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Williams F1 racing chairman resigns
7:20pm Tuesday 27th March 2012 in Business
THE chairman of Grove-based Formula 1 motor racing team Williams has resigned.
Team founder Sir Frank Williams said Adam Parr, who will leave on Friday, wanted to pursue “a better life balance”.
Mr Parr said, “I am very grateful to Frank for giving me the opportunity to work for Williams over the past five years – a period that has been both challenging and rewarding.”
Sir Frank added: “Adam’s achievements have surpassed my expectations and I must thank him for his service, not least for the decisive role he played in the technical changes made last year which are beginning to show.”
The Williams team scored its first points of the season on Sunday after Bruno Senna finished sixth in the Malaysian Grand Prix.
Nick Rose has been appointed non-executive chairman.