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Williams Wants BMW to Buy into Team

Tuesday October 8th, 2002

Team boss Frank Williams has invited German engine suppliers BMW to buy shares of the Formula One team in order to enjoy a more secure future.

"Most of all, I would prefer to make an unlimited contract with BMW, which would run for ever and ever," Williams was quoted as saying in BMW motorsports' website. "It would be ideal for us if BMW wanted to buy shares from us.

"For this would give WilliamsF1 greater security and make it easier for us to make plans."

The Grove-based squad have been powered by BMW engines for the last three seasons following the return of the German giant to Formula One racing after an absence from the sport since the 1986 season.

Williams have a contract with BMW that runs out at the end of 2003, and 64-year old Williams said there will be a closer collaboration with their engines suppliers in order to return to winnings ways.

"BMW wants to be involved in certain processes and technical developments and we're going to put this into practice by and by," Williams added. "We always need an engine and therefore we also need a partner to provide us with that engine.

"In addition, we also require some helpful technical input from them as far as drive or aerodynamics is concerned, but only in certain areas. BMW is disappointed that our car of this year is only little better than last year's - and they have every right to be disappointed."

Williams have been the main rivals to the dominant Ferrari team this year, but they have only scored one win compared to the Italian squad's 14 in 16 races.


Published at 16:25:43 GMT
 

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BMW Not Interested in Williams Shares, Berger Says

Munich, Germany, October 17


Gerhard Berger appeared to brush off Frank Williams’ offer for the manufacturer to buy into his race team (photo by LAT).


Frank Williams, who has been one of the most fiercely independent team bosses in F1, made waves last week when commenting in a interview published on BMW’s corporate motorsport website, "It would be ideal for us if BMW wanted to buy shares. This would give WilliamsF1 greater security and make it easier for us to make plans."

This statement was widely understood to mean that Williams was soliciting a buy-in from his engine partner, which rumors have sugested is considering forming its own in-house F1 team. If that was Williams’ hope, however, BMW Motorsport Director Gerhard Berger appeared to quash it today.

"It's [a Williams share purchase] not on the list for discussion," said Berger. "BMW wants to be more involved in technical matters."

A week before Frank Williams’ surprising statement, the British team had adamantly denied sugestions that 50 BMW engineers would be involved in the design of next year’s Williams chassis. It will be interesting to see what the next move will be….

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"Most of all, I would prefer to make an unlimited contract with BMW, which would run for ever and ever," Williams was quoted as saying in BMW motorsports' website. "It would be ideal for us if BMW wanted to buy shares from us.

"For this would give WilliamsF1 greater security and make it easier for us to make plans."
Without reading the second post of this thread, it looks like an unsolicited response and demand by Williams.It's puts the pressure on BMW to fix the car and become "a life long partner".F1 people are kinda screwy at times with their hidden demands and jabs.BMW should be able to do what it wants when it comes to engines, and is entitled to leave the sport if and when it sees fit.It doesn't need a team owner insinuating any type of blame for a bad season on them.Working a little more closely with Williams would hopely help the team, but I doubt that they merely just build engines and send them to Williams anyways.They have engineers in the garages for Williams.

After reading the second post, BMW is doing the right thing.

Are the rumors of Porsche joining F1 in 2004-05 still around?
 

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porsche joining f1???

whoa... now that would be something. they do have that v10 engine in that new limited-edition porsche which they could use as a starting point. and they are making record profits and recently built their own testing track in germany. but f1 costs a lot of money, i would think they would have to withdraw from some other racing series to finance f1 or they risk spreading themselves too thin. or they might start out like bmw- supply engines and then eventually go at it alone. this could start a great rivalry in f1- porsche vs. ferrari. but i don't see porsche as a f1 racing team, i see them as a more of a 24hr le mans type racing team.

porter
 
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