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Williams sale process not a sign of desperation
Claire Williams has said the team triggering a formal sale process is not a sign of desperation and is the 'right and prudent' thing to do. Williams Grand Prix Holdings Ltd has announced on Friday the commencement of a formal sale process which could include the sale of the whole company. But Claire Williams wanted to ease any immediate fears about the team's future in the sport and said it was the right move to help protect the team and its staff. 'It’s obviously very early days and all options are available to us,' Williams said, as quoted by RaceFans.net. 'Whether that be purely a capital investment or a divestment of a minority or majority stake or a full sale of the company, all...
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4y ago from PlanetF1.com
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