Claire Williams confident F1 team will continue despite financial trouble
30-May-2020 15:58:03 | The Guardian
- Deputy team principal hopeful of seeing out season
- ‘We will find the investment we need’
The Williams team and their name will continue in Formula One, the deputy team principal, Claire Williams, has said. She has expressed optimism for the future despite the team announcing on Friday they were considering putting the operation up for sale and seeking investment because of financial pressure.
The team suffered a £13m loss last year and are facing a further shortfall because of the coronavirus crisis and Williams are now appraising potential offers to buy the team or of investment, and have already entered discussions with some interested parties.
Related: Williams F1 team open sale talks amid pandemic pressures
Related: Silverstone set to host back-to-back closed-door F1 races in August
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