Formula 1’s former undisputed tsar, Bernie Ecclestone, has thrown himself into the battle to find a buyer for the illustrious and once-successful Williams team.
Williams would be a great loss. 100 percent. I look around to find people who could conceivably would get involved, says the 89-year-old briton told AFP.
the Team is both in sporting and economic crisis.
the Latest accounts showed a minus for 2019 13 million pound button 110 million dollars – why the team is going to have to sell a smaller or larger part to survive.
An outright sale can also come into question, announced to the Williams family.
Bernie Ecclestone lost his power in Formula 1 when private equity fund CVC sold the sport to Liberty Media. But the purged F1-zar is still at the courage of his convictions and show up and out for races. Photo: Andrej Isakovic/Ritzau Scanpix
Williams won the last world championship in 1997 with Jacques Villeneuve, and the latest grandprix-victory, to go back to 2012 to find when crashkongen Pastor Maldonado surprised everyone.
The getting started with hybridæraen in 2014 and 2015, but has been in free fall for several years, culminating in the sidstepladser in the constructor-the WORLD cup in 2018 and 2019. Last season scored the team just a measly point, which even required luck and regnvejrskaos to the song contest in Germany.
Bernie Ecclestone does not put fingers between when he points the finger at the culprit.
– the Problem is that Frank had a practical approach to lead the team. Unfortunately, the current management is not the same status, as Frank had. He got things done, says the briton.
Said another way, missing Frank Williams’ daughter Claire format, for it is she who has led the team in later years, as health teases the 78-year-old founder.
Frank Williams celebrates the team’s latest victory back in 2012. Photo: Josep Lago/Ritzau Scanpix
Bernie Ecclestone and Frank Williams are old friends and have driven a few in the sport since the 1970s.
– I hope it is not the end for the Williams team. It would be an era that ended, but I hope that someone can afford to run the team properly, for it will be terrible to lose such a team.
– Poor old Frank had to work so hard to ensure that the team be able to compete; it succeeded, but to see it disappear would not be good. It is a historic team, ” says Ecclestone.
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In the old Concorde agreement was also an economic bonus to Williams for the team’s historical significance.
Also in F1-the organization seeks to help. The sporting director Ross Brawn – who has been an engineer at Williams – says that ‘serious’ people look at the team at the moment.
the Team have the budget in place to run the season out, among other things thanks to the conversion of a loan of 28 million pounds, which, among other things, this involves canadian billionaire Michael Latifi, whose son Nicholas is running for Williams this season.
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