F1 | Williams Sold To American Investment Firm

F_B

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Nov 27, 2013
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Don’t forget Tyrrell or Brabham.
Many many traditional teams have left F1 or sold their teams.
Hope they keep the name Williams although it is not the real deal anymore.
 
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zubodai

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I'm keeping my fingers crossed that they slowly rise up the grid......... (FW14B.......)
 

safi hellie

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Jul 18, 2019
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Lol at the people saying its good for the people and good to see Williams carry on..

They will asset strip and and grind it down over the next few years.

Williams history is better than the last few years so personally the sooner they get put to sleep the better...
 

gamer19

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Aug 28, 2012
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Claire is maybe a nice person but she shouldn't take that job. it's cutthroat business for gentle her. :unsure:
Perhaps F1 in general isn't for a woman ? Monisha Kaltenborn is another fresh example.
 
May 27, 2020
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"The Strategic Review was a useful process to go through and proved that both Formula One and Williams have credibility and value....When we started this process, we wanted to find a partner who shared the same passion and values, who recognised the team’s potential and who could unlock its power."
"We believe we are the ideal partner for the company due to our flexible and patient investment style...We look forward to working with the Williams team in carrying out a detailed review of the business to determine in which areas new investment should be directed."

I love this wonderfull newspeak. It's so sincere, so poetic. It really touches my heart.
 

paracletus

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Dec 6, 2013
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A sad end for one of the great f1 teams; one just knew this was on the cards when they sold the technical a twelvemonth ago. I guess they are another casualty of hybrid-era.
 

farjam

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Jun 4, 2017
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Does anyone know if this includes Williams Advanced Engineering? I don't know what their corporate structure looks like.
Well, they have sold much of that company's stakes during previous years that now they are a minority stake holders, very minor, so they almost have nothing in there (they have sold it slowly to provide cash flow for F1 team) and now the new buyer will have that minority in Williams Advanced Engineering too.
__________________

The process will likely be this :
they have bought Williams as an investment firm expecting two things
1. they can cut costs
2. the new Concorde agreement will produce a profit for the team and its value rises. Then Williams will be up for sale again.

I saw this on twitter written by someone (it was exactly what i was thinking) and i believe that will the reality of it.
 
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Stingraymx

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Dec 28, 2015
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Guessing this is just a very weird coincidence - "Williams has sold up to BCE Limited, a fund which is managed by Dorilton Capital Management LLC (Dorilton Capital), ......"

What must the odds be on a fund buying into F1 that happens to have the same initials as a certain short older gentleman who had a big hand in F1....a Mr Bernard Charles Ecclestone

Uncanny !
 
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Dec 10, 2018
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Well I was having quite a good friday until I read that. One of the great British teams, sold off to an investment firm, and not even a British one at that. Hopefully a British organization gets interested when it inevitably goes up for sale again soon. A condition of sale should have been to retain the Williams name. Very sad :(
 

Nick Hill

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Even though Haas has sort of let me down on this front, I am looking forward to some American-style sponsorships! I want to see the Williams car festooned nose-to-tail with all sorts of gaudy commercial logos! :p

I'll also be looking forward to the George Russell post race interview wherein he tells us "the Cheetos/Mt Dew Williams Racing car was runnin' reaaaaaaal good today!" He is wearing a hat with Chester Cheeto on it and he looks glorious.
 

rubaru

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Dec 7, 2015
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Even though Haas has sort of let me down on this front, I am looking forward to some American-style sponsorships! I want to see the Williams car festooned nose-to-tail with all sorts of gaudy commercial logos! :p

I'll also be looking forward to the George Russell post race interview wherein he tells us "the Cheetos/Mt Dew Williams Racing car was runnin' reaaaaaaal good today!" He is wearing a hat with Chester Cheeto on it and he looks glorious.
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