“Negotiations with Formula 1 management and Liberty Media regarding the future of the sport from 2021 have been productive and we believe, when finalised, will represent a much-needed opportunity for Williams to benefit from a more level financial playing field, as well as new technical regulations,” he said.Īfter a disastrous start to the 2019 F1 season, missing the opening days of pre-season testing before dismissing technical head Paddy Lowe, Williams sits bottom of the teams’ championship having notched up just one point so far this year with Robert Kubica’s 10th place at the German Grand Prix. O’Driscoll has also reaffirmed Williams’ positive reflection on the 2021 financial shake-up in F1 which he expects to provide a boost to the British team both financially and technically. This is best demonstrated by the recent two-year extension to our title partnership deal with ROKiT who will now continue with us until at least 2023.” “Although we are enduring another tough season on track, we have seen some recent signs of improvement, and we continue to attract interest from potential partners as one of the longest standing Formula 1 teams. Well, it is rumoured that the UBO of Dorilton is an American tech billionaire with a passion for the Williams team.Australian GP red-flagged with Hamilton in lead after Albon crash So, if it is not Ecclestone, the Mathews family or Calvin F Lo then who? Williams consolidate their position as F1 racing’s third-best team, but after finishing the previous year with the second-quickest car they are frustrated to slip even further back from the imperious Silver Arrows and to be overhauled by a resurgent Ferrari squad.
for her role in the film Crazy Rich Asians, is the partner of FIA president Jean Todt. Yeoh, who is perhaps most famous in the U.S. Lee’s reference to Lo’s friendship with a “director of the FIA” is a reference to social media posts that shows Lo with actress Michelle Yeoh. Lo’s lawyer continued, “In addition to this, we are not qualified to speculate upon the identity of the unnamed Hong Kong national who media outlets report to be purchasing Williams Company.”
Lo, can neither confirm nor deny involvement in this acquisition, nor make any further comment at this time.”
Lo is well known for his interest in Formula 1, and for the friendship he enjoys with the partner of a director of the FIA.
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