Williams have announced that they have parted ways with Team Principal Jost Capito and Technical Director FX Demaison ahead of the 2023 F1 season, leaving the Grove-based outfit seek for two figures who take on the two key roles within the British F1 team.
After taking on various roles during his 30-year career in motorsport, Capito was announced as the Williams team’s new CEO at the end of 2020. The German, who worked previously for Volkswagen, Porsche, Ford and McLaren’s F1 division, became team principal at Williams in June 2021.
On Monday, Williams announced that Capito will step aside with immediate effect, adding that they will confirm his replacements in “due course”.
“It has been a huge privilege to lead Williams Racing for the last two seasons and to lay the foundations for the turnaround of this great team,” said Capito.
“I look forward to watching the team as it continues on its path to future success.”
Williams Racing Management Update:— Williams Racing (@WilliamsRacing) December 12, 2022
Williams Racing announces that after two years at the helm of the Grove-based outfit as CEO and Team Principal, Jost Capito is stepping aside. pic.twitter.com/w03SQLqrbU
The British squad has also revealed that Technical Director FX Demaison will also leave his post after joining in 2021.
Dorilton Capital Chairman Matthew Savage added: “We would like to thank Jost for his hard work and dedication as we embarked on a major transformation process to begin the journey of reviving Williams Racing.
“We’re grateful that Jost postponed his planned retirement to take on this challenge and now he will pass the reins on for the next part of this staged process. We would also like to thank FX for his contribution and wish him all the best for his future as he moves on," Savage concluded.