Williams

Ecclestone helping search for new Williams owner

Ewan Gale Friday 5 June 2020 13:36 Updated: 14:33

Ecclestone helping search for new Williams owner

Bernie Ecclestone has joined the fight for Williams' Formula 1 survival and said that losing the team would mark the 'end of an era'.

The former boss of Formula 1 told AFP that he is actively searching for an investor to secure the teams' future.

"Williams would be a great loss, 100%," Ecclestone said. "I am looking around to find people who could and might be involved."

Ecclestone acknowledged the current economic climate could be deterring prospective buyers.

He added: "Owning a team is a very expensive hobby.

"I hope it is not the end of the Williams team. It would be the end of an era but I hope that someone who can afford to run the team properly can be found as it is a terrible thing to lose a team like that.

"It is not thinkable. Dear old Frank had to work so hard to make sure the team competed and that happened and now to see it disappear like that, it's not good. It is a historic team."

"Unfortunately, the current management do not have the same status as Frank has. He could get things done."

Before you go...

Racing Point must build a legacy 'worthy of the Aston Martin name'

Penske: Ferrari 'interested' in 2022 IndyCar spot

Latest News

Max Verstappen

Verstappen Red Bull replacement favourite NAMED

1 hour ago

Aston Martin

Aston Martin driver in SHOCK team switch

2 hours ago

F1 Today

F1 News Today: Hamilton in MAJOR F1 demotion as boss reveals Mercedes ‘mistake’

3 hours ago

McLaren

McLaren star reveals Hamilton rivalry prompts relationship doubts

Today 14:04

F1 News & Gossip

Red Bull star offers fresh TWIST in Verstappen Russell feud

Today 13:08

F1 News & Gossip

Wolff admits Antonelli 'mistake' as Mercedes prepare for 2026 CHANGE

Today 12:12

More news

F1 News 24/7

Races

About GPFans

GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.

We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.

With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.

Follow us on your favorite social media channel

Corporate & Media

Innovatieweg 20C
7007 CD, Doetinchem, Netherlands
+31645516860

CHOOSE YOUR COUNTRY

Ecclestone helping search for new Williams owner

Ecclestone helping search for new Williams owner