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Williams F1 team sells stake to Austrian investor
Founders Frank Williams and Patrick Head have sold a minority interest in their Williams Formula One team to an investment company led by Austrian Toto Wolff, the former champions said in a statement on Friday.
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Vienna: Founders Frank Williams and Patrick Head have sold a minority interest in their Williams Formula One team to an investment company led by Austrian Toto Wolff, the former champions said in a statement on Friday.Wolff, who founded his Marchsixteen investments in 2004, will join the Williams board. No financial details were given about the sale.
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