Formula 1
Formula 1
28 Mar
Event finished
R
Emilia Romagna GP
18 Apr
FP1 in
4 days
R
Portuguese GP
02 May
Race in
20 days
09 May
Next event in
24 days
23 May
Race in
41 days
R
Azerbaijan GP
06 Jun
Race in
55 days
13 Jun
Race in
63 days
27 Jun
Race in
76 days
04 Jul
Next event in
80 days
18 Jul
Race in
97 days
R
Hungarian GP
01 Aug
Race in
111 days
29 Aug
Race in
139 days
05 Sep
Race in
146 days
26 Sep
Race in
167 days
R
Singapore GP
03 Oct
Next event in
171 days
10 Oct
Race in
181 days
R
United States GP
24 Oct
Race in
196 days
31 Oct
Race in
203 days
R
Australian GP
21 Nov
Race in
223 days
R
Abu Dhabi GP
12 Dec
Race in
244 days

New Williams owners conducting “full review” - Russell

George Russell says that the new owners of the Williams Formula 1 team are conducting a “full review” of the business, but is confident that its culture will not change.

New Williams owners conducting “full review” - Russell

Russell also admitted that it was “slightly nervy time” before the team’s future was secured.

Last week Williams announced that the company had been sold to US investment firm Dorilton Capital, although few details have been forthcoming other than the fact that the team’s name will not change.

Mercedes protege Russell is committed to staying with the Grove outfit until the end of 2021.

“I spoke with Matthew Savage this morning, who’s the chairman of the company,” said Russell. “At the moment, they're in a full review of what changes need to be made, who will be forming the management side of the company.

“It’s very positive news for Williams as a whole and everybody who works for the team and for both of us as drivers.

“Obviously a slightly nervy time previously, and I’m very pleased to see that the team is stable moving forward, and has got a great company behind to help put Williams back to where they belong, which is definitely higher up the grid."

Asked if he’d like to see the Williams family remain involved, he said: “The Williams family has been a huge part of F1. I think the most important thing with this change of ownership is the name and that side of things will be continuing, which is very important, obviously.

“The Williams family would not have sold to somebody who they didn't believe would be beneficial for the team moving forward. 

“The culture will not be changing from a historic side. Keeping the name of the team is very important as well for us drivers and the people back at base.”

Read Also:

Russell believes that the new F1 rules that are coming in 2022 could present an opportunity for Williams.

“I think firstly, F1 is an incredibly complex sport. And as you see historically things don't change drastically very, very quickly. I think 2022 is a great new opportunity for all the teams to start from a new basis." 

Russell’s teammate Nicholas Latifi, whose father Michael provided a loan that helped to get Williams through this year’s financial squeeze, is also upbeat about the new owners.

“Overall, I think it's a very positive step for Williams,” said the Canadian. “I think it's secured the future and stability of the team, which is first and foremost the most important thing. 

“I think in the coming days, weeks, months, they're going to be evaluating everything, like any company would when they're acquiring a new company, and see where the investment needs to be diverted to. I think overall, it can only be positive.”

Regarding the future team management, he said: “I think the DNA of the team has always been a family-run team, I'm sure that side of things will not change, which is again, part of what makes Williams Williams. Beyond that, what happens, again I think it's still far too early to comment or speculate on anything.

“Of course, as far as I've been with the team I've been really enjoying that side of things, the team environment, and the culture that's been cultivated here over so many years. So I would hope that that would stay.”

shares
comments

Related video

Perez not talking to rival Formula 1 teams

Previous article

Perez not talking to rival Formula 1 teams

Next article

F1 teams to trial new low-downforce wings at Spa

F1 teams to trial new low-downforce wings at Spa
Load comments

About this article

Series Formula 1
Drivers George Russell
Teams Williams
Author Adam Cooper
The delay that quashed Aston Martin’s last F1 venture Prime

The delay that quashed Aston Martin’s last F1 venture

Aston Martin’s only previous foray into Formula 1 in the late 1950s was a short-lived and unsuccessful affair. But it could have been so different, says Nigel Roebuck.

Formula 1
Apr 10, 2021
Verstappen exclusive: Why lack of titles won't hurt Red Bull's ace Prime

Verstappen exclusive: Why lack of titles won't hurt Red Bull's ace

Max Verstappen’s star quality in Formula 1 is clear. Now equipped with a Red Bull car that is, right now, the world title favourite and the experience to support his talent, could 2021 be the Dutchman’s year to topple the dominant force of Lewis Hamilton and Mercedes?

Formula 1
Apr 9, 2021
Is Formula 1 as good as it has ever been now? Prime

Is Formula 1 as good as it has ever been now?

For many, many years Formula 1 has strived to do and to be better on all fronts. With close competition, a growing fanbase, a stable political landscape and rules in place to encourage sustainability, 2021 is on course to provide an unexpected peak

Formula 1
Apr 8, 2021
How Williams’ new structure adheres to a growing F1 trend Prime

How Williams’ new structure adheres to a growing F1 trend

Williams held out against the tide for many years but, as MARK GALLAGHER explains, the age of the owner-manager is long gone

Formula 1
Apr 6, 2021
When a journeyman driver's F1 career lasted just 800m Prime

When a journeyman driver's F1 career lasted just 800m

Nikita Mazepin’s Formula 1 debut at the Bahrain Grand Prix lasted mere corners before he wiped himself out in a shunt, but his financial backing affords him a full season. Back in 1993 though, Marco Apicella was an F1 driver for just 800m before a first corner fracas ended his career. Here’s the story of his very short time at motorsport’s pinnacle.

Formula 1
Apr 4, 2021
How Raikkonen's rapid rise stalled his teammate's F1 career climb Prime

How Raikkonen's rapid rise stalled his teammate's F1 career climb

Kimi Raikkonen's emergence as a Formula 1 star in his rookie campaign remains one of the legendary storylines from 2001, but his exploits had an unwanted impact on his Sauber teammate's own prospects. Twenty years on from his first F1 podium at the Brazilian GP, here's how Nick Heidfeld's career was chilled by the Iceman.

Formula 1
Apr 3, 2021
The nightmare timing that now hinders Mercedes Prime

The nightmare timing that now hinders Mercedes

Mercedes and Lewis Hamilton took victory at the Bahrain Grand Prix despite, for a change, not having the quickest car. But any hopes of developing its W12 to surpass Red Bull's RB16B in terms of outright speed could not have come at a worse time.

Formula 1
Apr 2, 2021
How Verstappen's Bahrain mistake can only make him stronger Prime

How Verstappen's Bahrain mistake can only make him stronger

Max Verstappen lost out to Lewis Hamilton at the Bahrain Grand Prix by a tiny margin, slipping off the track just as victory was within his grasp. But the painful lesson from defeat can only help Verstappen come back even stronger

Formula 1
Mar 31, 2021