Williams Racing has launched Williams Grand Prix Technologies, a technology business that will help clients in sectors outside of Formula One tackle engineering challenges.
Confirmed:
- The new company will be based at the team’s technology campus in Grove, UK
- It will target industries like wider motorsport, premium automotive, aerospace, defence, marine, energy, sport and lifestyle
Context:
Prior to the establishment of Williams Grand Prix Technologies in 2024, Williams also had other business interests beyond Formula One. Williams owned a majority stake in Williams Hybrid Power and also established Williams Advanced Engineering, both of which took technology developed for Formula One and adapted it for multiple commercial applications. Williams Hybrid Power was sold to GKN in March 2014 and Williams Advanced Engineering was sold to Fortescue in February 2022.
Comment:
Matthew Savage, chairman of Williams Grand Prix Engineering, said: “Williams Grand Prix Technologies offers a unique mix of engineering experience, expertise and capabilities to solve customers’ problems and we have already received significant interest from a diverse set of clients even before launch.
“We will be using skills and assets that have been established, developed and refined over five decades of competing at the highest level of motor racing on a global stage, which is a unique pedigree that only Williams can offer. Being part of the wider Dorilton group of companies also allow Williams Grand Prix Technologies to offer services from across the group to further enhance the technologies and services available to the customer.”
Coming next:
The Williams Formula One team will be in action again when the series returns to China for the first time since 2019, racing at the Shanghai International Circuit from 19th to 21st April.
Go deeper:
- Inside the deal: Why Williams stepped back into the crypto world with Kraken
- Claire Williams exclusive interview: Why she misses F1, watching Williams from afar, and providing opportunities for women
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