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I doubt if the high nose in front of the wheel centerline would be the preferable location for ballast.
This is an interesting point regarding the Williams nose. However this may shed some light on the Renault's nose cone, which appears to be lower. To the extent that this nose holds balast (which I read somewhere that it does) it seems unlikely that it is a decoy, as you would think that a car is developed around its weight distribution.
Does this make sense ?
“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so" - Mark Twain