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%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sad news, a great team

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: SkyNews - 🏆 35. / 67 Read more »