F1 News, Reports and Race Results

Williams boss adamant Dorilton 'doesn't want to sell'

Williams Racing boss Jost Capito is adamant that the team's owner, Dorilton Capital, is in Formula 1 for the long and has no intention of selling the British outfit.

Dorilton acquired Williams from the team's founding family in the summer of 2020, but rumors earlier this year of German manufacturer Audi's interest in taking a stake in the Grove-based outfit led to speculation that the New York investment firm would be more than happy to flip its asset for a quick significant profit.

While Dorilton likely entertained a potential offer for Williams from Audi as a fiduciary duty towards its shareholders, Capito insists the US private equity's ambitions in F1 are long term.

"Dorilton’s goal is not to sell at a profit, Dorilton’s goal is to be successful," Capito told Motorsport-Total.

"They want to get the team back to the front and they want Williams to win again. How long that will take, that remains to be seen.

"At the moment, our bosses are fully behind us. After all, we are doing the business plan for the long term.

"We don’t work month to month, we have long-term plans and they are signed off and, I think, they are realistic. Williams couldn’t have a better owner."

Read also:

However, Formula 1's extraordinary growth and popularity could encourage an original equipment manufacturer to show up at its doorstep with an offer it cannot refuse.

Capito suggested that Williams would perhaps consider a partnership but insisted once again that Dorilton is not looking to cash out from its investment.

Matthew Savage, Dorilton Capital Chairman

"An OEM is probably always good for a team, but under certain conditions. It all depends," said the former VW motorsport boss.

"Something like that can give a boost to the team, but I think the team still has to be core Formula 1 business.

"And if a manufacturer takes over completely, then it’s not necessarily core business Formula 1, but then it’s something you can switch on and off. And that’s where you have to weigh it up.

"The situation is also different for every team. For us it’s very clear: Dorilton doesn’t want to sell. And we think it’s better for the team not to sell than to become a manufacturer."

Keep up to date with all the F1 news via Facebook and Twitter

Michael Delaney

Recent Posts

Istanbul Park to host Formula 1 Turkey Grand Prix from 2027

Formula 1 has confirmed the return of the Turkish Grand Prix to the sport’s calendar…

36 minutes ago

Audi appoints Allan McNish as F1 team’s Racing Director

As Audi Revolut F1 Team navigates its historic rookie season in the pinnacle of motorsport,…

2 hours ago

When 'best win so far' put Alonso on path to first title

On this day in 2005, Fernando Alonso took a brilliant victory over Michael Schumacher in…

3 hours ago

Domenicali fires back at critics: ‘Formula 1 has no problems’

Formula 1 CEO Stefano Domenicali has a message for the skeptics, the armchair engineers, and…

4 hours ago

Bearman aiming for Ferrari seat but admits ‘it’s a long journey’

There’s something quietly powerful about ambition when it’s paired with patience – and Oliver Bearman…

6 hours ago

Zak Brown shuts down Verstappen-to-McLaren fantasy

As speculation swirls around Max Verstappen and his long-term future in Formula 1, McLaren boss…

7 hours ago