About: http://data.cimple.eu/news-article/c4eb0280b94740847672511ba39f278a6f0d043708ce8a036fe3deee     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • The historic Williams Formula One team has been bought by US-based investment firm Dorilton Capital, ending 43 years of family ownership, it was announced on Friday. Founded in 1977 by Frank Williams and Patrick Head, Williams have won nine constructors' titles and seven drivers' championships, the most recent coming through Canadian Jacques Villeneuve in 1997. They were forced to look for new investment when in May Williams Grand Prix Holdings group reported an adjusted loss of £13 million ($17 million) for the year ending 2019. "This may be the end of an era for Williams as a family owned team, but we know it is in good hands," said Claire Williams, deputy team principal and daughter of Frank in a statement. "The sale ensures the team's survival but most importantly will provide a path to success." As Williams's financial fortunes have taken a hammering so has their performance on the track. They finished as high as third in the constructors' championship as recently as 2015 but last year slid to bottom, the same position they occupy this season having yet to garner a single point. Matthew Savage, chairman of Dorilton Capital, believes the new investment and his company's patient approach will herald a change in their on-the-track performances. "We believe we are the ideal partner for the company due to our flexible and patient investment style, which will allow the team to focus on its objective of returning to the front of the grid," he said. pi/mw
schema:headline
  • Historic Formula One Williams team bought by US investment firm
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software