News Formal

Williams F1 sold to US investment company Dorilton Capital

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Racing team has been under financial pressure due to heavy losses and Covid-19 pandemic

The Williams Formula One racing team has been sold to US investment firm Dorilton Capital, after 43 years as a family-owned outfit.opting to put itself up for sale in May“This is the end of an era for Williams as a family-owned team, but we know it is in good hands,” said deputy team principal Claire Williams, the daughter of Sir Frank Williams, who founded the team in 1977 and is still team principal at 78. “It ensures the team’s survival, but importantly provides a path to success.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Sad news, a great team

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 84. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Coronavirus: Apple market value tops $2trn for the first timeApple has seen its market value hit $2trn for the first time as shares in US tech companies enjoy a surge in popularity during the coronavirus pandemic
La source: SkyNews - 🏆 35. / 67 Lire la suite »