Williams sold to private investment firm Dorilton Capital

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raymondu999
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Williams sold to private investment firm Dorilton Capital

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https://the-race.com/formula-1/williams ... t-company/

It's kind of sad but hopeful. I hope the new owners cherish the legacy of the team. Thoughts?
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Big Tea
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Re: Williams sold to private investment firm Dorilton Capital

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raymondu999 wrote:
Fri Aug 21, 2020 9:36 am
https://the-race.com/formula-1/williams ... t-company/

It's kind of sad but hopeful. I hope the new owners cherish the legacy of the team. Thoughts?
They claim in their statement that they are...

Dorilton Capital is a unique private investment firm focused on the middle market. We maintain a long term view with no set investment horizon while using a fraction of the leverage used in traditional private equity.

We work with healthy companies that have strong management teams, where we can act as true partners with a shared goal: accelerating potential by removing capital constraints. The executives we invest in are experts in their fields and have built excellent businesses, and as such, we seek to support management’s goals without imposing undue cultural change.


So hopefully long term and not strip and dump. Looks like a good option.
We are standing on the shoulders of Giants. So don't kick.

notsofast
notsofast
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Re: Williams sold to private investment firm Dorilton Capital

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Acquisition agreements usually include clauses related to a transition period, typically three years. They may say publicly that the team name and location will not change, but that's surely not forever. Besides, why would they keep the name? It has been an entire generation since Williams won anything. An entire generation of young F1 fans who have no connection to the success years. Williams seems to have interesting IP. If that is included in the sale, perhaps they will split that off and sell it at a profit, and maybe the rest could become something like Penske F1 someday. It wouldn't surprise me at all if Liberty is working behind the scenes to get a second US team and maybe this is the way to make it happen.

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raymondu999
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Re: Williams sold to private investment firm Dorilton Capital

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Big Tea wrote:
Fri Aug 21, 2020 10:40 am
raymondu999 wrote:
Fri Aug 21, 2020 9:36 am
https://the-race.com/formula-1/williams ... t-company/

It's kind of sad but hopeful. I hope the new owners cherish the legacy of the team. Thoughts?
They claim in their statement that they are...

Dorilton Capital is a unique private investment firm focused on the middle market. We maintain a long term view with no set investment horizon while using a fraction of the leverage used in traditional private equity.

We work with healthy companies that have strong management teams, where we can act as true partners with a shared goal: accelerating potential by removing capital constraints. The executives we invest in are experts in their fields and have built excellent businesses, and as such, we seek to support management’s goals without imposing undue cultural change.


So hopefully long term and not strip and dump. Looks like a good option.
A strip and dump perhaps not but maybe a pump and dump would be a possible option. Remember Genii?
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nick p
nick p
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Re: Williams sold to private investment firm Dorilton Capital

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I applaud Sir Frank Williams for pouring his heart and money into F1 for decades Wonderful legacy

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Big Tea
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Re: Williams sold to private investment firm Dorilton Capital

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raymondu999 wrote:
Fri Aug 21, 2020 1:20 pm
Big Tea wrote:
Fri Aug 21, 2020 10:40 am
raymondu999 wrote:
Fri Aug 21, 2020 9:36 am
https://the-race.com/formula-1/williams ... t-company/

It's kind of sad but hopeful. I hope the new owners cherish the legacy of the team. Thoughts?
They claim in their statement that they are...

Dorilton Capital is a unique private investment firm focused on the middle market. We maintain a long term view with no set investment horizon while using a fraction of the leverage used in traditional private equity.

We work with healthy companies that have strong management teams, where we can act as true partners with a shared goal: accelerating potential by removing capital constraints. The executives we invest in are experts in their fields and have built excellent businesses, and as such, we seek to support management’s goals without imposing undue cultural change.


So hopefully long term and not strip and dump. Looks like a good option.
A strip and dump perhaps not but maybe a pump and dump would be a possible option. Remember Genii?
I looked up the company (Linkedin) and they do seem kosher. They also use the term - long term view with no set investment horizon- (OK so they say NO not long, but..)
We are standing on the shoulders of Giants. So don't kick.

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Scorpaguy
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Re: Williams sold to private investment firm Dorilton Capital

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Sad day for Brit F1 fans...even in the bad times their fans stuck with them. I assume there will be significant amounts of anxiety as to how these new Yank owners will treat Frank's legacy (and as Yank...I can say their anxiety is warranted). As I have stated in other posts, F1 is changing, more rapidly now due to Covid and Merc dominance. I fear us old-timers will not recognize the sport in 10 years.

As for Dorilton, I assume their only moves are to find a Stroll-Haas type buyer or hook up with an investor wanting to make a name in motorsport. It seems old/storied F1 teams never die...they just fade away.

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raymondu999
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Re: Williams sold to private investment firm Dorilton Capital

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Scorpaguy wrote:
Fri Aug 21, 2020 2:10 pm
As for Dorilton, I assume their only moves are to find a Stroll-Haas type buyer or hook up with an investor wanting to make a name in motorsport. It seems old/storied F1 teams never die...they just fade away.
Perhaps Ken Anderson and Peter Windsor to be brought in as co-TPs? 🌚
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Big Tea
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Re: Williams sold to private investment firm Dorilton Capital

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raymondu999 wrote:
Fri Aug 21, 2020 2:21 pm
Scorpaguy wrote:
Fri Aug 21, 2020 2:10 pm
As for Dorilton, I assume their only moves are to find a Stroll-Haas type buyer or hook up with an investor wanting to make a name in motorsport. It seems old/storied F1 teams never die...they just fade away.
Perhaps Ken Anderson and Peter Windsor to be brought in as co-TPs? 🌚
Is Seb still job hunting? :oops:
We are standing on the shoulders of Giants. So don't kick.

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raymondu999
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Joined: Thu Feb 04, 2010 6:31 am

Re: Williams sold to private investment firm Dorilton Capital

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I thought most were in agreement that he would be announcing an Aston Martin drive
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the EDGE
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Re: Williams sold to private investment firm Dorilton Capital

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notsofast wrote:
Fri Aug 21, 2020 11:39 am
Acquisition agreements usually include clauses related to a transition period, typically three years. They may say publicly that the team name and location will not change, but that's surely not forever. Besides, why would they keep the name? It has been an entire generation since Williams won anything. An entire generation of young F1 fans who have no connection to the success years. Williams seems to have interesting IP. If that is included in the sale, perhaps they will split that off and sell it at a profit, and maybe the rest could become something like Penske F1 someday. It wouldn't surprise me at all if Liberty is working behind the scenes to get a second US team and maybe this is the way to make it happen.
They bought the brand... the brand is Williams. Why would you change that?

It may end up sharing with a tile sponsor, but the Williams name will stay

And where exactly would you move the team to? 7 out of 10 teams are based in the U.K. including Hass

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Scorpaguy
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Re: Williams sold to private investment firm Dorilton Capital

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I respectfully disagree with some of what has been stated. While I think the Team's location remains unchanged, I fear the "Williams" moniker to be quite endangered. I would think Dorilton will want/need to monetize their investment, and, sadly so, I do not think the "Williams" brand all that valuable in today's/tomorrow's F1.

I hope it does not come to pass, but I fear next year to be the last for the "Williams" name.

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strad
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Re: Williams sold to private investment firm Dorilton Capital

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:( Sad indeed. Can't picture an investment firm sticking it out when they start bleeding money. :(
To achieve anything, you must be prepared to dabble on the boundary of disaster.”
Sir Stirling Moss

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Scorpaguy
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Re: Williams sold to private investment firm Dorilton Capital

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...but I can see them sticking with the "FW" naming system for a bit for reasons of either honoring Sir Frank or placating the rabid Brit fans.

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PlatinumZealot
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Re: Williams sold to private investment firm Dorilton Capital

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raymondu999 wrote:
Fri Aug 21, 2020 2:21 pm
Scorpaguy wrote:
Fri Aug 21, 2020 2:10 pm
As for Dorilton, I assume their only moves are to find a Stroll-Haas type buyer or hook up with an investor wanting to make a name in motorsport. It seems old/storied F1 teams never die...they just fade away.
Perhaps Ken Anderson and Peter Windsor to be brought in as co-TPs? 🌚
:lol: =D>