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Williams F1 team sold to US investment firm
Williams Racing has been sold Williams has announced the sale of its Formula 1 team to a United States private investment firm. Williams Grand Prix Holdings revealed in late May that it was entering into a formal sale process, with a sale in full, sale in part, or capital raising all being considered. That process has now resulted in Williams Racing being sold to Dorilton Capital. “The Strategic Review was a useful process to go through and proved that both Formula One and Williams have credibility and value,” said Deputy Team Principal Claire Williams. “We have now reached a conclusion and we are delighted that Dorilton are the new owners of the team.” According to Williams’...
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5y ago from SpeedCafe.com
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