Williams: "The parameters have not changed"

11-07-2020 11:30
by Joseph Tyrrell
Williams: The parameters have not changed

During the extended off-season, Williams revealed they were looking for investment into the team or even a sale of the Formula 1 team. Claire Williams has emphasised how happy with how this process has gone so far.

The coronavirus pandemic has hit Williams hard and it was recently revealed they are looking to sell the team in some capacity. Claire Williams explained that all options are still on the table which includes a full sale.

Nicholas Latifi's father could be a potential buyer with the Canadian billionaire already investing heavily in the constructor which has led to his brands being visible on the car and his son in a Formula 1 seat.

"We are very happy with how the process has gone so far," Williams explains as quoted by Formel1.de.

"We are currently going through this process. And we're still on that schedule right now.

"The parameters have not changed. We are looking to either invest in the team, sell a minority or majority stake, or sell the entire company."

"The options are available to us and it will be the board's decision which is the best option to put on the table."

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