Discussion
Deesee said:
152 million euros, that’s a lot of team for the cash..
Wait... they will inevitably have to downsize the workforce leading to massive redundancy costs - so you add a substantial amount to that figure that the former shareholders would have been stuck paying if they hadn't sold.Plus... further investment may be needed to get the team off it's backside and ready for 2022.
vaud said:
Most will be redeployed to other motorsport or parallel industries. Smart people in engineering from a sector of rapid innovation are always in demand.
There’s talk of some of the teams getting involved in other motorsports, and that any redundancies will be voluntary, but F1 must look f
king awesome on the CV to any other potential employer - many of whom pay better than the F1 teams do. Some of the smaller teams might actually be able to recruit as the new prize money filters down. Hopefully we won’t see many redundancies, but we need to move the sport to a sustainable footing where teams don’t lose dozens of millions every year trying to keep up.
jsf said:
THe 2022 rules allow for kit cars for most parts, only the aerodynamic surfaces seem to be team designed. Pretty sad state of affairs.
Isn't that the same as now, though? IIRC the tub and aerodynamic surfaces are the only "listed" parts at present. Anything else can be bought in. Sandpit Steve said:
There’s talk of some of the teams getting involved in other motorsports, and that any redundancies will be voluntary, but F1 must look fking awesome on the CV to any other potential employer - many of whom pay better than the F1 teams do. Some of the smaller teams might actually be able to recruit as the new prize money filters down.
Hopefully we won’t see many redundancies, but we need to move the sport to a sustainable footing where teams don’t lose dozens of millions every year trying to keep up.
Ferrari to Indycar / WEC maybe...king awesome on the CV to any other potential employer - many of whom pay better than the F1 teams do. Some of the smaller teams might actually be able to recruit as the new prize money filters down. Hopefully we won’t see many redundancies, but we need to move the sport to a sustainable footing where teams don’t lose dozens of millions every year trying to keep up.
silentbrown said:
Isn't that the same as now, though? IIRC the tub and aerodynamic surfaces are the only "listed" parts at present. Anything else can be bought in.
There are far more defined parts in the 2022 rules with new types of part created including parts you have to share the design of on an FIA server.Sandpit Steve said:
vaud said:
Most will be redeployed to other motorsport or parallel industries. Smart people in engineering from a sector of rapid innovation are always in demand.
There’s talk of some of the teams getting involved in other motorsports, and that any redundancies will be voluntary, but F1 must look fking awesome on the CV to any other potential employer - many of whom pay better than the F1 teams do. Some of the smaller teams might actually be able to recruit as the new prize money filters down. Hopefully we won’t see many redundancies, but we need to move the sport to a sustainable footing where teams don’t lose dozens of millions every year trying to keep up.
Genuinely don't understand why they couldn't just bring in a form of customer teams. New team comes in, give them a specific amount of years before they can develop their own car. I'm sure this was the promise at the beginning of 2010 when HRT, Caterham and Marussia came in but the budget cap wasn't in place. Now we've got the budget cap but no sodding customers!
NGK210 said:
Decline has nothing to do with Claire W’s reign, but everything to do with the sins / arrogance of the father.
Motorsport has a weird habit of dishing out karma, especially when a team is very arrogant during the good times:
Shafted long-term sponsor Canon
Shafted long-term sponsor RJ Reynolds
Shafted Nigel Mansell
Shafted Alain Prost
Shafted Damon Hill
Shafted Adrian Newey
It’s now known in paddock circles as ‘The Williams Curse’ – why do you think Toto Wolff bends over backwards to be Herr Firm-but-fair?
Other victims of this karma-type include Ron Dennis and in turn McLaren, Michael Schumacher, Honda (ironically, for shafting Williams), Lotus, and Jack Sparrow.
A recent recipient of motorsport’s ‘black spot’ is Red Bull’s Christian Horner...‘Tis all true, that it be.
Interesting... ...what are the 'back stories' associated with the way the Williams team treated Canon and RJ Reynolds?Motorsport has a weird habit of dishing out karma, especially when a team is very arrogant during the good times:
Shafted long-term sponsor Canon
Shafted long-term sponsor RJ Reynolds
Shafted Nigel Mansell
Shafted Alain Prost
Shafted Damon Hill
Shafted Adrian Newey
It’s now known in paddock circles as ‘The Williams Curse’ – why do you think Toto Wolff bends over backwards to be Herr Firm-but-fair?
Other victims of this karma-type include Ron Dennis and in turn McLaren, Michael Schumacher, Honda (ironically, for shafting Williams), Lotus, and Jack Sparrow.
A recent recipient of motorsport’s ‘black spot’ is Red Bull’s Christian Horner...‘Tis all true, that it be.
Sandpit Steve said:
Exactly, one of the key points of the new financial structures in F1 is that teams will be able to turn a profit, and therefore have a value to investors.
Great news today that the Williams name will continue on in F1, hopefully for many more years to come.
frpm the new owners websiteGreat news today that the Williams name will continue on in F1, hopefully for many more years to come.
Williams Grand Prix Engineering Limited, currently racing as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by Sir Frank Williams and Sir Patrick Head in 1977. Williams has won 9 Constructors’ Championships and 7 Drivers’ Championships since its founding.
They obviously have a plan...
oilit said:
frpm the new owners website
Williams Grand Prix Engineering Limited, currently racing as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by Sir Frank Williams and Sir Patrick Head in 1977. Williams has won 9 Constructors’ Championships and 7 Drivers’ Championships since its founding.
They obviously have a plan...
Or they acknowledge that they race under a different company name.Williams Grand Prix Engineering Limited, currently racing as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by Sir Frank Williams and Sir Patrick Head in 1977. Williams has won 9 Constructors’ Championships and 7 Drivers’ Championships since its founding.
They obviously have a plan...
LaurasOtherHalf said:
oilit said:
frpm the new owners website
Williams Grand Prix Engineering Limited, currently racing as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by Sir Frank Williams and Sir Patrick Head in 1977. Williams has won 9 Constructors’ Championships and 7 Drivers’ Championships since its founding.
They obviously have a plan...
Or they acknowledge that they race under a different company name.Williams Grand Prix Engineering Limited, currently racing as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by Sir Frank Williams and Sir Patrick Head in 1977. Williams has won 9 Constructors’ Championships and 7 Drivers’ Championships since its founding.
They obviously have a plan...
I'm sure there is a plan for a new title sponsor but I doubt it'll be Claire that's reeled them in.
Piginapoke said:
Fortitude said:
Interesting... ...what are the 'back stories' associated with the way the Williams team treated Canon and RJ Reynolds?
They dumped them for the Rothmans money LOT of angst by some of Williams F1 followers, on the Williams Supporters website, which is quite understandable...
https://www.f1network.net/boards/read/s107.htm?110...
Fortitude said:
Piginapoke said:
Fortitude said:
Interesting... ...what are the 'back stories' associated with the way the Williams team treated Canon and RJ Reynolds?
They dumped them for the Rothmans money The whole rant is hilarious guff.
DanielSan said:
I never get this, all it is now is just a name. It's relevance in the sport disappears the moment the team is no longer owned by Frank Williams, it's no different to someone bringing a new entry into the sport now called Brabham and saying at least the name Iives on.
Brabham did pretty well after Ron Tauranac sold it to Bernie. As did McLaren after it was merged with Ron Dennis's Project Four. carl_w said:
DanielSan said:
I never get this, all it is now is just a name. It's relevance in the sport disappears the moment the team is no longer owned by Frank Williams, it's no different to someone bringing a new entry into the sport now called Brabham and saying at least the name Iives on.
Brabham did pretty well after Ron Tauranac sold it to Bernie. As did McLaren after it was merged with Ron Dennis's Project Four. I think that given Williams bleak outlook for the past several years - and with no happy ending scenario in sight, it's likely that some of their talent has departed. It would be weird if that wasn't the case..
On the more positive side however, things can change very rapidly. If the new guys were to jump in to bed with, say, Mercedes, then the team could be given an enormous leg up in terms of performance potential.
TheDeuce said:
It's people that make a team, so it all comes down to how good the team is at attracting and retaining talent. We only hear about the changes of certain key personnel withing the teams, but there are heads of each department that each contribute to the teams overall performance and of course dozens of talented people beneath each of those.
I think that given Williams bleak outlook for the past several years - and with no happy ending scenario in sight, it's likely that some of their talent has departed. It would be weird if that wasn't the case..
On the more positive side however, things can change very rapidly. If the new guys were to jump in to bed with, say, Mercedes, then the team could be given an enormous leg up in terms of performance potential.
Sauber's sale to Longbow Finance shows how quickly things can change.I think that given Williams bleak outlook for the past several years - and with no happy ending scenario in sight, it's likely that some of their talent has departed. It would be weird if that wasn't the case..
On the more positive side however, things can change very rapidly. If the new guys were to jump in to bed with, say, Mercedes, then the team could be given an enormous leg up in terms of performance potential.
and Enstone's sale to Genii shows how wrong it can go!
Edited by Piginapoke on Saturday 22 August 10:47
pistonheadforum said:
Anybody else think this is being funded by Bernie in the background?
He has pots of cash and why would he not look after a team who have been in it for a long time?
Good on him I say if it's the case.
BCE enterprises (or whatever it was) is a suspiciously odd giveaway or a 17 thousand to one chance, I suppose it's very like him to dangle a suggestion and expect people to hang on in suspense rather than confirming something. He's a loopy old bHe has pots of cash and why would he not look after a team who have been in it for a long time?
Good on him I say if it's the case.
d to be getting back in these days no, especially when he can't stack the deck in his favour as easily as the past?oilit said:
frpm the new owners website
Williams Grand Prix Engineering Limited, currently racing as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by Sir Frank Williams and Sir Patrick Head in 1977. Williams has won 9 Constructors’ Championships and 7 Drivers’ Championships since its founding.
They obviously have a plan...
Is their plan simply to copy chunks of text from the Williams team's Wikipedia page?Williams Grand Prix Engineering Limited, currently racing as Williams Racing, is a British Formula One motor racing team and constructor. It was founded by Sir Frank Williams and Sir Patrick Head in 1977. Williams has won 9 Constructors’ Championships and 7 Drivers’ Championships since its founding.
They obviously have a plan...
In the last ten years they've raced as AT&T Willliams, Williams F1 Team, Williams Martini Racing, ROKiT Williams Racing, and this year as Williams Racing.
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