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Williams ‘have funding through to 2021'
Williams have enough money to complete the 2020 Formula 1 season and go through into next year despite being up for sale, according to Forbes. Following the global health pandemic that has delayed the start of F1 action, which begins with the Austrian Grand Prix on July 5, Williams announced last month they had commenced a 'formal sale process' and are considering the 'sale of the whole company'. Forbes have reported that a source close to negotiations regarding the proposed sale has told them the timeframe for a sale is “three to four months” and that the team are “already starting to see a number of quality options develop”. In terms of cashflow, Forbes say “two significant...
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4y ago from PlanetF1.com
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