P1racenews AI automatic summary:
Williams received a financial boost during the recent three-week break.
Williams F1 recently confirmed the sale of 100 million shares at a nominal value of £1, bringing a capital injection of £100 million to the team. The shares were sold on October 11 during a break between races, reflecting Dorilton Capital’s long-term commitment as owners. This move aligns with the increasing value of F1 teams and Williams’ focus on enhancing their position in the grid. Dorilton Capital, which acquired Williams in August 2020, has made significant investments totaling over $552 million, with the recent share sale being the largest so far. Despite increased losses in their 2023 accounts, Williams remains ambitious, as seen through signings like Carlos Sainz, demonstrating the team’s determination to progress in the sport.
