Williams will not rush into signing a new title sponsor, chairman Adam Parr insists. The famous British team performed woefully in 2011 and lost its naming backer AT&T, yet recently revealed improved turnover and profits. And Parr told Reuters the Grove based team has more than $45 million in the bank. "I am very satisfied with what we have done overall with the business," he said.
"We don't have a title sponsor at the moment and obviously that's an important initiative for us. But it's something that you have to get right because your title sponsor is the most visible of your partners," Parr explained. "In many ways, it sets the character of the team. You want a title partner who is very active in the way they promote and activate the partnership. This is not something we are going to rush into, this is something we want to get right."
For the moment, Williams' main source of income appears to be the controversial deal with Venezuela's state-owned oil company PDVSA, including Pastor Maldonado as driver. "PDVSA is an important partner of the team in financial and other respects but it is by no means the only one," insisted Parr. (GMM)
Williams takes time to get new title sponsor right
- Published on 13 Mar 2012 10:54
-
0
- By: Rob Veenstra
.
Trending news
-
Why Bernie Ecclestone thinks Formula 1 is heading the wrong wayBernie Ecclestone has launched a broadside against Formula 1's current trajectory, arguing that the sport has los...
29 Jun 2026 16:21 -
What Verstappen really thinks about Antonelli's championship leadMax Verstappen has described Andrea Kimi Antonelli's championship-leading rookie season at Mercedes as "some...
29 Jun 2026 15:19 -
Is Webber already planning Piastri's Red Bull escape route?Oscar Piastri's manager Mark Webber is preparing contingency plans for the Australian driver to leave McLaren, ac...
29 Jun 2026 14:17 -
Red Bull intensifies talks with Verstappen's manager as exit loomsRed Bull Racing held another round of talks with Max Verstappen's manager Raymond Vermeulen on Saturday, seeking ...
29 Jun 2026 13:16 -
What Zak Brown really said about signing Max VerstappenZak Brown has addressed speculation linking Max Verstappen to McLaren for the first time, stating that while he has n...
29 Jun 2026 12:14
Azerbaijan Grand Prix
Local time
-
Friday
Saturday
Sunday
Azerbaijan Grand Prix
Local time
-
Friday
-
Saturday
-
Sunday
-
Friday
-
Saturday
-
Sunday
Test calendar
Circuit de Catalunya - Winter testing
-
Jan 26
I. Hadjar
- 1:18.159
-
-
-
Jan 27
M. Verstappen
- 1:19.578
-
-
-
Jan 28
A. Antonelli
- 1:17.362
-
-
-
Jan 29
G. Russell
- 1:16.445
-
-
-
Jan 30
L. Hamilton
- 1:16.348
-
-
Bahrain International Circuit - Winter testing
-
Feb 11
L. Norris
- 1:34.669
-
-
-
Feb 12
C. Leclerc
- 1:34.273
-
-
-
Feb 13
A. Antonelli
- 1:33.669
-
-
Bahrain International Circuit - Winter testing
-
Feb 18
G. Russell
- 1:33.459
-
-
Feb 19
A. Antonelli
- 1:32.803
-
-
Feb 20
C. Leclerc
- 1:31.992
-
-
World Championship standings 2026
Pos
Driver
Team
Points
Pos
Team
Points
Related news
Give your opinion!
Formula 1 Calendar - 2026
Date
Grand Prix
Circuit
-
Spain
-
Bahrain
-
Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
-
Spain
Circuit de Catalunya
-
Bahrain
Bahrain International Circuit
-
Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
Driver profile
- Team Renault
- Points 27
- Podiums 0
- Grand Prix 19
- Country VE
- Date of b. Mar 9 1985 (41)
- Place of b. Maracay, Aragua, VE
- Weight 68 kg
- Length 1.73 m
- 27,547 comments on Renault
9 members have this team as their favourite
Tweets about Pastor Maldonado
Team profile
- Team name Williams
- Base Grove, Oxfordshire, United Kingdom
- Jacques Villeneuve 1
- Logan Sargeant 2
- Ayrton Senna 2
- Jacques Villeneuve 3
- Nicholas Latifi 6
- Jacques Villeneuve 6
- Nico Rosberg 7
- Nico Hülkenberg 10
- Nico Rosberg 10
- Jenson Button 10
- Pastor Maldonado 12
- Pastor Maldonado 16
- Nico Rosberg 16
- Nico Rosberg 16
- Valtteri Bottas 17
- Lance Stroll 18
- Pastor Maldonado 18
- Felipe Massa 19
- Alexander Albon 23
- Sergey Sirotkin 35
- Nyck de Vries 45
- Carlos Sainz jr 55
- George Russell 63
- Valtteri Bottas 77
- Robert Kubica 88
- 161,379 comments on Williams
- 39 members have this team as their favourite
- Tweets about Williams
Replies (0)
Login to reply