The other shoe has finally fallen. Last week the big announcement was that Williams Racing was sold to an American interest, Dorilton Capital. Now Autoweek is reporting that principal/founder Sir Frank Williams and daughter/deputy team principal Claire Williams will be departing after the Italian GP and Monza this weekend. What happened?
For those of you acquainted with F1 it should come as no surprise that the family was seeking capital to help them climb up the tables, but did anyone expect the family to sell control of the team, much less depart? I know I didn’t.
Williams is a storied team, but as of late has been in decline since 2014, when the team finished 3rd in points. Hopefully the new investment along with new leaderhip will put this team on solid footing for the future.
Both of these changes coupled with the signing of a new concorde agreement, that will help reduce the disparity between the first and last place teams in terms of revenue shared, as well as a new set of technical regulations will go into effect for the 2022 season could start them on their way back to the top. Still though, it won’t be the same without Sir Frank, and Claire being in the pits come race day.