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Williams F1 team acquired by Dorilton Capital
The Williams Formula One team have been acquired by US-based investment firm Dorilton Capital after being put up for sale in May. The deal is expected to secure the team's long-term future. The Williams team announced in May that it recorded losses in last season. The company launched a strategic review to seek for stability for the outfit’s long-term future. A number of options had been considered including selling a part or team or even the entire outfit. After signing up for the new Concorde Agreement, Williams Racing has now announced that it has sold the team to Dorilton Capital. The team is sure that „this marks the beginning of an exciting new era in the history of Williams....
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4y ago from F1Technical.net
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