OCTOBER 28, 2009
Williams does a deal with Qatar
Williams F1 and the Qatar Science & Technology Park (QSTP) have signed an agreement to inaugurate the Williams Technology Centre (WTC). QSTP is a world class incubator for the research, development and commercialisation of new technologies that has attracted significant R&D investment from companies such as Shell, Microsoft and GE.
The Williams Technology Centre will be housed in the 45,000m2 state-of-the-art QSTP complex that forms part of the Qatar Foundation‘s strategic ambition to invest in, and propagate, a knowledge-based, post-carbon economy. QSTP and Williams F1 will fund the R&D programmes and, as partners, will both benefit from the commercialisation of the technologies that have their origins in Formula 1.