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  1. #1
    Senior Member Jag_Warrior's Avatar
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    Exclamation Williams Purchased by Private Equity Firm Dorilton Capital

    Sounds like this transaction is for the entire Williams group. I guess Toto gets to unload his remaining shares afterall.

    Matthew Savage, Chairman of Dorilton Capital, commented: We are delighted to have invested in Williams and we are extremely excited by the prospects for the business. We believe we are the ideal partner for the company due to our flexible and patient investment style, which will allow the team to focus on its objective of returning to the front of the grid.
    We look forward to working with the Williams team in carrying out a detailed review of the business to determine in which areas new investment should be directed. We also recognise the world-class facilities at Grove and confirm that there are no plans to relocate.
    "Every generation's memory is exactly as long as its own experience." --John Kenneth Galbraith

  2. #2
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    Its a good decision by the team and given their struggles over the last number of years where they nearly caved on a number of occasions its no surprise. Its good the Williams name stays in F1 whilst providing stability for the teams future. Im happy for them and hopefully see them up with the big boys again some day soon.

  3. #3
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    Quote Originally Posted by The Black Knight View Post
    It’s a good decision by the team and given their struggles over the last number of years where they nearly caved on a number of occasions it’s no surprise. It’s good the Williams name stays in F1 whilst providing stability for the teams future. I’m happy for them and hopefully see them up with the big boys again some day soon.
    It might be good but it does not go without the feeling that after Frank has managed to build up this illustrious team, there has not been anyone within the Williams organisation good enough to keep it up and running to the High standards that he has ran the team. The consequence being that it has gone bust upon his withdrawal from the management of the team.

    As a Williams fan, l am hugely disappointed that it has come to this.
    Better a witty fool than a foolish wit.
    William Shakespeare

  4. Likes: Jarek Z (24th September 2020)
  5. #4
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    Quote Originally Posted by Nitrodaze View Post
    It might be good but it does not go without the feeling that after Frank has managed to build up this illustrious team, there has not been anyone within the Williams organisation good enough to keep it up and running to the High standards that he has ran the team.
    Is this really surprising? The influence of the top manager in any modern enterprise is extremely important. It also has been the same in F1. Williams of today reminds Team Lotus of the 1980s and 90s. When Team Lotus was being run by Colin Chapman, they won seven WCCs and six WDCs between 1958 and 1978. Once Champan passed away, the team went into a steep decline, and disappeared a decade later.

  6. Likes: Jarek Z (24th September 2020)
  7. #5
    Senior Member Jag_Warrior's Avatar
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    Quote Originally Posted by zako85 View Post
    Is this really surprising? The influence of the top manager in any modern enterprise is extremely important. It also has been the same in F1. Williams of today reminds Team Lotus of the 1980s and 90s. When Team Lotus was being run by Colin Chapman, they won seven WCCs and six WDCs between 1958 and 1978. Once Chapman passed away, the team went into a steep decline, and disappeared a decade later.
    I agree. I can't remember exactly how it goes, but there's an old saying that goes something like, "no one cares as much about a house as the man who built it."
    "Every generation's memory is exactly as long as its own experience." --John Kenneth Galbraith

  8. Likes: Jarek Z (24th September 2020)
  9. #6
    Senior Member Jag_Warrior's Avatar
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    This marks Claire's final weekend as team principle and the end of an era for Frank - the last of the namesake team owners from yesteryear.


    Team sold, Williams family to leave F1 after Italian GP
    "Every generation's memory is exactly as long as its own experience." --John Kenneth Galbraith

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