2021 Williams F1 Team

[Wouter]

[Big Tea]

So, do we gat an Albon paradox now?

[ScottR267]

[proteus]

Well that is nice to hear. So they managed to get themself a healty share of the budget for 2022 season.

On the other hand it is quite obvious how desperate the situation at Williams was, if i understand correctly that title sponsorship was supposed to be worth arround 5 million pounds per season.

[Moctecus]

Well that is nice to hear. So they managed to get themself a healty share of the budget for 2022 season.

Unfortunately, Williams haven't actually received any money from Rokit yet. They are taking the case to the California District Court to confirm/enforce the Award granted to them by the LCIA (London Court of International Arbitration).

On the other hand it is quite obvious how desperate the situation at Williams was, if i understand correctly that title sponsorship was supposed to be worth arround 5 million pounds per season.

£3.5-5m refers to the sizes of the individual instalments in which the sponsorship was to be paid out. Williams were found to be owed 3 instalments from each of the two sponsorship contracts (Rokit and Rokit Drinks) worth a total of £24.5m.

[Stu]

That is a big chunk of cash to be short of, it looks as though Claire Williams was doing a much better job than she has ever been given credit for. That sort of short-fall could have resulted in them selling out to Dorilton.