One of the greatest teams in the history of Formula 1, Williams, was announced for sale after realizing 13 million pounds in losses for the transitional financial year. The only wish of Sir Frank Williams’ family is to keep the team’s name.
There is already interest from a potential investor, who, however, does not guarantee this.
Williams was founded in 1977 by Sir Frank and Sir Patrick Head. His first start was in Spain. So far he has 727 starts, of which he has won 114 victories. Champion for constructors 9 times (1980, 1981, 1986, 1987, 1992, 1993, 1994, 1996 and 1997). He became champions Alan Jones (1980), Keke Rosberg (1982), Nelson Pickett (1987), Nigel Mansell (1992), Alain Prost (1993), Damon Hill (1996) and Jacques Villeneuve (1987).
Last season, however, he won just one point through Poland’s Robert Kubica. Frank Williams, 78, still lives in the team’s factory, which employs 630 people.
During the pandemic with the coronavius, due to which the new season did not start, the team lost its main sponsor RokIT, a telecommunications company.
The start of the Formula 1 season was confirmed on July 5 in Austria, after Sports Minister Werner Koegler officially announced that he had given permission for it.
There will be two indoor races. On Monday, the United Kingdom is expected to announce that Formula 1 is removed from the list of mandatory quarantine, which will allow there to be a race at Silverstone. This year is the 70th birthday of the formula, which starts right from the English track.