Auto Culture

Williams Formula One Team Sold To American Investment Company


Constantly struggling Formula One team Williams has finally been put out of its misery – at least temporarily – and been sold to New York City-based private investment firm Dorilton Capital. The sale marks a somber end to their 43-year run as a family-owned team begun by founder Frank Williams in 1977.

Williams, however, will continue to race under the Williams name – for now – and will remain at their Grove headquarters in England. The deal – whose terms were undisclosed – for Williams Racing was supported unanimously by the board, including the 78-year-old founder Williams.

While Williams has currently been experiencing poor results, they were a force early on in their development and are the third most successful constructor in the sport’s history, with 114 wins and 16 titles – although their last measurable successes occurred in the late 1990s and a Williams car has not only not won a race since 2012, the team finished last overall in 2019 and are on pace to repeat that result this year after the first six races of the season.

About Alex Bean

Recommended for you