminating ROKiT deal

Williams to reveal new F1 livery after terminating ROKiT deal

The Grove-based outfit made a shock announcement on Friday that its deal with ROKiT, which had been due to run until the end of 2023, had been cancelled with immediate effect.Speaking to selected media, deputy team principal Claire Williams declined to elaborate on the reasons for the split, but was...

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5 days ago, Motorsport.com, Williams

The Williams F1 Team Could Be Sold Off As Rokit Is Dropped As Title Sponsor

Williams has ended its title sponsorship deal with Rokit, with the board admitting that it 'considering its options' over the future of the team

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5 days ago, WTF1, Williams

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