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Thursday press conference - Monaco GP - Pt.1

Yeah, well I thought it was eight years actually but if it was seven that that sounds a little bit better but it's an embarrassing amount of time for a man with a big ego.

Pastor told us there's been quite a bit of reorganisation within the team. How important has that been and how difficult was that reorganisation?

Frank Williams:
It wasn't a major re-organisation, a few new people arrived, there was a bit of shuffling around. One or two people can make quite a difference and given that it's a complicated matter, as all these people here will tell you, to put the right group of people together and get them to fire on all cylinders. It comes together once in a while with the car and the driver and everything working very well. We took our chance and got it.

We got the impression that methods within the factory had changed, even the means of building the car and that sort of thing. Is that the case?

Frank Williams:
Nothing significant has changed. It's the same approach, the same reliability. If we've gone a bit quicker then it's because the car is quicker and that would have come, more than anything else, from the wind tunnel and from the drivers being particularly tuned in to a particular circuit.

Monisha, first of all I wanted to ask you about Chelsea Football Club because I think there's quite a few people back here who don't quite understand that tie-up, how it works and how it happened?

Monisha Kaltenborn:
Well, Chelsea approached us last year with this idea. It's very simple really, there's not much mystery to it. Here two teams have got together that belong to the two sports that are probably the most watched sports around the world. So like this we've created a joint platform, an enormous community to which we can reach out and we'll be doing this by doing marketing events together, looking at merchandising areas, so there's a lot of commercial activity that will start and it gives us a very potential to go to potential sponsors. So it's the commercial area that's involved here and if you give us a bit more time you'll what comes out.

Also, of course, some of the ownership of the team has been transferred to you, which is, I suspect, a fantastic opportunity for you.

Monisha Kaltenborn:
That's a great opportunity for me – and a big honour. It shows to me the amount of trust Peter has put into me, that together with his son we can operate the company in the future according to the values that he as the founder of our company has actually set out. And at the same time it's a very big responsibility as we're talking about a company here that has been in motorsport for the last 40 years, so you have a big responsibility towards the people and towards Peter.

And, in terms of the future of the team, the team has traditionally started very, very well but seems to have dropped off a bit mid-season. Have you got the budget to keep the development going for the rest of the season?

Monisha Kaltenborn:

Related Pictures

Click on relevant pic to enlarge
21.04.2012- Free Practice 3, Ross Brawn (GBR), Team Principal, Mercedes GP
11.05.2012- Free Practice 2, Sir Frank Williams(gbr),Team Principal Williams F1 Team
20.04.2012-  Free Practice 2, Monisha Kaltenborn (AUT), Chief Executive Officer, Sauber F1 Team
26.05.2011- Press conference, Vijay Mallya (IND), Chairman and Managine Director Force India
20.04.2012- Free Practice 1, Sir Frank Williams(gbr),Team Principal Williams F1 Team

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