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Williams: No link between new team owner and Ecclestone

Claire Williams brushed off suggestions that former F1 supremo Bernie Ecclestone was behind the British team's recent buy-out by US investment firm Dorilton Capital.

Dorilton acquired Williams Grand Prix Engineering, the company that operates the Grove-based outfit, for €152 million. But regulatory filings associated with the deal revealed that the private investment firm had used one of the funds it manages - BCE Limited - to buy the F1 team.

The letters 'BCE' were all it took to generate speculation that one Bernard Charles Ecclestone was perhaps behind the whole affair. But Williams' deputy team principal put the fabrication to rest.

"I spoke to Mr. Ecclestone earlier in the week, and I did ask if it was him behind it," Williams said. "That’s a joke, by the way.

"Bernie has nothing to do with our new ownership.

"Dorilton Capital is completely independent, Bernie is not the new owner of Williams. I am in my role, I’m here, I’m doing my job, and it is business as usual."

Williams explained that the funds used by Dorilton to buy the team were sourced from a family's investments in the firm but would not divulge the identity of the backers.

"I can’t go into a whole lot of detail as to the people behind Dorilton, that will become clearer or we will be able to make that clearer over the coming weeks and months," Williams said.

"But they have done a huge amount of due diligence since the start of this process. They were in this process from the beginning.

"They have spent an awful lot of time behind the scenes going through everything you would expect them to go through to understand our team but also to understand the sport.

"I have absolute confidence that they are the right people to take this team forward."

Queried on her future with the team, Williams said it was still "very early days".

"For the moment though, this is business as usual," said the 44-year-old team boss.

"I am here in my capacity that I was running the team in Barcelona and the races prior to that, and that will continue to be the case."

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

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