Back in January, Brad Spurgeon from the IHT F1 Blog spoke of a very good source that told him Williams had sold one-third of its Formula One team to Icelandic Investment company, Baugur. While nothing was confirmed, the thought of it was particularly interesting as Williams have struggled with funds in recent years. Many, myself included, presumed that one day Toyota would buy out Frank’s thirty-year old outfit, but alas it seemed as though that wasn’t the case. And nor was the Baugur deal either, as very little was said. Until today, that is… Continue Reading
