Vitaly Petrov

sportsman

Sidecar racers have the biggest cojones
Contributor
Frank Williams is not in charge of running the team anymore though he is a major shareholder. Adam Parr appears to be calling the shots

If Petrov can get some rich Russian oil billionaire to back the team then he could turn the seat in his favour...even the Russian government to back him..though may not please the Austrian owners of the team
Toto Wollfes holdings in Williams.He is the only Austrian share owner.No one can own more than 49.9 of the share.
Sir Frank Williams CBE, one of the members of the Board of Directors, holding directly 5,670,000
Shares representing 56.7% of the issued share capital of the Issuer as at 7 February 2011, is selling up
to 640,000 Shares under the Offering.
Mr Head, one of the members of the Board of Directors, holding directly 2,350,000 Shares representing
23.5% of the issued share capital of the Issuer as at 7 February 2011, is selling up to 1,769,383 Shares
under the Offering.
Mr Wolff, one of the members of the Board of Directors, holding indirectly (through WHL and WIHL)
1,630,000 Shares representing 16.3% of the issued share capital of the Issuer as at 7 February 2011, is
selling in the event of the exercise of the Over-Allotment Option up to 330,000 Shares under the Offering.
The Selling Shareholders have entered into the WHL Agreement with WHL whereby, dependent on the
success of the Offering, they may become obliged to transfer (in the ratio 70:30 as between them) up to
the value of 228,130 Shares in Shares and/or cash to WHL (provided always that Sir Frank Williams
CBE will not be required to transfer any Shares if that would result in his holding of Shares falling beneath
50.1% of the issued share capital of the Issuer). Dependent on the outcome of the Offering, it is
possible that up to 240,670 Shares may be transferred by WHL to the Selling Shareholders (in the ratio
70:30 as between them).
 

Il_leone

Champion Elect
Toto Wollfes holdings in Williams.He is the only Austrian share owner.No one can own more than 49.9 of the share.
Frank would rather see the team go to grave with him than sell up and give ownership away

But he is no longer involved in running of the team,
 

Il_leone

Champion Elect
Then why did you say this
If someone else comes in with more money to run the team or sponsor it. They've got more weight and power especially if they know money is tight for the team.

Frank has been surviving with the team the last few years having sponsored drivers with plenty of money. Previously Frank in Williams success days could ignore the pressures of sponsors or engine partners to a point

Now if some Russian billionaire come in with a lot of money with Petrov I think Frank would want them and shove out the Austrians if that was the case along .

He would still want to be the main owner so the other owners will have to relinquish some of theirs. Frank and Patrick could sell some of their shares to give the Russians more ownership than the Austrians
-----------------------

Remember the share price of Williams has dropped since it was issued on the stock market makes it easier for someone else to buy it up if it were and own more than the Austrian
 

sportsman

Sidecar racers have the biggest cojones
Contributor
I am well aware of the Williams GP Holdings share price.Williams GP Holdings also includes Williams Flybrid power.
That is why when they went right down to €12 each I decided that it was a good time buy them.
They at €16.80 today.

You might do well to read this.
http://www.williamsf1.com/news/view/2028 Speaking first of Pastor, AT&T Williams Team Principal Frank Williams said, “Pastor has proven this year that he is not only quick but also that he is able to maintain a consistent and strong race pace. Pastor has been responsible for all of our forays into Q3 in 2011 and his race at Monaco was outstanding. Pastor has also settled into the team at Williams very

well, contributing strongly in the factory and with our partners. He will play a critical role in 2012 as we rebuild the team and move forward.”
 

teabagyokel

#dejavu
Valued Member
Ex Clip The Apex Ray from Toronto annoyance owns Williams shares. FACT.

Bet thats put some of you off them
I expect he'll be in the Williams garage, still trying to look lovingly into Fernando's eyes LOL.

Anyway, this is the VP thread, so is he getting the Williams drive?
 

Il_leone

Champion Elect
There is still a possibility that Caterham want to part with Trulli and pay off his contract and I don;t blame them because they will not get anything more out of Trulli
 

Il_leone

Champion Elect

Viscount

Pole Sitter
Contributor
The rumours have been going on for a while an now it's official, Petrov has replaced Trulli at Caterham.

http://www.autosport.com/news/report.php/id/97552

I think it'll be a good thing. By signing Trulli Caterham enhance their Renault/Lotus link, Petrov brings more money to develop the car and with Trulli's power steering problems last season and therefore difficulty to 'feel' the car, Petrov will also be able to give better feedback to the engineers.
 

RasputinLives

Not dead
Contributor
To be honest I'm a bit dissapointed Petrov is back. I think he had 2 years and we didn't really see anything from him and with the how sparse F1 seats are I think we've replaced one blocker (Trulli) with another. Would have liked to have seen them give Van Der Garde a go - or Rossi liked they planned to next season.
 

ExtremeNinja

Karting amateur
Contributor
He got a podium last year and had some good races. I think he has value. Value enough to be afforded another year to mature. He is going backwards down the grid, so it's not like everything is falling into his lap.
 

RasputinLives

Not dead
Contributor
He got a podium last year and had some good races. I think he has value. Value enough to be afforded another year to mature. He is going backwards down the grid, so it's not like everything is falling into his lap.
Guess not - just rather see the seat go to someone on their way up than on the way down. He may prove me wrong - we'll see.
 

FB

Not my cup of cake
Valued Member
I don't think he's floundered, he's done a workman like job but that's it. Wouldn't F1 be better if there were lots of young guns getting drives than a sea of journey men making up the last 80% of the grid?
 
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