Aug.6 (GMM) Sir Frank Williams, one of the last true privateers on the formula one grid, says he has no plans to sell up.
His contemporay Ron Dennis, of the McLaren team, has effectively sold out to Mercedes-Benz and also Bahraini interests, while most of his other current rivals are either headed by carmakers or billionaires.
But even though his Oxfordshire-based team has been struggling for pace of late, Williams is quoted as saying by sportnet: "In the next few years we will not sell."
Recent speculation hints at a burgeoning relationship with the Icelandic investment group Baugur, but Frank Williams insists: "We would sell no more than shares, the name Williams is staying in formula one."
But veteran Williams, who is 66, acknowledges that he and the team's co-owner and engineering chief Patrick Head are "not getting younger".
However, he rules out suggestions that his son Jonathan, involved with a GP2 team but also with an office at Williams in Grove, will succeed him.
Jonathan is "too nice for formula one", Frank Williams smiles.
Written: Thu, 07 Aug 2008 08:20:14
[ Print View ][ E-Mail Article ]
- March 18, 2010Williams talk of VW link
- February 13, 2010Cosworth 'better' than Toyota
- February 01, 2010F1 comes alive - testing at Valencia
- January 29, 2010Williams signs Bottas as test driver
- January 27, 2010Launch and Test debut dates
- January 13, 2010Barrichello to test on 1 February
- December 29, 2009Soucek hints Williams test option for 2010
- December 02, 2009Young driver test underway
- November 26, 2009Wolff on Williams shares
- November 05, 2009Williams not releasing Rosberg
- (August 07, 2008)View all headlines from this date
