Williams F1 receives major £100 million boost

It has been confirmed to RacingNews365 that Williams F1 sold 100 million shares at a nominal value of £1, raising the team a major £100 million capital injection. 

The Grove-based team sold the shares on October 11, during the three-week break between the Singapore Grand Prix and last weekend's United States Grand Prix. 

Williams sold the shares as a logical move based on the rapidly rising value of each F1 team, in what is the latest sign of Dorilton Capital's – Williams' owners – long-term commitment. 

A Williams spokesperson told RacingNews365: “These filings once again demonstrate the committed long-term support of our owners Dorilton Capital, who are providing the investment required to move Williams Racing up the grid.

“Our continued investment in people, processes, technology and infrastructure, along with our bold ambition and rich heritage, is what has attracted Alex Albon and Carlos Sainz to commit their futures to the team and has led to a host of highly-talented and experienced people from across the paddock to join our mission.”

Dorilton Capital acquired the British team in August 2020 for a reported £152 million, whilst Forbes valued Williams last June at $750 million – the lowest of the 10 teams. 

Since acquiring the team, Dorilton Capital has invested $552.4 million in additional capital, with the latest move being the biggest single move yet. 

Williams has signed Carlos Sainz on a multi-year contract to partner Alex Albon, in a move which would have cost the outfit a significant sum. 

In its recent 2023 accounts, the team published increased losses, with a post-tax deficit of 84.2 million. 

For the outfit currently eighth in the constructors' championship, this figure was £66.3 million more than it lost in 2022.