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With New Owner, Williams Hopes for a New Start in Formula 1
https://www.nytimes.com/2020/12/11/sports/autoracing/williams-F1-new-owner.html#:~:text=On%20Aug.%2021%2C%20Williams%20said%20it%20had%20been,on%20Sept.%206%20at%20the%20Italian%20Grand%20Prix.
Here’s How Much Williams F1 Was Sold for
https://www.essentiallysports.com/f1-news-heres-how-much-williams-f1-was-sold-for-following-private-firm-acquisition/
Therefore, it seems the new owners have a long way ahead of them. The Dorilton group reportedly acquired Williams for €152m (£136m, $179.5m). However, considering the budget of some F1 teams, the fee paid was nominal in the greater scheme of things. According to the stock exchange summary, Williams was sold for €152m (£136m, $179.5m) #F1
Williams F1 racing team sold to US-based investment …
https://news.sky.com/story/williams-f1-racing-team-sold-to-us-based-investment-firm-dorilton-capital-12053765
Why you can trust Sky News Former Formula One champions Williams have been bought by US-based investment firm Dorilton Capital in a €152m (£136.5m) deal that marked the end of an era for the struggling family-owned team. They will continue to race under the Williams name and remain at their base at Grove in Oxfordshire.
Williams F1 sold to US investment company Dorilton Capital
https://www.theguardian.com/sport/2020/aug/21/williams-f1-sold-to-us-investment-company-dorilton-capital
Last modified on Fri 21 Aug 2020 12.03 EDT. The Williams Formula One racing team has been sold to US investment firm Dorilton Capital, after 43 years as a family-owned outfit. The company has ...
New York Investment Firm Dorilton Capital Buys Williams …
https://www.autoweek.com/racing/formula-1/a33750608/new-york-investment-firm-dorilton-capital-buys-williams-f1-team/
According to Forbes, Williams lost $17 million (13 million pounds) in 2019. Bloomberg reported over the weekend that the sale price was approximately $200 million (152 million pounds). Williams...
Williams’ sale – what has happened, and what now?
https://www.motorsportweek.com/2020/08/21/williams-sale-what-has-happened-and-what-now/
Under terms of the sale WGPE has been valued at €152m ($179m), a figure that will reduce to €112m ($132m) after the repayment of third-party indebtedness and transaction expenses, thought to relate to the aforementioned loan arrangement.
Legendary Williams Formula One Team Sells Out To US …
https://www.forbes.com/sites/michaeltaylor/2020/08/21/legendary-williams-formula-one-team-sells-out-to-us-investment-firm-dorilton-capital/
The legendary Williams Racing Formula One team has been sold to US investment firm Dorilton Capital for an undisclosed sum. Williams has been struggling financially for some time, falling to the...
F1 Williams team sold to U.S. investment firm Dorilton …
https://motorsports.nbcsports.com/2020/08/21/f1-team-williams-sold-dorilton-capital-american-investment-firm/
GROVE, England — The F1 Williams team has been sold to an American-based investment firm after being put up for sale in May, the British team said Friday. The team will continue to race under ...
Williams Racing Sold To Investment Group - SPEED SPORT
https://www.speedsport.com/other-series/formula-one/williams-racing-sold-to-investment-group/
Staff Report August 21, 2020. GROVE, United Kingdom – One of Formula One’s most successful race teams officially has new owners. Officials from Williams Racing announced on Friday that Dorilton Capital, a U.S.-based investment firm, has acquired the team. The transaction received the unanimous support of the Board of Williams, including Sir ...
After 40 years in F1, Williams family to leave racing, …
https://nationalpost.com/news/after-40-years-in-f1-williams-family-leaves-racing-sells-the-team-to-u-s-firm
After 40 years in F1, Williams family to leave racing, selling the team to U.S. firm . The company last won a championship title when Canadian Jacques Villeneuve drove the Williams FW19 car in 1997 .
The Real Reason The Williams Team 'Will Close' If F1 …
https://www.forbes.com/sites/csylt/2018/04/29/the-real-reason-the-williams-f1-team-will-close-if-it-doesnt-get-a-budget-cap/
F1’s new owner Liberty Media has said it wants to correct this imbalance by limiting team budgets to $150 million, which is close to Williams’ F1 spending of around $175 million last year. Williams...
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