The Williams family is prepared to give-up control of its eponymous team in order to protect its Formula 1 future, deputy principal Claire Williams said on Friday. The announcement is a major shift for a proudly British company co-founded by Frank Williams, Claire’s father, and that won a string of world championships during a period of dominance in the 1980s and 90s. The team have won 114 races to date but have been last for the past two years. Claire Williams rejected a suggestion that any potential sale might be seen as a sign of desperation. “Williams as a family have always put our Formula 1 team first,” she told reporters in a Zoom call after annual results showed a loss of 13...
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