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Brawn: 'Serious people' looking to invest in Williams

Brawn: 'Serious people' looking to invest in Williams

F1 News

Brawn: 'Serious people' looking to invest in Williams

Brawn: 'Serious people' looking to invest in Williams

Formula 1 managing director motorsports Ross Brawn has said the introduction of a budget cap to the sport may have saved the Williams team.

Williams are currently seeking outside investment after the loss of title sponsor ROKiT and subsidiary ROK Drinks.

"I think without the things we did it would have been much more worrying, but it's pretty stable," Brawn told Motorsport.com.

"The Williams situation has got to be dealt with, but there's been some fairly serious people looking at Williams, and I think it shows that there's a decent model behind it to make it a serious consideration."

Earlier in the week, former Formula 1 supremo Bernie Ecclestone said that he was "looking around to find people who could and might be involved."

Brawn admits to having somewhat of a soft spot for the British team, the team with which he began his career in Formula 1, and reflected on the brutal nature of the sport - teams being judged week in, week out.

He added: "There's no hiding place. Quite honestly, if you finish last, as they have for the last few years, there's going to be a consequence. And now unfortunately they've reached that point.

"Whoever goes in there needs to look at the fundamental reasons why they've not been able to perform, and whether it is just finance, or the structure they've got, or the approach they've taken. I honestly don't know.

"But it needs that understanding. It may just be financial, and with extra financial support they can be more competitive, and it needs someone to go in there and try to understand what's going on."

Before you go...

Hungary and Belgium extend Formula 1 contracts

Norris: F3 test to catch up on non-UK rivals

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