Grapevine: Williams Set to Side with Ecclestone

Speculation that Williams will be the next team to abandon the manufacturers' plans for a breakaway and sign up for Formula One is mounting, with reports claiming that the team are now holding back on giving their full support to the rebel plans

Grapevine: Williams Set to Side with Ecclestone

A report in The Times on Monday claimed that although Williams' name had appeared on a document put forward by the Grand Prix Manufacturers' Association (GPMA) last week, which said the teams involved were united in pushing forward with the breakaway series, team boss Frank Williams had subsequently stopped short of putting his signature on a document.

Although this does not mean that Williams will now definitely agree a deal with Formula One supremo Bernie Ecclestone, it does indicate that Williams are playing a waiting game to see where their future ambitions are best served.

Williams are in a delicate situation because they need to pay for their Cosworth customer engines next season and they also need a new title sponsor to replace HP. Should Ecclestone guarantee the team an income from the end of 2007, then it would at least give the team some kind of long term stability.

Ecclestone is believed to be offering teams 50 percent more cash than they currently receive if they agree to his package from the start of 2008.

Speaking to The Times, Ecclestone said: "They know what is on the table and they know I mean it. If you sell something at Harrods, it doesn't mean you want to own the store with all the risks and overheads.

"That is what these people in the GPMA want, but the Formula One brand has been running for more than 50 years and we have been running things very well for 30 years, taking the risks and giving them plenty of money. It is up to them to decide if they can do a better job and take that risk."

Williams were unavailable for comment on Monday morning.

shares
comments
Japan Preview Quotes: Renault

Previous article

Japan Preview Quotes: Renault

Next article

Alonso Focused on Constructors' Title

Alonso Focused on Constructors' Title
Load comments

About this article

Series Formula 1
Teams Williams
Author Jonathan Noble
The back-bedroom world-beater that began a new F1 era Plus

The back-bedroom world-beater that began a new F1 era

The first in a line of world beaters was designed in a back bedroom and then constructed in a shed. STUART CODLING recalls the Tyrrell 001

The clues Hamilton’s F1 contract afterthought gives to his future Plus

The clues Hamilton’s F1 contract afterthought gives to his future

The Formula 1 world reacted with surprise when it learned Lewis Hamilton’s long-awaited new Mercedes deal guarantees his presence on the grid only until the end of 2021. Both parties claimed publicly they were happy with the arrangement but, asks MARK GALLAGHER, is there more to it than that?

Formula 1
Apr 17, 2021
How a harshly ejected Red Bull star has been hooked by racing again Plus

How a harshly ejected Red Bull star has been hooked by racing again

Driver-turned-DJ Jaime Alguersuari lost his love for motorsport when he was booted out of Formula 1 just as he was starting to polish his rough edges. Having drifted from category to category then turned his back on racing altogether in 2015, he’s come full circle and is planning a return in karts for fun

Formula 1
Apr 17, 2021
Why Mercedes isn't confident it's really ahead of Red Bull at Imola Plus

Why Mercedes isn't confident it's really ahead of Red Bull at Imola

While Mercedes struck back against Red Bull by topping the times at Imola on Friday ahead of the Emilia Romagna Grand Prix, the overall picture remains incredibly close. Despite having a possible edge this weekend, the reigning Formula 1 world champion squad is not taking anything for granted...

Formula 1
Apr 16, 2021
What Mercedes must do to keep its F1 title challenge on track Plus

What Mercedes must do to keep its F1 title challenge on track

Mercedes may find itself leading the drivers' and constructors' standings after Lewis Hamilton's victory in the Bahrain Grand Prix, but it is well-aware that it came against the odds, with Red Bull clearly ahead on pace. Here's what the Brackley team must do to avoid its crown slipping

Formula 1
Apr 16, 2021
Why Tsunoda can become Japan’s greatest F1 talent Plus

Why Tsunoda can become Japan’s greatest F1 talent

While Japan's fever for motor racing is well-documented, the country has yet to produce a Formula 1 superstar – but that could be about to change, says BEN EDWARDS

Formula 1
Apr 15, 2021
Why the demise of F1's hypocritical spending habit is cause for celebration Plus

Why the demise of F1's hypocritical spending habit is cause for celebration

For too long, F1's richest teams have justified being able to spend as much as they want because that's the way they've always conducted their business. STUART CODLING says that's no reason not to kick a bad habit

Formula 1
Apr 14, 2021
The double whammy that is defining Vettel’s F1 fate Plus

The double whammy that is defining Vettel’s F1 fate

It's been a tough start to Sebastian Vettel's Aston Martin F1 career, with a lack of pre-season testing mileage followed by an incident-packed Bahrain GP. But two key underlying factors mean a turnaround is not guaranteed

Formula 1
Apr 14, 2021