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Brown warns that Williams owners need to “issue a checkbook” – Motorsports

McLaren CEO Zak Brown warns Williams A new owner that the team needs to spend to get out of the current rut.

So Williams It’s hard to believe that Grove’s outfit will continue to be Britain’s most successful team in terms of constructor titles, declining again at the bottom of the team’s rankings.

After 2018 Williams Except for regularly finishing last, scoring only 7 points from 59 races and losing sponsorship-many of them Racing point -The team is currently losing in terms of prize money.

Last year Williams The family “set aside” due to many changes, including investment firm Drillton Capital taking control and primarily Yost Capito being appointed CEO.

McLaren CEO Zak Brown Williams To get out of the current rut, the new owner must be prepared to use it.

“They are a great racing team,” Brown said. McLarenIn recent years, he has had his own problems, but ended the 2020 season with the “best of the rest”.

“They will need to invest a lot of money, new investors,” he warned. “They are behind in their earnings because they finished 10th in the championship, and they don’t seem to have much sponsorship.

“They have people, know-how and skills,” he continued. “It will take some time because we just need the resources we lack, but I think we have taken a big step this year.

“They haven’t scored points yet, but they’re certainly in a few positions. I don’t think there’s a reason they can’t, but they’ll have to keep investing in the team. They had us. It looks to me that I don’t have the same level of income as.

“As we know in Formula 1, it costs money to go fast, so they just have to keep issuing checkbooks.”

Of course, smoothly McLaren Andreas Seidl has made great strides with his appointment as team boss, but nevertheless, the volatile position of Woking’s outfits in recent years must be remembered.

Of course, he sold some of his family’s silver, pondered the sale of Walking Headquarters, and received a £ 150m loan from the National Bank. BahrainNot to mention the £ 200m investment from Michael Latifi-father Williams Driver Nicholas-in December McLaren The group announced that it has sold 15% of its stake (up to 33% by the end of 2022) to MSP Sports Capital, a US-based sports investment group.



– Motorsports

Brown warns that Williams owners need to “issue a checkbook”

http://www.pitpass.com/68957/Williams-owners-need-to-get-their-chequebook-out-warns-Brown Brown warns that Williams owners need to “issue a checkbook”

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