Williams chairman Adam Parr says he is confident that the Grove-based team won't suffer a repeat of its 2011 season, which is set to go down as the worst in the history of the multiple title winners.
With just one race to go, Rubens Barrichello and Pastor Maldonado have managed just five points between them to leave the team down in ninth place in the constructors' championship, with only Lotus, Virgin and HRT having scored fewer points.
Abu Dhabi marked a new low as the two drivers lined up on the back row of the grid, with Barrichello unable to set a time due to an engine issue and Maldonado having been forced to take a ten-place grid penalty for exceeding the number of engines allowed under F1 regulations.
However, with a series of changes having taken place within the team over the course of the season, Parr said he was confident that the 'profound failings' that have had an impact on 2011 wouldn't be repeated again next year.
"As we have taken on the new team and as they have dug under the stones, we have realised there were quite some profound failings in the way we have been doing things," he was quoted by the Press Association
. "They're not going to be fixed overnight, so with the best will in the world we are just being more realistic about where we are and where we need to get to.
"I feel very energised about where we are at the moment because the people here are just stunning, without exception. The reaction in the race team to Mark Gillan, and in the design office to Jason and Mike Coughlan has been amazing.
"So I feel with the quality of people we have, the fact they've had time to really get to know the problems, and then to work on them this winter, I think we can do it.”
Parr also added that the decision to bring the new people onboard during the season would be beneficial moving forwards, while a change to Renault engines could also give the team a boost over the off-season.
"We've a new engine partner, and you can't deny the fact they have a great product, and the resources to keep pushing it, so I do feel positive,” he said. “If these new guys had joined at the end of the season we would not have known half the stuff, and probably would have had big problems."