Williams F1

Williams F1

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TheDeuce

5,468 posts

21 months

Petrus1983 said:
Smollet said:
Iirc they morphed into something rather good so probably quite a good omen.
Tyrell to BAR then to Honda Racing F1, then to Brawn GP and ended up as this little outfit called Mercedes GP.
Could easily happen to Williams too. But it does require the Williams team no longer being owned by the Williams family. Which probably should have happened around the time Claire stepped up..

thegreenhell

6,957 posts

174 months

Petrus1983 said:
Smollet said:
Iirc they morphed into something rather good so probably quite a good omen.
Tyrell to BAR then to Honda Racing F1, then to Brawn GP and ended up as this little outfit called Mercedes GP.
The bad news for Williams in that scenario would be that Tyrell effectively wound themselves up, leaving BAR to buy just a peiece of paper with the company number and FIA entry on it.

TheDeuce

5,468 posts

21 months

thegreenhell said:
Petrus1983 said:
Smollet said:
Iirc they morphed into something rather good so probably quite a good omen.
Tyrell to BAR then to Honda Racing F1, then to Brawn GP and ended up as this little outfit called Mercedes GP.
The bad news for Williams in that scenario would be that Tyrell effectively wound themselves up, leaving BAR to buy just a peiece of paper with the company number and FIA entry on it.
Can't see Williams having any significant asset value after all the selling and remortgaging. Sponsor good will is a little thin on the ground too. I would have said a couple of years ago that they have the human asset of a race team that have achieved some excellent results with less than grand budgets in the past... But how much of that talent remains today after these years of 'meh' - 'awful' performance? How many have buggered off for pastures new? And how many more will be looking to leave now the writing is on the wall?

Token £1 sale?

sgtBerbatov

2,061 posts

36 months

Tuesday
quotequote all
Motor Sport magazine have a podcast, and Patrick Head is the most recent one on there.

Very, very interesting guy. And his views on Williams F1 today is quite interesting really.

thegreenhell

6,957 posts

174 months

Tuesday
quotequote all
Also spotted on Motorsport magazine this week... https://www.motorsportmagazine.com/articles/single...

“We’re planning to drop anchor at Williams and earn all of our success with Williams."

“I think that Claire [Williams] is determined to restore Williams to its former glory. When we combine forces together, we can conquer the world.”

TheDeuce

5,468 posts

21 months

Tuesday
quotequote all
thegreenhell said:
Also spotted on Motorsport magazine this week... https://www.motorsportmagazine.com/articles/single...

“We’re planning to drop anchor at Williams and earn all of our success with Williams."

“I think that Claire [Williams] is determined to restore Williams to its former glory. When we combine forces together, we can conquer the world.”
For a team that’s actively looking for funding and contemplating a sale, the arrival of Adams might seem to be the answer that it has been praying for. However, he recently told Motor Sport that he was not looking to invest at the moment.

... a little investment might help with the world conquering ambitions wink

Fundoreen

1,494 posts

38 months

Tuesday
quotequote all
Williams are a tremendous asset for anyone to buy into going forward.
Think of Mclaren. They had no real success in F1 under Bruce Mclaren but following his loss they kept the name
and later won titles with the mclaren name.
Williams have shed load of titles won by Williams himself and I think are the 3rd most successful team ever in F1.
Anyone buying in will keep that name as otherwise how can you reference your history?
I would think the family will have some percentage of a stake in the team in any future even if its a minority stake.
Only the most narcassistic of billionares would change the name to their own obscure moniker.



TheDeuce

5,468 posts

21 months

Tuesday
quotequote all
Fundoreen said:
Williams are a tremendous asset for anyone to buy into going forward.
Think of Mclaren. They had no real success in F1 under Bruce Mclaren but following his loss they kept the name
and later won titles with the mclaren name.
Williams have shed load of titles won by Williams himself and I think are the 3rd most successful team ever in F1.
Anyone buying in will keep that name as otherwise how can you reference your history?
I would think the family will have some percentage of a stake in the team in any future even if its a minority stake.
Only the most narcassistic of billionares would change the name to their own obscure moniker.
Sure there is potential value for a new majority owner to keep the name and the history. But it would take a big initial and then continued stream of investment to get the team back up towards the top and maintain that performance for long enough to get serious big money sponsors back.

Given the financial commitment a new majority owner would be taking on, the value they would actually buy that majority stake for would likely be very low, if anything (depending on current financials). Many teams have changed hands that way.

jsf

17,017 posts

191 months

Tuesday
quotequote all
Fundoreen said:
Think of Mclaren. They had no real success in F1 under Bruce Mclaren but following his loss they kept the name
and later won titles with the mclaren name.
The money was in sportscars in the 60's and that is where Bruce and the team concentrated their efforts as they built the company from scratch. They completely dominated the high paying CanAm sportscar championship before Bruce was killed, the team then put more effort into an F1 biased program and won quickly. If you buy the official McLaren wins book, you will see how they put most effort into sportscar racing initially.

Fundoreen

1,494 posts

38 months

Tuesday
quotequote all
jsf said:
Fundoreen said:
Think of Mclaren. They had no real success in F1 under Bruce Mclaren but following his loss they kept the name
and later won titles with the mclaren name.
The money was in sportscars in the 60's and that is where Bruce and the team concentrated their efforts as they built the company from scratch. They completely dominated the high paying CanAm sportscar championship before Bruce was killed, the team then put more effort into an F1 biased program and won quickly. If you buy the official McLaren wins book, you will see how they put most effort into sportscar racing initially.
Thanks,I did actually watch the film about Mclaren a few years ago. That series was just something usa based and being as f1 was not as big as it is now would look equal to F1 then.
They didnt change the name to RonDen f1 or anything later though. Rons probably gutted as Brawn F1 did it all in its one and only year.

carl_w

6,429 posts

213 months

Tuesday
quotequote all
Fundoreen said:
Williams are a tremendous asset for anyone to buy into going forward.
Think of Mclaren. They had no real success in F1 under Bruce Mclaren but following his loss they kept the name
and later won titles with the mclaren name.
Williams have shed load of titles won by Williams himself and I think are the 3rd most successful team ever in F1.
Anyone buying in will keep that name as otherwise how can you reference your history?
Tyrrell, Lotus and Brabham were all successful teams.

jsf

17,017 posts

191 months

Tuesday
quotequote all
Fundoreen said:
jsf said:
Fundoreen said:
Think of Mclaren. They had no real success in F1 under Bruce Mclaren but following his loss they kept the name
and later won titles with the mclaren name.
The money was in sportscars in the 60's and that is where Bruce and the team concentrated their efforts as they built the company from scratch. They completely dominated the high paying CanAm sportscar championship before Bruce was killed, the team then put more effort into an F1 biased program and won quickly. If you buy the official McLaren wins book, you will see how they put most effort into sportscar racing initially.
Thanks,I did actually watch the film about Mclaren a few years ago. That series was just something usa based and being as f1 was not as big as it is now would look equal to F1 then.
They didnt change the name to RonDen f1 or anything later though. Rons probably gutted as Brawn F1 did it all in its one and only year.
CanAm was Canada and America (USA) based, hence the name, the prize money was bigger than F1 and the cars were faster than F1.

It wasn't until 14th October 1980 that Ron Dennis had any involvement with McLaren, before then the team had already won two F1 world championships with Fittipaldi and Hunt and also won the Indy 500 twice.

When McLaren and Project Four merged to form McLaren International the deal had Teddy Mayer and Tyler Alexander of the original McLaren team with 50%, Ron Dennis 29%, Creighton Brown 12% and John Barnard 9%.

jsf

17,017 posts

191 months

Tuesday
quotequote all
carl_w said:
Tyrrell, Lotus and Brabham were all successful teams.
The Williams team name is Williams Grand Prix Engineering, a company setup by Frank and Patrick Head.

Prior to WGPE, Frank ran a team called Williams Racing, he was always running on a shoestring budget and struggling to stay afloat. The last car he ran as a Williams Racing entrant was the FW05 in 1976, which was a lightly modified 1975 Hesketh 308C, he bought the two defunct team cars with a partner Walter Wolf, they built a 3rd car which was a copy of the Hesketh. Walter put the money up for the season with Frank managing the team until Walter fired him.

It was then that WGPE was formed, their first car was a March 761 which Patrick did some mods on to stiffen the chassis, they then built the FW06 which wasn't anything special, then came the very successful FW07 series.

Fundoreen

1,494 posts

38 months

Wednesday
quotequote all
jsf said:
Fundoreen said:
jsf said:
Fundoreen said:
Think of Mclaren. They had no real success in F1 under Bruce Mclaren but following his loss they kept the name
and later won titles with the mclaren name.
The money was in sportscars in the 60's and that is where Bruce and the team concentrated their efforts as they built the company from scratch. They completely dominated the high paying CanAm sportscar championship before Bruce was killed, the team then put more effort into an F1 biased program and won quickly. If you buy the official McLaren wins book, you will see how they put most effort into sportscar racing initially.
Thanks,I did actually watch the film about Mclaren a few years ago. That series was just something usa based and being as f1 was not as big as it is now would look equal to F1 then.
They didnt change the name to RonDen f1 or anything later though. Rons probably gutted as Brawn F1 did it all in its one and only year.
CanAm was Canada and America (USA) based, hence the name, the prize money was bigger than F1 and the cars were faster than F1.

It wasn't until 14th October 1980 that Ron Dennis had any involvement with McLaren, before then the team had already won two F1 world championships with Fittipaldi and Hunt and also won the Indy 500 twice.

When McLaren and Project Four merged to form McLaren International the deal had Teddy Mayer and Tyler Alexander of the original McLaren team with 50%, Ron Dennis 29%, Creighton Brown 12% and John Barnard 9%.
I must pay more attention. I thought it was quite a good film as well.
Can see why CanAm disappeared though. Canada probably had smaller population than london did at the time.
Yes im probably wrong about that stat as well lol.

jsf

17,017 posts

191 months

Wednesday
quotequote all
Fundoreen said:
I must pay more attention. I thought it was quite a good film as well.
Can see why CanAm disappeared though. Canada probably had smaller population than london did at the time.
Yes im probably wrong about that stat as well lol.
The combination of the Porsche 917/30 domination and the energy crisis killed CanAm.