Formula 1

Why a new era for Williams could beckon success | F1

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In four decades as a Formula 1 constructor, the Williams family had controlled the team that bears its name. In that time, founders Frank Williams and Patrick Head oversaw seven drivers’ titles, nine constructors’ championships, and 114 wins.

But the team’s 43rd season as an F1 constructor will go down as unique in its long, illustrious history – 2020 was the year the Williams family exited F1.

In April, the team announced that it had secured future resources by refinancing its corporate borrowings with loans and the funds from selling its Williams Advanced Engineering division the previous December. But seven weeks later, the news dropped that it had split with its title sponsor and that the partial or full sale of the squad was being considered.

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