Williams back in charge after Parr exit

Jun.27 (GMM) Sir Frank Williams has revealed he is back at the helm at his famous British F1 team.

Frank Williams, Williams Team Owner

Photo by: xpb.cc

Although still the major shareholder and team principal, the now 70-year-old had taken a step back at the Oxfordshire based team, including stepping down from the board.

He had expressed great faith in the abilities of Adam Parr, but Williams' chairman surprised the F1 world by resigning early this season.

Williams told F1's official website on Wednesday that he is now back in charge.

"Well, I have to say that it is sad Adam Parr didn't achieve what we would have liked together, after all that he did," the team's founder and long-time chief said.

"So when he left it was left to me to step back into that position," added Williams, who had handed over the chairmanship to Parr in 2010.

The team suffered arguably its lowest low last year, but Williams has been back in the winner's circle in 2012, Pastor Maldonado winning from pole in Spain.

"Adam Parr - to his credit - played a significant role in his all too short time with the team," Frank Williams continued.

"I am very sad that he left as he is a terribly clever man who took on two or three key people, like Mike Coughlan for instance, and some key people in engineering, and that makes all the difference. We do see that," he said.