Formula 1
Formula 1
28 Mar
FP1 in
28 days
R
Emilia Romagna GP
18 Apr
Race in
51 days
09 May
Next event in
69 days
23 May
Race in
86 days
R
Azerbaijan GP
06 Jun
Race in
100 days
13 Jun
Race in
108 days
27 Jun
Race in
121 days
04 Jul
Next event in
125 days
18 Jul
Race in
142 days
R
Hungarian GP
01 Aug
Race in
156 days
29 Aug
Race in
184 days
05 Sep
Race in
191 days
12 Sep
Race in
198 days
26 Sep
Race in
212 days
R
Singapore GP
03 Oct
Next event in
216 days
10 Oct
Race in
226 days
R
United States GP
24 Oct
Race in
241 days
31 Oct
Race in
248 days
R
Australian GP
21 Nov
Race in
268 days
R
Saudi Arabia GP
05 Dec
Race in
283 days
R
Abu Dhabi GP
12 Dec
Race in
289 days

Williams to benefit from Dorilton's risk-taking mindset

Acting Williams Formula 1 team principal Simon Roberts says the team can benefit from the competitive mindset that Dorilton Capital has put to use in risk-taking financial markets.

shares
comments
Williams to benefit from Dorilton's risk-taking mindset

Roberts says that Dorilton’s understanding of strategy and risk taking in other fields can be applied to the team as it seeks to improve its competitiveness.

Roberts joined as managing director in May, and he took over his current role after the departure of the Williams family last week, which followed the confirmation of the sale to Dorilton. He previously worked at McLaren for many years, and also had a spell at Force India.

“They've been around in the factory for just over a couple of weeks now,” said Roberts of the new owners.

“So I've spent quite a bit of time with them. And we're looking at all of it, we're reviewing everything, they're really interested in what we do. This is all new to them, which is great.

“There are quite a lot of similarities, which I hadn't appreciated until I talked to them about the competitiveness in the financial world - which I don't really understand!

“But there's a lot of translation in thinking, and strategy and risk and stuff like that, all the things that we think we're great at in F1, they have quite an insight into. So there's quite a lot of synergy there.”

Read Also:

Asked about Dorilton’s knowledge of the sport, he said: “All sorts of people buy and run F1 teams, I think this is yet another approach.

"If you look at their other companies that they own, they have a portfolio of companies, they are very successful, all long-term projects. And that's how they're talking to us. And that's what they expect from us.

“So they're there to help, support, guide. But they want us to run the team, they want us to do what we know how to do. We know how to design great racing cars, we know how to race great racing cars. Some of the stuff around it we can take a whole lot of help and support. and that's where it all comes together really, really well.”

Roberts stressed that the process of deciding how to take the team forward is only just getting underway.

“It's early days,” he said. "We're looking at what do we need to do, and what's the sequence? We're soon into the 2021 cost cap, so we've got to be careful. Obviously, we operate under the cost cap. So we've got a bit more flexibility than other teams. But we just want to do the right things.

“And they're talking really seriously about how this is long term, this isn't a quick fix. Don't just come in and wave a magic wand around today. They're really keen on working with us and, and establishing what are the right things to do. So very early days, we're just putting the first plans in place.

“Everyone wants us to get back where we should be, which is easy to say, but obviously, quite a challenge. But when I look around there's no single thing wrong. 

"There's no silver bullet in any of this stuff. You’ve just got to just go work through in detail.”

Related video

McLaren: No early driver swap while rivals face "disruption"

Previous article

McLaren: No early driver swap while rivals face "disruption"

Next article

Ferrari planning "small upgrades" for Russian GP

Ferrari planning "small upgrades" for Russian GP
Load comments

About this article

Series Formula 1
Author Adam Cooper
The pros and cons of F1's 2021 rule changes Prime

The pros and cons of F1's 2021 rule changes

In the strategy for grand prix racing's future, 2021 represents a significant step towards the goal of closer racing and a more level playing field. That's the theory behind the latest raft of changes, but will they have the desired effect?

What Red Bull is trying to hide with its RB16B launch Prime

What Red Bull is trying to hide with its RB16B launch

Red Bull made no secret of the fact its 2021 F1 car is an evolution of its predecessor, but in keeping the same foundations while hiding some tightly-guarded updates with its RB16B, the team aims to avoid suffering the same pitfalls of previous years

Formula 1
Feb 23, 2021
How Albon plans to fight his way out of Red Bull limbo Prime

How Albon plans to fight his way out of Red Bull limbo

Alex Albon has faced the media for the first time since he lost his Red Bull drive at the end of 2020 and dropped out of a Formula 1 race seat altogether. He has a history of bouncing back from setbacks, so here's what he must do to rise again

Formula 1
Feb 23, 2021
Ranked! Carlin's greatest F1 graduates Prime

Ranked! Carlin's greatest F1 graduates

Carlin has helped guide enough drivers to Formula 1 to fill out an entire grid, plus a handful of reserves, to create a remarkable alumni list. With Yuki Tsunoda set to join that group, Motorsport.com has ranked its graduates to grace the grand prix scene...

Formula 1
Feb 22, 2021
Why Alfa's 2021 launch says more about its 2022 plans Prime

Why Alfa's 2021 launch says more about its 2022 plans

Alfa Romeo launched its C41 with a revised front nose, but there's little to suggest it will surge up the leaderboard in 2021. As the team frankly admits, it's putting its eggs in the basket labelled 2022 and hoping to hold the eighth place it earned last year

Formula 1
Feb 22, 2021
Why Gasly’s AlphaTauri haven is a blessing and a curse Prime

Why Gasly’s AlphaTauri haven is a blessing and a curse

Red Bull opted not to re-sign Pierre Gasly even before it decided to drop Alex Albon and so the Frenchman's Formula 1 journey will continue at AlphaTauri. This has positive and negative connotations for one of last season's star performers.

Formula 1
Feb 20, 2021
Eight things Red Bull must do to beat Mercedes in 2021 Prime

Eight things Red Bull must do to beat Mercedes in 2021

After seven years of defeat at the hands of Mercedes, Red Bull is as hungry as ever to secure a fifth world championship. But there are key challenges it must overcome in 2021 to switch from challenger to conqueror

Formula 1
Feb 19, 2021
How AlphaTauri has adapted to F1's new rules Prime

How AlphaTauri has adapted to F1's new rules

AlphaTauri launched its AT02, complete with a new livery, as it bids to home in on an already-tight midfield battle. Although there were few outright new parts displayed on the launch render, there might be a few clues into further changes down the line…

Formula 1
Feb 19, 2021