Motorsport Blog
Topic

Motorsport Blog

Williams heir-apparent Adam Parr quits team

Williams has been forced into another change of senior management after its chairman Adam Parr announced on Monday that he is quitting the team aft...

Williams heir-apparent Adam Parr quits team

Williams has been forced into another change of senior management after its chairman Adam Parr announced on Monday that he is quitting the team after over five years.

The unexpected news was delivered early on Monday morning, with team owner Sir Frank Williams pointing to Parr’s desire to achieve “a better balance in his life” for the decision to cut his ties with Grove which stretch back to 2006. Former CFO of alcoholic drinks firm Diageo Nick Rose will take over as non-executive chairman with Parr’s leaving date set as this coming Friday (March 30).

After joining the team as CEO, Parr quickly established himself as a trusted lieutenant of Williams and was credited with putting the team on a surer financial footing before being chosen by the team’s founder to succeed him as chairman of the company in July 2010. Last year Parr oversaw the major restructure of the team’s technical department and its historic floatation on the Frankfurt stock market. Only last month in an interview with F1 Racing did Williams describe the trained lawyer as his heir apparent: “If for whatever reason I couldn't come in to do my job, Adam would fill the gap.”

However, that expected passing of the baton will now not happen after Monday’s announcement. Williams says they part on good terms and thanked him for his contribution to the team’s history.

“I asked Adam to join Williams at the end of 2006 to support me in the running of our team,” he said. “Over five years, Adam’s achievements have surpassed my expectations and I must thank him for his service. Not least for the decisive role he played in the technical changes made last year which are beginning to show through in the team’s improved competitiveness this season, and for leading this company to a successful IPO.

“Adam leaves us on good terms to pursue a better balance in his life for which I wish him and his family well. He has left us in good shape and I have every confidence that the Board and senior management team at Williams will continue to drive the business forward into a promising future.”

After experiencing the worst season in their long and illustrious history last year, Williams have begun this season in much improved form and Bruno Senna’s sixth-place finish in Sunday’s Malaysian GP mean they already have three more points than they achieved in the whole of last season.

Parr, whose time at the team has also coincided with a period of diversification into areas away from F1 including hybrid technology base in Qatar, said: “I am very grateful to Frank for giving me the opportunity to work for Williams over the past five years – a period that has been both challenging and rewarding. Williams is a unique team with over 500 great-hearted and talented people and many superb partners in and out of Formula One. Williams is now set up to move forward and I wish everyone at Grove well.”

The team say that Frank Williams will continue to oversee the company with the support of minority shareholder Toto Wolff, CEO Alex Burns and the rest of the board.
shares
comments
Parr leaves Williams Grand Prix Holdings, Rose named Chairman

Previous article

Parr leaves Williams Grand Prix Holdings, Rose named Chairman

Next article

Sauber - Perez interview after Malaysian GP podium

Sauber - Perez interview after Malaysian GP podium
Load comments

About this article

Series Formula 1
Teams Williams
Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place Prime

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place

Three points finishes from as many starts represents a decent opening innings on paper, but Daniel Ricciardo has endured a tough start to his McLaren career - only magnified his teammate's excellent form. Yet both he and the team have good reason to expect a turnaround soon.

What needs to “change” for Red Bull is ending Verstappen’s errors Prime

What needs to “change” for Red Bull is ending Verstappen’s errors

OPINION: Going up against the dominant force of Mercedes and Lewis Hamilton was always going to demand the best from Red Bull and Max Verstappen. But after making a couple more errors during the Portuguese Grand Prix, the Dutch driver showed there's a small gap he still needs to close in the 2021 Formula 1 title fight.

Formula 1
May 5, 2021
The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix Prime

The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix

Red Bull's Portuguese Grand Prix fortunes were decidedly second best to Mercedes', but the result skews the potential that the team had at Portimao. With a new set of updates, the team looks good going forward into the rest of 2021's spicy F1 competition

Formula 1
May 3, 2021
Portuguese Grand Prix driver ratings Prime

Portuguese Grand Prix driver ratings

The 2021 Portuguese GP will for several drivers go down as a weekend of missed opportunities amid imperfect track conditions that caused struggles with tyre warm-up. But the performances of a select few stood out from the crowd

Formula 1
May 3, 2021
The five key tests Hamilton passed to claim Portugal victory Prime

The five key tests Hamilton passed to claim Portugal victory

Just as he did in 2020, Lewis Hamilton had to come from behind to win the 2021 Portuguese Grand Prix. Only this time there were two rivals he had to pass, among the several challenges he had to overcome, on his way to securing a 97th grand prix victory

Formula 1
May 3, 2021
Imola 1994: Memories from Ayrton Senna’s F1 rivals Prime

Imola 1994: Memories from Ayrton Senna’s F1 rivals

The tragic events of the 1994 San Marino Grand Prix changed Formula 1 forever. Here, 17 of the drivers who took part explain how they coped with the devastating deaths of Roland Ratzenberger and Ayrton Senna.

Formula 1
May 1, 2021
The data that leaves both Red Bull, Mercedes uncertain of supremacy Prime

The data that leaves both Red Bull, Mercedes uncertain of supremacy

Lewis Hamilton topped the crucial FP2 session on Friday as F1 returned to Portugal, but his Mercedes team cannot be sure it has the edge on its Red Bull rivals. As cool temperatures and wind combine with the still-slippery surface to present drivers with quandaries over set-up and tyre warmup, there's still everything to play for come qualifying.

Formula 1
May 1, 2021
How in-form Norris is staking his claim as Britain's next F1 champion Prime

How in-form Norris is staking his claim as Britain's next F1 champion

As a highly-rated Mercedes junior, George Russell is naturally billed as Lewis Hamilton's heir apparent where Britain's next Formula 1 champion is concerned. But he may face competition for that accolade from Lando Norris, fresh from a confidence-boosting run to third at Imola whose rise is being accelerated by his McLaren team’s revival

Formula 1
Apr 29, 2021