Family-run Formula 1 teams are sadly no more after Claire and Sir Frank Williams stepped back from the running of their team following the Italian Grand Prix at Monza.
In what was once a sport rich with privateers and in-house entrants, there are now no family founded and operated teams on the Formula 1 grid. Deputy team principal Claire Williams stepped down at Monza to hand control to the new Williams team owner, the private investment firm Dorilton Capital.
The £133.5m deal with Dorilton ended Sir Frank’s control over the team after 43 years. His daughter Claire had been due to continue as team boss, but announced her decision to step down shortly before Monza.