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Latifi ‘in pole position' to buy Williams F1 team
Michael Latifi, who has already loaned Williams millions, is reportedly in ‘pole position' to buy the beleaguered Formula 1 team. Last month Williams announced it had commenced a formal sale process as well as the departure of title sponsor ROKiT. The announcement came in the wake of back-to-back seasons with Williams bottom of the log, a massive blow to the team's finances. At a time when the team is struggling, Williams hasn't been helped by Formula 1's extended hiatus which is costing the teams millions for each race missed. ‘Whilst no decisions have been made regarding the optimal outcome yet, to facilitate discussions with interested parties, the Company announces the...
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4y ago from PlanetF1.com
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