Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Your use of this website constitutes acceptance of our Privacy Policy and Terms & Conditions. Are they going to Ferrari or Sauber (Alfa) in advance to the arrival of Audi?! Last modified on Tue 13 Dec 2022 04.34 EST Williams have announced the team principal and chief executive, Jost Capito, will step aside before the 2023 Formula One season. Its fair to say that 2022 wasnt the year the team was hoping for, finishing last in the Constructors championship , Although his departure is likely linked to their poor performance in 2022, or perhaps a change of direction for Jost, we like to think its because Capito just cant come to terms with being apart from Nicholas Latifi next year . Alex and Logan preview the Bahrain Grand Prix, PWP: Make your calls and hear from The Strategist, Five things to know ahead of the Bahrain Grand Prix, the Williams Group, under licence to Williams IP Holdings LLC. He replaces Jost Capito, who left the squad at the end of 2022 after just two seasons, and will be only. We would also like to thank FX for his contribution and wish him all the best for his future as he moves on., Capito said that he will look forward to watching the team as it continues on its path to future success.. The Williams F1 team, which won nine constructors' championships in the 1980s and 1990s, finished last in four of the last five F1 championships following a steady decline in recent decades. 2:01. New loophole could undermine F1s budget cap Szafnauer, We didnt develop fast enough McLaren explain efficiency problems and target fix, Tost refutes rumours Red Bull will sell AlphaTauri team, Bahrains main DRS zone shortened for 2023 grand prix, Bottas sees step up in performance and reliability improvement of new Alfa Romeo, Albon believes year out of F1 improved him as a driver, Hamilton sees diversity gains in F1 years on from his traumatising experience of racism, Verstappen returns to Drive to Survive as season five launch date is confirmed, Why first Alonso and now Williams backed young Argentinian racer Franco Colapinto, Why a former Williams sponsor was told to pay the team 26 million, Read more about Will Wood, find all their articles and get in touch with them, Find out more about RaceFans and contact us here, Become a RaceFans Supporter to hide this ad and others. Capito isnt the only one leaving his role either, asTechnical Director, FX Demaison, is stepping down too. What if Jost is leaving to join the Audi-Sauber partnership because of his ties to the VW group? Jere (@jerejj) 13th December 2022, 11:07, 2023 Collantine Media Ltd | About RaceFans, Honda Racing Corporation registers to enter F1 as power unit manufacturer in 2026, Replacing Chinese GP on 2023 calendar not worth it for teams Domenicali, Hamilton and Bono 10 years of F1s most successful driver-engineer duo, F1 in strongest position ever says Domenicali as revenue hits 2bn in 2022, F3 grid complete as Hitech sign GB3 champion Luke Browning. During his first season, Williams ended eighth in the Constructors ahead of Alfa Romeo and Haas but regressed to 10th in 2022. F1 quiz: Can you name the 2023 F1 circuits by their layouts? Promoted content from around the web | Become a RaceFans Supporter to hide this ad and others. After the 2022 F1 season, most of the team principals shifted from one team to another. Williams stated that a new team principal would be appointed in due course, as would a new technical director after FXDemaison also left his post. Capito is the second F1 team principal to leave his role since the end of the 2022 season in Abu Dhabi last month following Mattia Binotto's departure from Ferrari. F1 quiz: Guess the Grid: 2000 Australian Grand Prix. Swiss-based Sauber, who run the Alfa Romeo team, could also be under new leadership with current principal Frederic Vasseur considered a favourite to take over from Binotto at Ferrari. The former Mercedes man will be just the third. Roberts added: "It has been a pleasure to take on the role of team principal following the departure of the Williams family from the sport. F1 Team Principals for the 2022 season: Mercedes- Toto Wolff Red Bull- Christian Horner Ferrari- Mattia Binotto McLaren- Andreas Seidl Alpine- Otmar Szafnauer AlphaTauri- Franz Tost Aston Martin- Mike Krack Williams- Jost Capito Alfa Romeo- Frederic Vasseur Haas- Guenther Steiner Well, this is unexpected! The plot thickens!!!! This could be reinforced with the rumours that Fred Vasseur is going to Ferrari. McLaren - Andreas . Roberts joined the team from McLaren in June, 2020 as managing director and became acting team principal in September when former deputy team principal, Claire Williams, and the Williams family sold the team to Dorilton Capital. New year, new season, new Team Principal!- - - - - Formula 1 Game Playlists - - - - - F1 22 F1 22 DRIVER CAREER MODE Playlist https://youtube.com/pl. Capito, a former Volkswagen director of motorsport, had been set to retire before accepting an offer to join Williams first as CEO, then as team principal from June of 2021. Williams F1 team principal James Vowles has confirmed that hiring a new technical director is the team's 'number one' prerogative heading into the 2023 F1 season. He was promoted to team principal in December last year when Capito joined as CEO. Capito led Williams since the multiple world championship-winning team was purchased by Dorilton Capital in 2020. What exactly does an F1 team principal do in grands prix? Looks very probable, Williams even put a reference to Capitos planned retirement in their press statement. F1 Academy announced an important development, as the new all-female championship takes shape after months of secrecy around . Williams Announce The Departure Of Team Principal Jost Capito, Martin Brundle REACTS to your F1 Hot Takes. He comes to Williams with two decades of experience in F1 and extensive knowledge of Mercedes, having spent his career working at the Brackley-based team through several different ownerships as far back as its time as British American Racing. Vowles' predecessor Capito was employed by current owners Dorilton Capital to turn the team around after the investment company bought it from the Williams family in August 2020. "However, with the transition well underway I am looking forward to a new challenge and wish everyone in the team well for the future. pic.twitter.com/b3zdKnualg, Logan Sargeant (@LoganSargeant) December 12, 2022. How was Alonso so fast on day one of 2023 F1 testing. (This includes the Reuters Weekend Briefing.) Williams parted ways with Jost Capito at the end of 2022 and replaced him with Vowles, who previously worked with Mercedes as their race strategist. On an F1 grand prix weekend, the person in overall charge of the race team is the team principal. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. For the past eight years, the. This came after former team chief Jost Capito stepped down from the role in late 2022. Despite the FW44 showing promising pace at times - particularly in the hands of Alex Albon, who qualifies an outstanding ninth at Spa - score just eight points across the season, leaving the team 10 th and last in the final standings.. Official Williams memorabilia > Williams have announced that team principal Jost Capito and technical director Francois-Xavier "FX" Demaison are both stepping down from their positions. Reuters Daily Briefing All the news you need to start your day. We would also like to thank FX for his contribution and wish him all the best for his future as he moves on., F1 announce sprint races for Azerbaijan, Austria, Belgium, Qatar, US and Brazil, Original reporting and incisive analysis, direct from the Guardian every morning. Claim your unique Driver Card today and officially become a member of the team. Ferrari team principal Mattia Binotto offered his resignation at the end of the month following Ferraris disappointing end to the 2022 season, where the teams championship challenge faded and rivals Red Bull claimed both world championship titles. Audi Media Center has announced Andreas Seidl will be Sauber Group CEO, effective 01.01.23!!!!!!! LONDON, Dec 12 (Reuters) - Williams Formula One team principal and chief executive Jost Capito is stepping aside after two years in charge and technical director Francois-Xavier Demaison is also leaving, the former champions said on Monday. In a statement shared by the Williams team on social media, they broke the news that Jost would be stepping aside as both the team boss and CEO of the Grove-based team. Simon Roberts will stand down as Williams team principal following an internal restructure that will result in CEO Jost Capito taking over the role. By Chris Medland | December 12, 2022 12:03 PM ET Williams has announced the departures of team principal Jost Capito and technical director Francois-Xavier Demaison. Lando Norris quiz: How well do you know the McLaren man? But why remove Demaison as well? Capito joined as CEO at the end of the 2020 season, taking over as team principal from Simon Roberts in June of 2021. Let us know! The Williams F1 team, which won nine constructors' championships in the 1980s and 1990s, finished last in four of the last five F1 championships following a steady decline in recent decades. Ferrari - Mattia Binotto - 2019. A team statement on Tuesday said the move is part of streamlining exercise aimed at moving Williams back to the front of the grid. Williams has tremendous potential, and our journey together starts in a matter of weeks.". Williams has appointed Mercedes' Formula 1 strategy director James Vowles as its new team principal ahead of the 2023 season. Williams announced on Friday that Vowles, who has served as the . Jost Capito, the Team Principal of Williams Racing, wont be continuing in his role for next season . James joined on 20th February from Mercedes AMG Petronas F1 Team, bringing a wealth of experience and strategic capabilities that will lead the team and help push Williams Racing both on and off-track. Ahead of the 2023 FIA Formula One World Championship season, Williams Racing announces that, after two years at the helm of the Grove-based outfit as CEO and Team Principal, Jost Capito is stepping aside. Like a conductor of an orchestra, when things go well, the team principals job is safe. Moreover, when a team is faced with criticism or something needs explaining, it is the F1 team principal, like Williams Jost Capito (below) who is responsible for facing the medias questions. Speaking to PlanetF1.com at the Autosport Awards in early December, Capito had laid out his goals for 2023 as well as discussing new driver Logan Sargeant. The German was in his post for two years but . Capito joined Williams first as CEO inDecember 2020 before taking over as team principal in June 2021, taking over fromSimon Roberts as new owners Dorilton Capital made their mark. Jost joined from the start of the 2021 season, taking over the role and responsibilities of the Williams family. Capito is the second team principal to step down since the end of the season. December 12, 2022 GROVE, England (AP) Team principal Jost Capito and technical director Franois-Xavier Demaison are leaving Williams after it finished last in the Formula One constructors' championship. Jost Capito, the Team Principal of Williams Racing, won't be continuing in his role for next season. "Mercedes have been hugely supportive on my journey, and we part on excellent terms after over 20 years of working in Brackley. Five reasons to download the Williams Racing app for the 2023 F1 season Yesterday WATCH: Testing complete, on to the season 26 Feb 2023 James Vowles reflects on "very successful" pre-season test 25 Feb 2023 Schedule See All Next 03-05 Mar 2023 Practice 1 03 D 02 H 46 M 17 S Upcoming 17-19 Mar 2023 Jeddah Corniche Circuit Learn More Standings IndyCar launches new driver-voiced promotional campaign, Ganassi, PNC Bank continue Women in Motorsports internship, Race Industry Now webinar: Vision FT and the future of race electronics. He lasted two seasons, overseeing initial progress in 2021 with an eighth-place finish in the championship, before Williams slumped to last place under new technical regulations last year. Former Formula 1 driver Anthony Davidson has tipped James Vowles to succeed in his new role as Williams' team principal. It has been a huge privilege to lead Williams Racing for the last two seasons and to lay the foundations for the turnaround of this great team, Capito said. AS Roma coach Jose Mourinho will be banned for two games and fined 10,000 euros ($10,672) for his explosive reaction to being sent off in his side's 2-1 defeat by relegation-threatened Cremonese, an Italian sports judge ruled on Wednesday. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Fail to do so, and theyll likely be clearing out their desk at HQ and handing in their pass. Speaking following the announcement, Capito said it had been a huge privilege to lead the team. Williams, owned by the US investment firm Dorilton Capital, will confirm its new team principal and technical director in due course. By: EPARTRADE.com, Join us for Episode #328 of RACE INDUSTRY NOW Tech & Business Webinar: Vision FT and The Future Of Race Electronics by Fueltech (), RACER's 2023 IndyCar season preview: Chip Ganassi Racing, Pabst to the fore as USF Pro Championships Spring Training wraps at Sebring, Alianell to return to Skip Barber Formula Race Series in 2023, Tom Brady, Hertz to back first WEC privateer Porsche Hypercar, All contents copyright 2023, Racer Media & Marketing, Inc. All rights reserved. Matthew Savage, chairman of Dorilton Capital, said: We would like to thank Jost for his hard work and dedication as we embarked on a major transformation process to begin the journey of reviving Williams Racing. Sportword: Play daily F1 word game on Planet Sport. Frenchman Demaison was appointed in March 2021. However, he stood back from hands-on involvement in strategy decisions midway through 2022 to work in a wider managerial role and had long been tasked with overseeing its young driver programme. British-based Williams said in a statement that they would announce replacements in due course. Former British racing driver Davidson, who raced in F1 for Minardi and Super Aguri, and has been a test or reserve driver for the British American Racing, Honda, and Brawn GP teams, has tipped Vowles to do well with Williams. it was going to expire this month), with the indication being that the short length was because Capito was close to his original planned retirement date. Horner disagrees with how Wolff 'roasts' Mercedes. Responsibility for certain areas of an F1 team are delegated such as head of strategy, chief mechanic, and technical director, but the team principal must be across all aspects of their team to make them deliver. Williams cant afford any setbacks. Capito's departure means two of Formula One's 10 teams will have new bosses next season, with Ferrari's Mattia Binotto resigning last month and yet to be replaced. A team statement on Tuesday said the move is part of streamlining exercise aimed at moving Williams back to the front of the grid. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. In that time, Williams found themselves back in the points, with George Russell even getting himself a podium in a very strange set of circumstances at Spa. The technical director, Franois-Xavier (FX) Demaison, will also leave his post. More activity by . "It's an honour to join a team with such an incredibly rich heritage. Were grateful that Jost postponed his planned retirement to take on this challenge and now he will pass the reins on for the next part of this staged process. Clearly, expecting Freddie to poach some 2022 Sauber squad to Ferrari, so 23 will be a transition year in preparation for OOOO, who are currently throwing some serious Euros at setting-up their F1 division. I am grateful for everything Toto [Wolff] and the team have provided, and it has been such a special experience to journey together through failure and success. F. X. Demaison left his role as the team's technical director at the end of the 2022 campaign and Vowles is keen to fill the void left by the Frenchman to bring more structure to the team. We dont put our objectives in terms of position in the championship or in points because this is really impossible to do. Or whomever they intend to hire as Capitos replacement put forward a condition that he can bring his own candidate for technical director with him, so Demaison had to go? Team boss Capito and technical director Demaison leave Williams, News means at least two F1 teams will have new bosses in 2023. "We would also like to thank FX (Demaison) for his contribution and wish him all the best for his future as he moves on.". Are they not happy with his work? Got a potential story, tip or enquiry? I just learned today capital chairman is savage. Capito joined Williams first as CEO in December 2020 before taking over as team principal in June 2021, taking over from Simon Roberts as new owners Dorilton Capital made . They are judged on their ability to make the team win races, score podiums and points and finish as high as in the constructors championship as possible. Last modified on Tue 13 Dec 2022 04.34 EST Williams have announced the team principal and chief executive, Jost Capito, will step aside before the 2023 Formula One season. We would like to thank Jost for his hard work and dedication as we embarked on a major transformation process to begin the journey of reviving Williams Racing. Technical Director FX Demaison will leave his post after joining in 2021. Theyre sort of like chief marketing officer, always trying to play the team up and get one over the other team principals. See here for a complete list of exchanges and delays. "Williams Racing have placed their faith and trust in me, and I will do the same in return. Capito led the team for two seasons after investment firm Dorilton Capital bought the team in 2020 from the Williams family. Mercedes returns to all-black look for 2023, Ranking the best and worst of F1 launch season, Inside Ferrari's near-perfect F1 car launch, Ferrari launches 2023 car, aims for F1 title, Merc strategist James Vowles' 'weird holiday' takes him from pit wall to the cockpit. Ahead of the 2023 FIA Formula One World Championship season, Williams Racing announces that, after two years at the helm of the Grove-based outfit as CEO and Team Principal, Jost Capito is stepping aside. Williams Grand Prix Engineering Limited is a company registered in England and Wales under company number 1297497. Have something to tell us about this article? Jost Capito has left his role as CEO and team principal of Williams ahead of the 2023 Formula 1 season. He gave me an opportunity to show my potential and race in Formula 2. So we dont expect to have as many points as we could have with two experienced drivers but we expect the car to be competitive, at least in the lower midfield. Matthew Savage, chairman of Dorilton Capital, thanked Capito for his work as well as his decision to postpone his retirement. At 64, Capito was one of the oldest team principals and, before signing for Williams, he was already beginning to wind down his activities at the VW Group amid reports that he was planning to retire from the motorsport sector in 2023, which is when he would turn 65. "It has been a huge privilege to lead Williams Racing for the last two seasons and to lay the foundations for the turnaround of this great team," said Capito, a former McLaren chief executive. 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