Partial or complete sale of Williams on the cardsMercedes reaffirm F1 status amid Wolff exit rumoursWilliams are to consider putting themselves up for sale in order to ensure the future of a team that is still one of the most successful in F1 and has been fiercely independent in the hands of Sir Frank Williams since 1977.
The team made losses of £13m last year and, under increasing financial pressure because of
Coronavirus, are to open negotiations regarding a partial or complete sale. The team are to take a “new strategic direction” and will be assessing businesses interested in investment or a takeover. They are already in discussions with a small number of potential investors.