The company behind the troubled Williams Formula 1 team today surprised the motor racing world by parting ways with chairman Adam Parr.
Williams ended last season in ninth place in the constructors’ standings with just five points. In contrast, Red Bull Racing, home of last year’s champion Sebastian Vettel, amassed 650 points in top spot.
Frank Williams, team principal and controlling shareholder in Williams Grand Prix Holdings, praised Parr for “the technical changes made last year which are beginning to show through in the team’s improved competitiveness this season”.
Williams’ driver Bruno Senna came sixth in yesterday’s race and collected eight points — more than the team managed in the whole of last season.
Nick Rose, a former chief financial officer of Diageo, steps up as chairman.
Williams was once the biggest name in F1, winning nine constructors’ titles between 1980 and 1997.
