About

Williams is one of the world’s leading Formula 1 teams. It exists purely to race in the top echelon of motor racing, where it has been winning grands prix for more than three decades.

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Our Partners

Williams has always been a family-run team and the family ethos extends to our partners, who support us every step of the way during the season. Find out more about our Official Team Partners below.

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Our People

Williams is a human capital business, with a wealth of diverse and driven team members all working towards the same goal. Find out more about our people below.

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Our History

Williams Grand Prix Engineering Ltd is founded by Frank Williams and an ambitious British engineer called Patrick Head. The company is based in an empty carpet warehouse in Didcot, Oxfordshire, and enters a purchased March chassis in order to compete in F1 during the latter half of the season.

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News

The latest racing news from Williams.

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Season Stats
  TEAM POINTS
1 MERCEDES 504
2 RED BULL 240
3 RACING POINT 154
4 MCLAREN 149
5 RENAULT 136
6 FERRARI 130
7 ALPHATAURI 89
8 ALFA ROMEO 8
9 HAAS 3
10 WILLIAMS 0
Esports

Williams Esports will compete in a range of online sim racing competitions this season. The team’s roster of elite gamers will represent Williams, racing in series and events on multiple platforms during the year.

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JOIN THE TEAM

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About Us

Williams Advanced Engineering Limited is technology and engineering services business. The company combines cutting edge technology and the industry’s best engineers, with precision and speed to market derived from four decades of success in the ultra-competitive environment of Formula One.

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Capabilities and Technologies

The core competencies of Williams Advanced Engineering are sector agnostic and do not apply only to motorsport or even automotive. Already this expertise is being applied to sectors as diverse as retail and defence. If a company requires support in any of these areas of competence, the people at Williams Advanced Engineering can provide it.

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Motorsport

Williams Advanced Engineering has a dedicated Motorsport group. This multidisciplinary design and engineering team have supported numerous championship winning clients.

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Technology and Innovation

The people at Williams are problem solvers, tackling the most complex engineering challenges on a daily basis. Customers come to Williams for help with their new innovations.

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Aerodynamics and Thermodynamics

Williams Advanced Engineering is unique in the desire and capability to apply expertise in high level simulation and aerodynamic know-how from the pinnacle of motor racing to other sectors. Born out of Formula One, working faster than almost anyone else, customers receive an advantage of speed of response and top of the range people, hardware and software providing full aerodynamic services.

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Electrification

Williams Advanced Engineering has created very high performance batteries in the Formula E programme, at the cutting edge of battery performance and management. Formula E is a test bed for electrification and new technologies that is now being transferred into prototype vehicles and road cars in award-winning projects.

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Advanced Lightweight Structures

Williams Advanced Engineering is using its breadth of experience in lightweight materials from Formula One, where lightweighting can make a significant difference on track, and other projects to offer new ideas and solutions to industry.

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Vehicle Programmes

Working with customers, the teams at Williams Advanced Engineering set targets to define the product concept, analyse, evaluate and optimise it, before then real world development refines the result to perfection.

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Specialist Product Delivery

From productions runs of one to the low hundreds, the people at Williams Advanced Engineering are experts in the quality manufacture of high performance products across industry.

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Business Dynamics

Taking lessons from four decades of success in Formula One to help clients apply high-performance philosophies to their own organisations, Williams Advanced Engineering uses data to setup for success, views regulation changes as an opportunity to gain competitive advantage while combining an understanding of whole system dynamics with detailed analytics, bringing understanding of human performance and developing high performance teams.

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Foresight Williams Technology Funds

Launched and managed by Foresight Group, the Fund benefits from a unique collaboration between Williams Advanced Engineering and Foresight Group, combining technological expertise from Williams and Foresight's track record in financial management.

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Simulation

Williams has extensive experience using state-of-the-art simulators in Formula One allowing drivers to prepare more effectively for Grand Prix.

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Manufacturing

The Williams Advanced Engineering people and facilities deliver world-class products for the company’s own projects and for customers.

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Working with us

Williams Advanced Engineering is the technology and engineering services business of the Williams Group, providing world class capabilities to deliver energy efficient performance to customers and address the challenges of 21st century mobility and sustainability. Williams Advanced Engineering is also constantly searching for more top talent to deliver for the company and its customers.

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Contact Us

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Williams Advanced Engineering and OXIS Energy collaborate to advance cleaner transport in the marine sector

Williams Advanced Engineering is working with fellow Oxfordshire-based firm, OXIS Energy Ltd, on the production of a world-first battery system, designed for an all-new 40ft electric luxury boat.

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Williams Advanced Engineering and OXIS Energy collaborate to advance cleaner transport in the marine sector

Williams Advanced Engineering is working with fellow Oxfordshire-based firm, OXIS Energy Ltd, on the production of a world-first battery system, designed for an all-new 40ft electric luxury boat.

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Event Rooms

10 multi-purpose event rooms offering great flexibility for events of up to 200 guests in a modern and inspiring surrounding

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Driver Suites

The Ayrton Senna, Piers Courage and Alan Jones driver suites

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Circuit Gallery A

The Monza and Hockenheim meeting rooms

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Circuit Gallery B

The Barcelona, Estoril and Jerez event rooms

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Museum & Tours

Housed in the award-winning Williams Conference Centre is Sir Frank Williams' private Williams Grand Prix Collection, the largest of its kind in the world, spanning the history of the Williams F1 team since 1978

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Gift Vouchers

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Activities

A wide range of activities are available at the Williams Conference Centre and can be used for team building and hospitality days or to enhance your events.

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Race Day Hospitality

Hosted at the Williams Conference Centre we offer a unique way to view an F1 race, with a review of qualifying, an exclusive live link up to a team member from the track, followed by the race itself

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Dining & Celebrations

We not only pride ourselves on the first class facilities and service we offer at the Williams Conference Centre, but also on our 5 star catering. Our in-house caterers offer the highest standard of cuisine, where possible using local organic suppliers and fair-trade produce

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Private Dining

As part of the first class facilities and service we offer at the Williams Conference Centre, we pride ourselves on our 5 star catering

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Car History

Williams Car History

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Guardians Of Honour

Williams has an ever-growing catalogue of illustrious Grand Prix cars. Now Jonathan Williams and Dickie Stanford must dovetail this sumptuous history with the high-flying Formula 1 team of today

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Williams Corporate Banner

Williams Grand Prix Holdings PLC: Shareholder Circular and Notice of General Meeting - proposed return of value, recommended members' voluntary liquidation and delisting

28 Sep 2020

The Board of Williams (ISIN DE000A1H6VM4) resolved today, following the announcement of the sale of Williams Grand Prix Engineering Limited, the Company's operating subsidiary, to BCE Limited, a fund managed by Dorilton Capital Management LLC on 21 August 2020 (the "Transaction"), to propose a return of value to shareholders (the "Return of Value") to be implemented by way of the members' voluntary liquidation (the "Members Voluntary Liquidation").

In order to comply with applicable companies legislation, the Return of Value and the Members' Voluntary Liquidation require approval by the shareholders at a general meeting of the Company (the "General Meeting") and a circular (the "Circular") will be posted to shareholders shortly convening a general meeting to be held at 2.00 p.m. on 27 October 2020.  Shareholders will be asked to consider and, if thought fit, pass the resolutions required to implement the Return of Value and the Members' Voluntary Liquidation at the General Meeting.

Following the Transaction and in light of the proposed Return of Value and Members' Voluntary Liquidation, the board consider that it is no longer appropriate for the Company to continue to be listed on the Frankfurt Stock Exchange.  Accordingly, the directors resolved today to notify Deutsche Börse as operator of the Frankfurt Stock Exchange of the Company's intention to cancel the Company's admission of the Ordinary Shares to trading on the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), such cancellation to take place as soon as possible following adoption of the proposed resolutions to implement the Return of Value and the Members' Voluntary Liquidation at the General Meeting, but at the latest by 30 December 2020 (the "Cancellation"). 

If the Resolutions are passed to place the Company in Members' Voluntary Liquidation, Sean Croston and Richard White (each being a qualified insolvency practitioner) of Grant Thornton UK LLP will be appointed as joint liquidators to the Company (the "Liquidators") on terms which have been agreed by the Board. Upon the appointment of the Liquidators, all powers of the Board will cease (except so far as the Shareholders or the Liquidators sanction their continuance) and the Liquidators will be responsible for the affairs of the Company until it is wound up.  Following their appointment, the Liquidators will assess the Company's financial position and, when they are in a position to do so, intend to make an initial cash distribution of approximately 95% of the Company's projected surplus assets to Shareholders (in proportion to their holdings), subject to an assessment of the Company's liabilities and tax position and reservation of funds to discharge the liabilities of the Company.  It is expected that the Liquidators will distribute the initial Return of Value to shareholders in the week commencing 23 November 2020.

On winding-up the Company, the assets of the Company available for distribution are to be distributed pro rata amongst the holders of the Ordinary Shares according to the amounts paid up or credited as paid up on such Ordinary Shares.

In conclusion, the Board believes that it is in the best interests of the Company and shareholders to approve the Proposals. 

General Meeting

A notice convening the General Meeting to be held at the Williams Conference Centre at Station Road, Grove, Oxfordshire OX12 0DQ at 2.00 p.m. on 27 October 2020 will be posted to shareholders today.

The Company has received irrevocable undertakings from each of Sir Frank Williams and Brad Hollinger to vote in favour of the Resolutions at the General Meeting in respect of, in aggregate, 6,547,963 Ordinary Shares representing 65.48 per cent. of the existing issued ordinary share capital of the Company.

Timetable

Posting and publication of the Circular and Notice of General Meeting and notification of the Cancellation provided to Deutsche Börse

28 September 2020

Latest time and date for receipt of Forms of Proxy from Shareholders for the General Meeting

2.00 p.m. on 23 October 2020

Record date for those Shareholders on the Register entitled to attend and/or vote at the General Meeting

2.00 p.m. on 23 October 2020

Close of Register and record date for participation in the Members' Voluntary Liquidation

6.30 p.m. on 26 October 2020

General Meeting

2.00 p.m. on 27 October 2020

Announcement of the results of the General Meeting

27 October 2020

Appointment of the Liquidators

27 October 2020

Expected date of the Cancellation

On or about 28 October 2020, but no later than 30 December 2020

Initial Return of Value to Shareholders expected to be paid week commencing

23 November 2020*

The above future dates are indicative only and may be subject to change by the Company, in which event details of the new times and dates will be notified via a Regulatory Information Service.  Certain of the events in the above timetable are conditional upon, amongst other things, the approval of the Resolutions at the General Meeting.

Different deadlines and procedures may apply in certain cases. For example, if you hold your Ordinary Shares through a nominee, that person may set an earlier date for the satisfaction of any actions than the dates noted above.

References to times in this document are to London time unless otherwise stated.

* Actual date to be determined by the Liquidators.

 

No mechanism to enable the Company's shares to be traded following cancellation will be made available to shareholders and the Company's shares will not be transferable once the Company enters liquidation without the consent of the Liquidators.

For further information please contact the following:

Williams Grand Prix Holdings plc

Tel: +44 1235 777 842

 

Tim Hunt