Health of Williams staff comes first


By Andrew Hooper
May 7 2020

In a recent interview Williams Deputy Team Principal Claire Williams spoke of her concerns for the future of not only the Williams Team but also F1. With the Coronavirus still dominating discussions amongst Formula One there is a push to get the 2020 season restarted. But for Claire her the major focus has always been the health of the teams staff over the financial issues affecting the team. Despite these "scary" concerns for Claire the teams staff will always come first over any thoughts of the team closing its doors.

 
 Health of Williams staff comes first
 

In a recent interview with Sky Sports Williams Deputy Team Principal Claire Williams spoke of her concerns for the future of not only the Williams Team but also F1. With the Coronavirus still dominating discussions amongst Formula One there is a push to get the 2020 season restarted.

But for Claire her the major focus has always been the health of the teams staff. To complicate matters even further are the additional aspects of managing these times in regard to the future financial viability of the team. But despite these "scary" concerns for Claire the teams staff will always come first over any thoughts of the team closing its doors.

With the 2020 Formula One season yet to restart the focus has been on determining not only a viable start date, which at this stage is the Austrian Grand Prix on July 5, but beyond that has been the extensive discussions between the teams, Liberty, the FIA and the various promoters as to how to carry-out the races in a safe way given that the virus issues that are still present in various countries that Formula One wishes to try and have races in.

For teams like Williams the delays in getting the season restarted has thrown a whole series of issues in regard to revenue flows while they are not racing. For Williams the lack of racing has seen little income in terms of monies that come from the races.

Claire commented to Sky saying: "It is scary that you could not just lose one or two teams, but an awful lot of teams if you don't get back racing.

"The financial model we have in our sport is that we are all so reliant upon the money we receive from the results in the constructors championship."

However, she added a cautionary note in regard to the push to return to racing by adding: "But you have to weigh up the need to go back racing in order to ensure your team's survival against the very important reality of ensuring that your people remain safe.

"For me, at the end of the day my people are always going to win out.

"I certainly hope that doesn't cost us our team, but the safety of our people, whether that be returning them to work at Grove (the team headquarters), or asking them to travel, is going to be absolutely paramount.

"We will certainly not be sending people back racing until it is appropriate to do so."

On the financial side of things Claire also spoke of the agreement that has been reached in regard to a reduced cost cap with a spending limit expected to be around the $145m mark.

Claire added: "We've always been really supportive of the cost-cap coming in, we've been talking about it for almost a decade now, the need for F1 to have a cost-cap.

"It's so important for teams like ours who are independent who don't just have unlimited amounts of budget.

"And so we were delighted when the $175m budget came through and then with coronavirus we've had to readdress that situation and it's going to be coming in at an even lower level, which is clearly even better news for a team like ours."

 

pqs: qs:
Health of Williams staff comes first
Posted by: Williams F1 (IP Logged)
Date: 07/05/2020 13:10

What do you think? You can have your say by posting below.
If you do not already have an account Click here to Register.

Re: Health of Williams staff comes first
Posted by: Stu69 (IP Logged)
Date: 07/05/2020 20:22

As a company director her duty has to be to the safety of her employees. I think she is covering her @#$%& a bit just in case things go wrong!

Re: Health of Williams staff comes first
Posted by: SydneyF1Fan (IP Logged)
Date: 09/05/2020 06:12

To be fair to her, I think she'll get a bigger kick up the bum if Williams goes bust

http://i807.photobucket.com/albums/yy358/SydneyF1Fan/SydneyF1FanSignatureWinner-v3.gif

Re: Health of Williams staff comes first
Posted by: Andrew Hooper (IP Logged)
Date: 09/05/2020 06:22

I would not be blaming her for me its the whole funding model that F1 works under. No racing ... no revenue.

Looking back maybe the only mistake that Williams made and this was way before Claire's time was to go public but that was done as a revenue raising measure. Not attracting wealthy backers was what has put Williams in a difficult situation. But even teams like McLaren with their extensive backing from Arab backers still seems to be struggling under the current F1 model.

Re: Health of Williams staff comes first
Posted by: SydneyF1Fan (IP Logged)
Date: 09/05/2020 08:53

Agree, the teams have become totally dependent on billionaires and sponsors with deep pockets.

I'm sure the sport will survive in some form, but I think there will be a major restructure in its costing and funding model post-COVID.

I'm highly doubtful that there will be any meaningful racing beyond a possible 'exhibition' race in Austria. And unless teams like Williams can be guaranteed funding (and safety) for the season, it's going to be a tough call to incur the substantial costs of reopening team operations to race a likely 'no points' finish in Austria. And if Williams with one or two other teams can't race, will they still proceed?

http://i807.photobucket.com/albums/yy358/SydneyF1Fan/SydneyF1FanSignatureWinner-v3.gif

Sorry, only registered users may post in this forum.
We record all IP addresses on the Sportnetwork message boards which may be required by the authorities in case of defamatory or abusive comment. We seek to monitor the Message Boards at regular intervals. We do not associate Sportnetwork with any of the comments and do not take responsibility for any statements or opinions expressed on the Message Boards. If you have any cause for concern over any material posted here please let us know as soon as possible by e-mailing abuse@sportnetwork.net