Skip to main content

Sign up for free

  • Get quick access to your favorite articles

  • Manage alerts on breaking news and favorite drivers

  • Make your voice heard with article commenting.

Recommended for you

Red Bull appoints Gwen Lagrue as junior driver chief after Mercedes F1 exit

Formula 1
Hungarian GP
Red Bull appoints Gwen Lagrue as junior driver chief after Mercedes F1 exit

Fred Vasseur owns up to Ferrari’s “very poor” execution in Hungarian GP

Formula 1
Hungarian GP
Fred Vasseur owns up to Ferrari’s “very poor” execution in Hungarian GP

Japanese racing consortium launches bid to build next Super Formula car

Super Formula
Japanese racing consortium launches bid to build next Super Formula car

Lewis Hamilton penalty sparks fan debate after F1 Hungarian GP

Formula 1
Hungarian GP
Lewis Hamilton penalty sparks fan debate after F1 Hungarian GP

Joan Mir: Honda has stopped updating 2026 MotoGP bike

MotoGP
Joan Mir: Honda has stopped updating 2026 MotoGP bike

Martin Brundle "intrigued" by Max Verstappen after Hungarian Grand Prix podium

Formula 1
Hungarian GP
Martin Brundle "intrigued" by Max Verstappen after Hungarian Grand Prix podium

F1 TV pundit makes bold Aston Martin prediction after B-spec car at Hungarian debut GP

Formula 1
Hungarian GP
F1 TV pundit makes bold Aston Martin prediction after B-spec car at Hungarian debut GP

Juan Pablo Montoya names two drivers set to benefit from F1's Sepang return

Formula 1
Hungarian GP
Juan Pablo Montoya names two drivers set to benefit from F1's Sepang return
Commentary

Williams will survive if Wolff pulls out

Austrian Wolff bought into Williams in 2009, but over the winter he also became a co-owner of F1 rival Mercedes.

Apr.15 (GMM) Williams will survive if Toto Wolff withdraws his major stake in the famous British team.

That is the vow of Claire Williams, who is founder and boss Sir Frank Williams' daughter and the new deputy principal of the Grove based team.

Toto Wolff, Mercedes AMG F1 Shareholder and Executive Director
Toto Wolff, Mercedes AMG F1 Shareholder and Executive Director

Photo by: XPB Images

Austrian Wolff bought into Williams in 2009, but over the winter he also became a co-owner of F1 rival Mercedes.

Because of his new management role, Wolff no longer works at Williams, but he has vowed to end the 'conflict of interest' by finding a buyer for his team stake.

He has pledged to do it responsibly.

"I cannot just go into the market and say 'who wants to buy these (Williams) shares' and that's it," he told Reuters.

"If I sell, I have to find somebody who is responsible enough, who is coming in for the sport, who understands how the team functions, hopefully a sponsor," added Wolff.

"And this is not so easy to find somebody who is suitable."

Time could therefore be on Williams' side, but Claire Williams insists that - no matter what ultimately happens - the health of the team is not at risk.

"Toto is a big shareholder and he's a great shareholder," she said.

"If he feels there's conflict then he has to make the decision in the best interests of his position and we would respect that. But we'll wait and see what happens.

"We are doing a good job on the commercial front," Claire Williams added.

"We are financially stable and have a good healthy budget to go racing with. We're not complaining about that and there aren't concerns that we aren't going to be here next year."

Wolff's wife Susie is a Williams test driver.

Previous article Explosions mark countdown to Bahrain 2013
Next article Tyre situation splits the Formula 1 paddock

Top Comments

Latest news