Photo by Dan Mullan/Getty Images Source: Getty ImagesĪ further boost to Latifi’s prospects is that he’s notably improved since receiving a chassis change at the British Grand Prix in July, and the 27-year-old wants his team to judge him on his performance since then rather than on his underwhelming start to the new regulatory era.
#Williams f1 2021 driver
Latifi, who has underperformed alongside new teammate Alex Albon, was set to make room for Piastri, but the seismic twist in the driver market has left Williams without an obvious alternative to the popular Canadian. Williams had been preparing to welcome Piastri on an Alpine-backed loan deal from next season when the Aussie F2 champion suddenly cut ties with the French team earlier this month. Oscar Piastri’s Alpine defection continues to reverberate through Formula 1, with Williams driver Nicholas Latifi hoping the sudden lack of clear successor to his seat will secure his place in the sport for a fourth season. Picture: David Caird Source: News Corp Australia However, Giovinazzi has also been linked to Haas as a potential replacement for Schumacher should the team decide the German’s rate of progress isn’t great enough to warrant retention. Haas boss Guenther Steiner said he was giving Giovinazzi two sessions on the request of Ferrari, with which his team has a technical and driver partnership. That means Haas will need to find a further two races to run a junior in the nine rounds remaining.
#Williams f1 2021 drivers
The Italian’s 62 career starts with Sauber, including three full-time seasons in 2019–21 before being dropped for Zhou Guanyu, means he doesn’t qualify for the rule requiring each team to give up two FP1 sessions to rookie drivers each year.
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The 28-year-old, who currently races in Formula E, will make his appearances at the Italian and United States grands prix, with Mick Schumacher and Kevin Magnussen giving up one session each.
#Williams f1 2021 free
The market value of Williams is reported to be 120m euro (£106m) and they are not expected to be affected as much as other teams by the budget cap being introduced into F1 next year.įollow us on Twitter like our Facebook page.Antonio Giovinazzi will get back behind the wheel of an F1 car for two free practice sessions with Haas as the American team firms its driver line-up for 2023. Michael Latifi is considered to be the most likely candidate to buy Williams, although he also owns 10% of the rival McLaren team. “That gave the funding for 2019 in totality and into 2021,” says Forbes’ source.Īlongside George Russell, Latifi’s son Nicholas will drive for the team this year and is set to make his F1 race debut in the Austrian Grand Prix.
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The second step followed a few months later when Canadian food processing tycoon Michael Latifi led a consortium which refinanced Williams’ debt, giving it an injection of $45m (£35m).
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This was sold for $56.2m (£45m) in December, yielding the team a net of around $37.5m (£30m). The first was the sale of a 75% stake in its Advanced Engineering division which applies the team’s F1 knowhow to other industries. In terms of cashflow, Forbes say “two significant steps” have been taken by Williams. Williams have enough money to complete the 2020 Formula 1 season and go through into next year despite being up for sale, according to Forbes.įollowing the global health pandemic that has delayed the start of F1 action, which begins with the Austrian Grand Prix on July 5, Williams announced last month they had commenced a “formal sale process” and are considering the “sale of the whole company”.įorbes have reported that a source close to negotiations regarding the proposed sale has told them the timeframe for a sale is “three to four months” and that the team are “already starting to see a number of quality options develop”.