REUTERS: George Russell and Nicholas Latifi welcomed their Williams team’s change of ownership as a positive step that will help the former Formula One champions climb back up the competitive order.
"It’s secured the future, the stability of the team which is first and foremost the most important thing," Canadian Latifi, making his Formula One debut this season, told reporters via video conference at the Belgian Grand Prix on Thursday. Williams were founded in 1977 and are the third oldest and most successful constructor in Formula One history.They enjoyed their heyday in the 1980s and 90s but haven’t won a championship since 1997 with Jacques Villeneuve or a race since Pastor Maldonado’s triumph at the 2012 Spanish Grand Prix.Their poor form on track combined with the COVID-19 pandemic has taken a toll on their finances.
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