On the heels of Honda’s decision to leave the sport once again, there’s not a whole lot of good news at the moment, as we all know, the global economy isn’t exactly rosy at the moment.
Meanwhile there’s more bad news for Williams, as title sponsor AT & T has just announced impending layoffs for 12,000 company employees, while reportedly Lenovo is also set to depart the Grove based squad in 2009 and head to rival British based team McLaren.
Meanwhile, Brazilian oil concern Petrobras, who’s previously stated its leaving Sir Frank’s operation, may wish to rethink this strategy upon Honda quitting F1, if a new suitor cannot be found, which is exactly the same strategic move current F1 piloto NICO Rosberg may wish to do in regards to his latest talk of potentially quitting Williams?
Yet, on the positive side, sir Frank has just been awarded the Colin Chapman Trophy at this year’s BRDC Awards Banquet. The Colin Chapman Trophy is awarded to an individual "who has shown great team spirit, be it a driver, team owner, engineer or similar," as Sir Frank has emphatically stated.” We only exist to race.”
Swiss watch maker Oris has just announced an extension of its contract with the Williams team.
“I am delighted that Oris, together with Philips and Allianz have all recently extended their partnership agreements with the team. Oris can be assured of our best endeavours to return their confidence in the team with measurable commercial dividends next year, and I hope today’s agreement will be the first two yearstep to Oris joining team partners such as Allianz and Accenture who have sponsored us for over a decade.”
(Source: F1 Uncovered.com)