Team Williams: Do they have a spare tub? - Page 33

S griffin · 15 Apr 2019, 15:08 (Ref:3897682)

Parr decided it wasn’t for him, don’t know what Symonds is doing now. Is Newey still at RBR? But Williams are in a lot of mess with so many staff leaving

**ScotsBrutesFan** · 15 Apr 2019, 15:47 (Ref:3897699)

Pat Symonds is now I think part of the FOM technical team under Ross Brawn, looking at regulations and options for the future.

S griffin · 15 Apr 2019, 16:59 (Ref:3897713)

Well it was hard to keep track of him when he left Renault, at least he has a good job now

**GTRMagic** · 16 Apr 2019, 02:17 (Ref:3897840)

Quote:

Originally Posted by billy bleach

Adam Parr, Pat Symonds , Adrian Newey ? Ah no all been and gone......

Sure but Mr Dennis could buy the shares out in the world and go make a play to squeeze out the founding family. Or not. The possibility exists

**bjohnsonsmith** · 16 Apr 2019, 11:45 (Ref:3897961)

Quote:

Originally Posted by GTRMagic

Sure but Mr Dennis could buy the shares out in the world and go make a play to squeeze out the founding family. Or not. The possibility exists

Would he want to?

crmalcolm · 16 Apr 2019, 13:24 (Ref:3897989)

Quote:

Originally Posted by S griffin

don’t know what Symonds is doing now. leaving

Quote:

Originally Posted by ScotsBrutesFan

Pat Symonds is now I think part of the FOM technical team under Ross Brawn, looking at regulations and options for the future.

Correct, one of the things he has been working on for a few years now is the possible change of the grid formation:

https://www.motorsport.com/f1/news/f...anges/4323615/

** I know the topic of the article might be better suited to future rule changes, but it shows Symonds' current role **

chillibowl · 16 Apr 2019, 15:02 (Ref:3898008)

Quote:

Originally Posted by GTRMagic

Sure but Mr Dennis could buy the shares out in the world and go make a play to squeeze out the founding family. Or not. The possibility exists

for sure the possibility exists, but if RD came in and forced out the family i think i would hate him for it.

no doubt there could be worse people to show up to buy the team though. a self promoting billionaire or a faceless corporation/hedge fund are things i would hate more....and sadly one of which im sure we will get one day.

and when that day comes i think we will all miss the family regardless of how unsuccessful their end was.

S griffin · 16 Apr 2019, 16:58 (Ref:3898035)

Well I doubt it would happen, RD’s time is up and I can’t see the family allowing it either

Certainly the team could be bought out, but the family would still have some influence over it. They will always be there, it’s their team

crmalcolm · 16 Apr 2019, 18:51 (Ref:3898075)

Quote:

Originally Posted by S griffin

Certainly the team could be bought out, but the family would still have some influence over it. They will always be there, it’s their team

About as much influence as Eddie Jordan had at Force India?

djinvicta · 16 Apr 2019, 19:35 (Ref:3898082)

They paid his drinkies bill for a year..or 2 or 3...

peebee2 · 16 Apr 2019, 21:44 (Ref:3898111)

Quote:

Originally Posted by GTRMagic

His Ronness may need to reappear in the paddock

Williams’ kids have proven totally inadequate for the job but Ron is in his 70s, as is SFW, and only about a year younger than P Head.

**bjohnsonsmith** · 16 Apr 2019, 22:48 (Ref:3898124)

Why would Ron Dennis, want to buy into Williams? Recouping all the costs, would be financial suicide.

**GTRMagic** · 16 Apr 2019, 23:20 (Ref:3898128)

Quote:

Originally Posted by bjohnsonsmith

Why would Ron Dennis, want to buy into Williams? Recouping all the costs, would be financial suicide.

If we recall rightly, Mr Dennis put/was putting a consortium together at one stage to buy out the other partners at McLaren... it didnt come off... but you might imagine the connections to funding may still be around.

I am not saying it could be Mr Dennis, but the same idea of converting an ailing Force India into a Racing point could occur to someone else besides Mr Stroll & friends.

Any talk of 'losing the family connection' becomes moot surely at the lack of vision, the lack of action around bringing the team back to the front... Pouting and generally looking grumpy isnt a patch on hiring well, sourcing the right technical partners and putting genuinely fast pilots in the toys...

wnut · 17 Apr 2019, 09:55 (Ref:3898182)

Interesting interview with Adrian Newey here:

https://www.motorsportmagazine.com/o...club-talk-show

At 25 minutes Newey provides interesting insights into management decisions at Williams, and why he left.

Later Ron Dennis tries to cut his salary...

billy bleach · 17 Apr 2019, 13:33 (Ref:3898218)

Quote:

Originally Posted by GTRMagic

If we recall rightly, Mr Dennis put/was putting a consortium together at one stage to buy out the other partners at McLaren... it didnt come off... but you might imagine the connections to funding may still be around.

I am not saying it could be Mr Dennis, but the same idea of converting an ailing Force India into a Racing point could occur to someone else besides Mr Stroll & friends.

Any talk of 'losing the family connection' becomes moot surely at the lack of vision, the lack of action around bringing the team back to the front... Pouting and generally looking grumpy isnt a patch on hiring well, sourcing the right technical partners and putting genuinely fast pilots in the toys...

If it was so easy why didn’t Stroll buy Williams?....

**bjohnsonsmith** · 17 Apr 2019, 13:49 (Ref:3898220)

Quote:

Originally Posted by billy bleach

If it was so easy why didn’t Stroll buy Williams?....

Because it's a family business?

chillibowl · 17 Apr 2019, 14:10 (Ref:3898224)

i would imagine that the Stroll's bought Force India because of price.

the Williams brand name alone no doubt commands a much higher price tag then whatever FI sold for while insolvent.

S griffin · 17 Apr 2019, 14:24 (Ref:3898226)

It was more to make sure his son stays in F1 a little longer. Not sure the Williams family really wanted to sell to him

chillibowl · 17 Apr 2019, 14:37 (Ref:3898237)

Quote:

Originally Posted by S griffin

It was more to make sure his son stays in F1 a little longer. Not sure the Williams family really wanted to sell to him

he could have paid less money for a pay drive for his son so, imo, saying that he bought the team expressly for that reason seems like an easy joke to make but far from the truth i suspect.

the Force India purchase was a sound business one imo and with a little bit of investment the value of that team will rise far above the price they paid for it. and one i imagine will quickly be self funding/profitable with the proposed increase in FOM prize money.

crmalcolm · 17 Apr 2019, 15:35 (Ref:3898248)

Quote:

Originally Posted by S griffin

It was more to make sure his son stays in F1 a little longer.

Lance Stroll was already in F1, partly due to his father funding a drive to the tune of $80million.
He didn't need to do anything like buy a team just to keep his son in the sport.

Racing Point is not Lawrence Stroll, it is a consortium that Stroll is part of. The consortium purchased FI for business reasons, not to fulfil one consortium member's personal desires. The signing of both their drivers may have a connection to the drivers' funding source - but we should be careful to separate personal financial backing from the Stroll Family, and business investments from the Racing Point consortium.

peebee2 · 17 Apr 2019, 16:27 (Ref:3898255)

Quote:

Originally Posted by crmalcolm

Lance Stroll was already in F1, partly due to his father funding a drive to the tune of $80million.
He didn't need to do anything like buy a team just to keep his son in the sport.

Racing Point is not Lawrence Stroll, it is a consortium that Stroll is part of. The consortium purchased FI for business reasons, not to fulfil one consortium member's personal desires. The signing of both their drivers may have a connection to the drivers' funding source - but we should be careful to separate personal financial backing from the Stroll Family, and business investments from the Racing Point consortium.

What percentage do the others own? Very, very small.

I think Dad Stroll thought if he’s putting so much in, why not actually own it. Maybe get some payback later, own assets and have real control.

crmalcolm · 17 Apr 2019, 18:14 (Ref:3898268)

Quote:

Originally Posted by peebee2

What percentage do the others own? Very, very small.

Jonathan Dudman is the majority shareholder.

The Stroll connection is through a trust, that he and Silas Kei Fong Chou both have influence over.

peebee2 · 17 Apr 2019, 21:19 (Ref:3898295)

Quote:

Originally Posted by crmalcolm

Jonathan Dudman is the majority shareholder.

The Stroll connection is through a trust, that he and Silas Kei Fong Chou both have influence over.

Lol, who do you think Dudman is working for!

It’s Mr Stroll’s team.

crmalcolm · 17 Apr 2019, 21:46 (Ref:3898299)

Quote:

Originally Posted by peebee2

Lol, who do you think Dudman is working for!

It’s Mr Stroll’s team.

You asked what percentage is owned by others.

Legally, Dudman has a greater claim to ownership than Stroll, being the majority shareholder.
Dudman's company might be contracted to support some of Stroll's affairs, but that doesn't mean Dudman work for Stroll.

Lol'ing at a statement of fact doesn't change it from being so. Stroll is not the owner of the team that his son drives for.

peebee2 · 17 Apr 2019, 22:25 (Ref:3898302)

Lol again. There are many ways shares can be held. It’s Stroll’s team. It’s not a secret.

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