Williams have announced they have opened a formal sale process, in light of their most recent Group financial results. The Williams Formula 1 team has commenced formal sale proceedings, as part of a review of the options open to them as a new strategic direction. This is in light of the Williams Group (Williams Grand Prix Holdings or WGPH) suffering a further shrinking of finances in 2019. The team have also announced that their title sponsorship, signed with ROKiT prior to the start of 2019, has been terminated. Williams are doing their utmost to survive as an independent entity in order to get to the new budget cap rules being introduced to Formula 1 in 2021, which will see a spending...
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