• Williams looking for fresh investment and considers selling stake

  • Contract with title sponsor Rokit has been terminated

  • However, the team reiterates it’s ready to resume racing in 2020

The Williams F1 team has revealed that it has commenced a “formal sale process” after the company reported a loss of GBP 13 million (Rs Rs 121 crore) last year. While no decision has been made as yet, Williams is considering selling a minority or majority stake in the team.

Is this end of the road for Williams in F1?

A statement released by Williams says it is examining a number of options to secure the team’s future. “As part of this new strategic direction, the WGPH [Williams Grand Prix Holdings] board is undertaking a review of all the various strategic options available to the Company,” read the statement.

“Options being considered include,…

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