Williams have announced plans to seek a "new strategic direction", the team now accepting bids for a full or partial takeover. A proud independent team competing against giants of the automotive industry, Williams has struggled amid the financial pressures created by the coronavirus pandemic and, when coupled with the poor on-track performances of recent years, the team has been forced to make a tough decision. Article continues under video A statement from Williams read: "The WGPH [Williams Grand Prix Holdings] board is undertaking a review of all the various strategic options available to the Company. Options being considered include, but are not limited to, raising new...
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