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Williams F1 confirm sale to Dorilton Capital
Williams F1 have confirmed the team have been purchased by American private investment company Dorilton Capital. It was announced in May that Williams were considering a partial or full sale of the iconic team to ease financial pressures and undergoing a strategic review of the best way to protect its future. The team had suffered a downturn in revenues in recent years after finishing bottom of the F1 constructors' World Championship in each of the last two seasons. In a statement, Williams confirmed the team had been bought out by Dorilton Capital in a move that brings “a successful conclusion to the Strategic Review which was launched in late May'. Autosport, quoting the statement,...
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4y ago from PlanetF1.com
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