Williams to Become Majority Stake Owner of Williams Hybrid Power

Frank Williams might have sold a small part of his Formula One team for the first time in 30 years, but the British team owner is now planning to purchase a bigger stake of the Williams Hybrid Power company for the future.

Williams Hybrid Power is actually the name given by Frank Williams to British company Automotive Hybrid Power, after the Brit bought 40 percent of it and relocated it to his team’s base in Grove (back in 2008). The company was contracted by the 67-year old to develop a flyw… (read more)