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Williams Racing announces changes to board of directors

The news earlier today of the Williams family's departure from F1 has logically led to a restructuring of the team's board of directors.

US private investment firm Dorilton Capital which acquired Williams last month has appointed Matthew Savage, Darren Fultz and James Matthews to the Grove-based outfit's board.

The name James Matthews may ring a bell to an older generation of motorsport fans, as the Brit was the 1994 British Formula Renault champion with Manor Motorsport. Matthews is also incidentally married to Pippa Middleton, the sister of the Duchess of Cambridge, Kate. He is therefore the brother-in-law of Prince William.

Russell and Latifi pay tribute to Williams family on 'sad day'

Here is a run down from Williams' statement on the team's new board members:

“Matthew Savage is the Chairman of Dorilton Capital. Dorilton is a private investment firm headquartered in the United States and Matthew has led the team since its inception in 2009. Prior to founding Dorilton, Matthew was with Rothschild for 22 years in both London and New York advising clients regarding M&A and restructuring transactions.

“Darren Fultz co-founded Dorilton Capital in 2009 and became CEO in 2018. Prior to this he held positions with Rothschild where he provided corporate finance and M&A advice and with C3i and ZS Associates where he provided sales and marketing strategy and analytics advice. Darren sits on the Board of Directors at all of Dorilton’s portfolio companies.

“James Matthews is the CEO of Eden Rock Group, an investment advisory firm headquartered in London that was established in 2001. James is a former British racing driver and the co-founders of Eden Rock have a background in motorsports spanning more than 30 years.

“The new Board recognises and appreciates the importance of retaining Williams’ heritage and culture and will continue to work with the senior management to leverage its capabilities to return it to racing competitively.”

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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.