WILLIAMS FAMILY TO LEAVE WILLIAMS GRAND PRIX ENGINEERING
Frank and Claire Williams will be stepping down from duties at Williams following the recent sale to Dorilton Capital.
Our Spotlight feature this month pays tribute to Frank’s 50 years in F1 tells the story of how he built the team into the front runner in the 80’s and 90’s delivering multiple driver and constructor world titles. Since the 90’s the team has been less successful failing to secure major sponsors. Frank has remained until now as Team Principle while Claire Williams has operated as deputy principal since 2013. She will leave that role after Sunday’s Italian Grand Prix. Since the sale was announced Claire Williams has insisted the team would continue with “business as usual”, but leaves the team forthwith.
Williams has appointed three new members to its board of directors. Matthew Savage, the chairman of Dorilton Capital, company CEO and co-founder Darren Fultz and Eden Rock Group CEO James Matthews are the men who will lead Williams into its new era.
Williams addressed the staff at Williams Grove HQ after the news was confirmed yesterday.
“It is with a heavy heart that I am stepping away from my role with the team,” she said. “I had hoped to continue my tenure long into the future and to preserve the Williams family’s legacy into the next generation.
“However, our need to find inward investment earlier this year due to a number of factors, many of which were outside of our control, resulted in the sale of the team to Dorilton Capital.”
“My family has always put our racing team and our people first and this was absolutely the right decision. I know in them we have found the right people to take Williams back to the front of the grid while also preserving the Williams legacy. 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.”
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