The Williams family will step down from running the historic F1 Team after this weekend's Italian Grand Prix.
- Williams was founded by the legendary Sir Frank Williams in 1977.
- The third oldest team in F1, Williams has won 114 races and 9 constructors' titles.
- The team was sold less than a fortnight ago to New York Investment Firm, Dorilton Capital.
This weekend will mark the end of an era, as Williams F1 team enters its last race with its founding family at the helm. The Williams family has overseen an impressive 43-year history, with this weekend being their 739th race entry.
After a challenging few years and the coronavirus pandemic, their need to find "inward investment" meant that Claire Williams had to oversee the sale of the team, in order to secure its long term future on the F1 grid.
One can only imagine how hard it will have been for Williams to make the decision, but we must not forget that it is a decision that allows the team to keep adding to its impressive legacy. Under the Williams family, the team enticed signatures of some of the biggest names in F1 history: Senna, Prost and Mansell to name just a few.
Recent years have proved more trying for the Grove-based team, having won just one race in the last 15 years. The rising costs of running a team and the huge budgets enjoyed by their front-running rivals have made it extraordinarily difficult for Williams to compete on the same level.
It is fitting then that Claire's last act as Team Principal was to help shape and commit to a fairer set of technical and financial regulations. This, along with the capital offered by Dorilton will no doubt give Williams their best chance to return to winning ways in the future. The decision to step down was ultimately made by Claire herself:
“I have taken the decision to step away from the team in order to allow Dorilton a fresh start as the new owners. It has not been an easy decision but it’s one I believe to be right for all involved. I have been enormously privileged to have grown up in this team and in the wonderful world that is Formula One. I have loved every minute and will be forever grateful for the opportunities it has given me. But it’s also an incredibly challenging sport and I now want to see what else the world holds for me. Most importantly, I want to spend time with my family.
“I would like to thank Dorilton for their support and for understanding my decision. I would also like to thank our fans who have stuck by us through thick and thin. Our people at Williams have always been family, they have kept me motivated during the difficult times and it is them who I will miss the most. It is my genuine hope that the process we’ve gone through brings them the success they deserve. And finally, I would like to thank my Dad for everything he has given to the team, the sport and our family.”
It would indeed be wrong not to thank Sir Frank Williams for his contribution to F1. He is an extraordinary man by all accounts, and the achievements of the sport's longest serving Team Principal speak for themselves.
RaceDepartment would like to thank the Williams family for everything they have done for motorsport, and wish the team that will continue to race under their name the very best as Formula One heads into a new era.
For more news or debate from the world of Formula One, check out our
F1 sub forum and engage with our highly knowledgeable community!