The Williams name could be the latest in a long line of famous British marques to fall off the Formula 1 grid.
Since its formation as Williams Grand Prix Engineering, the team has been under the control and ownership of Sir Frank Williams, who has always insisted that he would remain at the wheel of the company.
But recent times have been hard for Williams. Frank Williams has stepped back from the daily running of the organisation, and the team has slumped to last in the constructors’ standings in each of the last two seasons. The results last season led the company to register a £13m loss. With the expected impact of COVID-19 also looming, Williams is investigating “strategic options” including either selling a stake, or handing over Williams in its entirety to a new owner. The latter option would risk the team being rebranded, and the Williams name fading into history, having won nine constructors’ titles and seven drivers’ crowns since 1977.