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New Williams Owners Investing ‘Heavily’ in Hopes of Future F1 Success: Capito

Published 05/17/2021, 6:49 AM EDT

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via Reuters

The iconic Williams team has been struggling on the track for some time now, mostly due to lack of funding. However, when the Williams family chose to let go of the ownership of the team due to financial reasons and Dorilton Capital took over, they took control of the team with the intention to take it back to the top.

The new CEO, Jost Capito, believes that while investment is important for a team, it needs to have determination as well.

The Grove-based outfit have shown signs of improvements this season, by consistently making it into Q2. However, they are yet to score a single point this season.

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Williams sits in ninth place in the constructor’s championship with zero points. They will aim to score some as the season progresses, and with talents such as George Russell and Nicholas Latifi, they remain motivated.

Williams CEO investment is important but needs determination as well

In an interview with  Auto, Motor und Sport, Capito said, “The new owners are investing heavily. You are interested in long-term success. This gives you the opportunity to rebuild the team.

via Reuters

“First and foremost, you need motivation to get the talents back to work and give them the opportunity to develop. Investing alone is not enough. You also have to get the investment to work. That is my primary task. That the investments are also used efficiently.” (Translated from German via Google)

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Mercedes offer hard to turn down if they come for George Russell says, Capito

The Silver Arrows have kept an eye on their junior driver, George Russell, ever since his stellar performance at Sakir GP last season. Capito believes it would be hard for Rusell to turn an offer down if they come calling.

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He said, “When Mercedes makes an offer to a driver, it’s difficult for anyone to keep him. No matter which driver, in which team.”

via Getty

Both of the Silver Arrows’ drivers, Lewis Hamilton or Valtteri Bottas, run out of contracts at the end of the 2021 season. So, it is possible that Russell could receive the promotion to Mereces for the 2022 season, or maybe even sooner.

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As of now the British driver has contracted with Williams and is fully focused on taking them to the next level, and brings some much need points to the Grove-based outfit.

Who Is Jost Capito – the New CEO of Williams?

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Written by:

Arpit Gomes

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Arpit Gomes is an F1 author at EssentiallySports. Currently pursuing his Journalism degree from Xavier’s Institute, he is a big fan of McLaren and their driver Lando Norris and Daniel Ricciardo. Arpit always looks forward to the paddock moving to Spa and drivers dealing with the exciting Eau Rouge corner as well the straight at Monza.
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