JUNE 27, 2003

Williams and BMW sign until 2009

After months of negotiations Williams and BMW have finally agreed a new five-year deal to run from the start of 2005 until 2009. The relationship means that whatever happens in the future with the various different possible championships being discussed the two companies will remain together.

"I have every confidence that with the structure of this new agreement we will be able to draw from a deeper pool of BMW resource," said Sir Frank Williams. "When added together with the technical competence and determination to win at WilliamsF1, I believe that this relationship will yield significant dividends."