In 1977 Sir Frank Williams founded the eponymous team with its former engineering director Patrick Head and he still controls it through his 51.3% stake. It has diversified Williams’ revenue stream and helped to keep its wheels turning. In 2011 Williams also became the first listed F1 team when it floated 24.1% of its shares on Frankfurt’s junior exchange. Everybody needs to agree to that but Frank Williams is the one who is against it.”It reflects recent comments from Claire who said “we are a constructor. Although O’Driscoll has managed to boost Williams’ revenue and maintain a healthy bottom line, it has still been outspent by its better-funded rivals as we recently reported.

Source: Forbes April 29, 2018 09:00 UTC