What happened to Frank Williams

Formula 1: Williams family withdraws

The previous co-team boss Claire Williams (44) will step down this weekend after the Italian Grand Prix in Monza. The daughter of the legendary racing team co-founder Frank Williams wants the new owner Dorilton Capital "a restart" allow. "It was not an easy decision, but I think it is the right one for everyone involved", said the Briton on Thursday (03.09.2020).

Founded in 1977, nine constructor titles

With Williams' withdrawal, an era comes to an end for the English private team. The racing team was founded in 1977 by the then team boss Frank Williams and Patrick Head. The team won the constructors' title a total of nine times. The last drivers' championship was won in 1997 by the Canadian Jacques Villeneuve. Frank Williams, who was in poor health, stepped down from the board in 2012 and cleared the way for his daughter. In 2013 she was promoted to co-team leader.

Name and headquarters remain

The New York-based investment company Dorilton Capital spoke of one "new chapter" in team history. After 43 years and 739 Grand Prix, the Williams family will withdraw from the sport. In the Corona crisis, the racing team's financial problems had worsened. A new owner has been found in Dorilton Capital, "who understands the sport and knows what it takes to be successful"Claire Williams explained at the time. The team's name and headquarters in Grove will remain.

dpa / sid | Status: 03.09.2020, 14:13