After the Italian Grand Prix, the Williams Racing team remained in Formula 1 under a new management. Sir Frank Williams and Claire, his daughter, ended their association with their family-owned Formula 1 team. The two concluded their roles as the Team Principal and Deputy Principal, respectively, after the team was purchased by Dorilton Capital, an investment company in the United States.
With the new management, many Formula 1 sports lovers and punters believe that the team will be a perfect option when it comes to betting – especially on George ‘Mr. Saturday’ Russell’s qualifying form. And sites like Sportsbet will offer the best odds on it. You can try it out if you want to enjoy the thrill that betting on Formula 1 races offer.
The New Board of Management at Williams
After leaving their roles, the new management announced the creation of a new board to manage the company. The current board consists of:
- James Mathews: The CEO of Eden Rock
- Darren Fultz: Chief Executive Officer of Dorilton Capital
- Mathew Savage: Chair of Dorilton Capital
Individuals who will replace both – Sir Frank and Claire Williams haven’t been announced. Sir Frank, who established the company with Sir Patrick Head in 1977, has been one of the best and most successful team owners/principals in history with 9 Constructors’ and 7 Drivers’ Championships. On the other hand, Claire Williams has been the Deputy Team Principal since 2013.
Williams Lasting Formula 1 Legacy
Currently, Sir Frank is 78 years of age, and he first involved himself in Formula 1 in 1969. The Frank Williams Racing Cars were his first venture and saw him operate a customer Brabham chassis. Williams Racing is the current team and was established in 1977. Operating out of an old warehouse in Oxfordshire, Williams Racing won its first race with Clay Regazzoni at the British GP in 1979 and the first Drivers’ title the following year with the Australian, Alan Jones.
In March 1986, a car accident led to Williams sustaining serious injuries, leaving him tetraplegic. Despite this, Williams continued to manage the team, and it won a total of 7 titles in the 1980s, including three Drivers’ and four Constructors’. In 1992 and 1997, the team added more titles to its name. Although Jacques Villeneuve’s championship in 1997 remains the team’s last title win. Williams Racing won several races with BMW power in the 2000s.
The team experienced a few highs in the 2000s but since then, Williams Racing has slipped backwards and finished bottom in Constructors’ Championship in the past few seasons. Despite the difficulties, the family and the team have remained massively admired and popular among sports lovers and investors.
Summary
For both Sir Frank and Claire Williams, it’s the end of the chapter. However, the legacy will continue. And the two believe that the company will continue to enjoy full support from its fans from across the world. They wished the current board and the entire team all the best in the next endeavours.