OCTOBER 10, 2002

Williams has no intention of selling to BMW

The recent spat of rumors that Williams is talking to BMW about selling a stake in the company are not true. The team has always been the most independent of the independents and that is not about to change. The focus at the team's headquarters in Grove is on next year's car to prove to the bosses at BMW in Munich that it would be unwise for them to do their own thing rather continue their partnership with the team.

Sir Frank Williams says that remarks he made were taken out of context and sensationalized but that he has no intention of any such move. Williams, who will miss the Japanese GP this weekend, says that the decision not to go to Suzuka is nothing more than good housekeeping as it costs a considerable amount of money for him to go to Japan and it would be wiser to invest that money building better cars.