2021 Williams F1 Team

This forum contains threads to discuss teams themselves. Anything not technical about the cars, including restructuring, performances etc belongs here.
User avatar
Wouter
111
Joined: 16 Dec 2017, 13:02

Re: 2021 Williams F1 Team

Post

The Power of Dreams!

User avatar
Big Tea
99
Joined: 24 Dec 2017, 20:57

Re: 2021 Williams F1 Team

Post

So, do we gat an Albon paradox now?
When arguing with a fool, be sure the other person is not doing the same thing.

ScottR267
ScottR267
0
Joined: 27 Dec 2018, 22:27

Re: 2021 Williams F1 Team

Post


User avatar
proteus
22
Joined: 13 Feb 2015, 14:35

Re: 2021 Williams F1 Team

Post

ScottR267 wrote:
05 Jan 2022, 11:11
Well that is nice to hear. So they managed to get themself a healty share of the budget for 2022 season.

On the other hand it is quite obvious how desperate the situation at Williams was, if i understand correctly that title sponsorship was supposed to be worth arround 5 million pounds per season.
If i would get the money to start my own F1 team, i would revive Arrows

User avatar
Moctecus
150
Joined: 28 Oct 2015, 13:08
Location: Germany

Re: 2021 Williams F1 Team

Post

proteus wrote:
05 Jan 2022, 13:00
Well that is nice to hear. So they managed to get themself a healty share of the budget for 2022 season.
Unfortunately, Williams haven't actually received any money from Rokit yet. They are taking the case to the California District Court to confirm/enforce the Award granted to them by the LCIA (London Court of International Arbitration).
proteus wrote:
05 Jan 2022, 13:00
On the other hand it is quite obvious how desperate the situation at Williams was, if i understand correctly that title sponsorship was supposed to be worth arround 5 million pounds per season.
£3.5-5m refers to the sizes of the individual instalments in which the sponsorship was to be paid out. Williams were found to be owed 3 instalments from each of the two sponsorship contracts (Rokit and Rokit Drinks) worth a total of £24.5m.

User avatar
Stu
Moderator
Joined: 02 Nov 2019, 10:05
Location: Norfolk, UK

Re: 2021 Williams F1 Team

Post

That is a big chunk of cash to be short of, it looks as though Claire Williams was doing a much better job than she has ever been given credit for. That sort of short-fall could have resulted in them selling out to Dorilton.
Perspective - Understanding that sometimes the truths we cling to depend greatly on our own point of view.