Williams have announced that team principal Jost Capito and technical director Francois-Xavier FX Demaison are both stepping down from their positions. See here for a complete list of exchanges and delays. F1: Williams team principal Capito leaves after 2 years 12/12/2022 Team principal Jost Capito and technical director Franois-Xavier Demaison are leaving Williams after it finished. 12th December 2022, 17:04 | Written by Will Wood. Red Bull - Christian Horner - 2005. We would like to thank Jost for his hard work and dedication as we embarked on a major transformation process to begin the journey of reviving Williams Racing, said Savage. The Williams Formula 1 team on Friday named James Vowles as its new team principal. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Williams confirmed that both Capito and Demaison will leave their posts during the off-season. Ancient1 (@ancient1) 13th December 2022, 10:55. Mercedes' director of strategy, James Vowles, will join Williams as team principal on Feb. 20, filling the vacant position left by Jost Capito last month. But what do F1 team principals actually do? It is unclear whether this decision was a long time coming or a more recent choice. By Chris Medland | December 12, 2022 12:03 PM ET Williams has announced the departures of team principal Jost Capito and technical director Francois-Xavier Demaison. Roberts added: "It has been a pleasure to take on the role of team principal following the departure of the Williams family from the sport. The team have not won a race since 2012 and their last drivers' championship was with Canadian Jacques Villeneuve in 1997. James Vowles first team talk at Williams. Williams have announced that team principal Jost Capito and technical director Francois-Xavier "FX" Demaison are both stepping down from their positions. The plot thickens!!!! The former Mercedes man will be just the third. In that time, Williams found themselves back in the points, with George Russell even getting himself a podium in a very strange set of circumstances at Spa. Are they going to Ferrari or Sauber (Alfa) in advance to the arrival of Audi?! The 64-year-old. Frenchman Demaison was appointed in March 2021. Please logout and login again. Jere (@jerejj) 13th December 2022, 11:07, 2023 Collantine Media Ltd | About RaceFans, Honda Racing Corporation registers to enter F1 as power unit manufacturer in 2026, Replacing Chinese GP on 2023 calendar not worth it for teams Domenicali, Hamilton and Bono 10 years of F1s most successful driver-engineer duo, F1 in strongest position ever says Domenicali as revenue hits 2bn in 2022, F3 grid complete as Hitech sign GB3 champion Luke Browning. Audi Media Center has announced Andreas Seidl will be Sauber Group CEO, effective 01.01.23!!!!!!! Williams has tremendous potential, and our journey together starts in a matter of weeks.". Capito is the second team principal to step down since the end of the season. Jost Capito is stepping down as Williams CEO and team principal after two years at the helm . I am grateful for everything Toto [Wolff] and the team have provided, and it has been such a special experience to journey together through failure and success. Capito isnt the only one leaving his role either, asTechnical Director, FX Demaison, is stepping down too. We would also like to thank FX for his contribution and wish him all the best for his future as he moves on., F1 announce sprint races for Azerbaijan, Austria, Belgium, Qatar, US and Brazil, Original reporting and incisive analysis, direct from the Guardian every morning. Capito led the team for two seasons after investment firm Dorilton Capital bought the team in 2020 from the Williams family. He comes to Williams with two decades of experience in F1 and extensive knowledge of Mercedes, having spent his career working at the Brackley-based team through several different ownerships as far back as its time as British American Racing. 2:01. What exactly does an F1 team principal do in grands prix? Williams have announced the departure of Jost Capito and technical director Francois-Xavier Demaison ahead of the 2023 F1 season; the duo depart after a year which saw Williams finish bottom of the Constructors' Championship with just eight points. Capito joined as CEO at the end of the 2020 season, taking over as team principal from Simon Roberts in June of 2021. Like a conductor of an orchestra, when things go well, the team principals job is safe. Looks very probable, Williams even put a reference to Capitos planned retirement in their press statement. What are they tasked with and who even are they for the 2022 season? Matthew Savage, chairman of owners Dorilton, said: "We are delighted to welcome James to Williams Racing. Reuters Daily Briefing All the news you need to start your day. After the 2022 F1 season, most of the team principals shifted from one team to another. Alex and Logan preview the Bahrain Grand Prix, PWP: Make your calls and hear from The Strategist, Five things to know ahead of the Bahrain Grand Prix, the Williams Group, under licence to Williams IP Holdings LLC. Ferrari team principal Mattia Binotto offered his resignation at the end of the month following Ferraris disappointing end to the 2022 season, where the teams championship challenge faded and rivals Red Bull claimed both world championship titles. Williams Racing will announce its new Team Principal and Technical Director in due course. Williams parted ways with Jost Capito at the end of 2022 and. Although still VWAG linked (less so recently) current Porsche management has always perceived Capito as an Audi/VW man. Over two full seasons in 2021 and 2022, Williams finished . Whats going wrong with McLaren in F1 2023 so far? Mercedes - Toto Wolff - 2013. Kevin. pic.twitter.com/b3zdKnualg, Logan Sargeant (@LoganSargeant) December 12, 2022. Ahead of the 2023 FIA Formula One World Championship season, Williams Racing announces that, after two years at the helm of the Grove-based outfit as CEO and Team Principal, Jost Capito is stepping aside. Former Williams F1 test driver and Venturi Formula E Team Principal Susie Wolff is ready for a new challenge in her inspiring career: a long-time advocate for women in motorsport, Wolff has now been appointed Managing Director of the brand-new F1 Academy championship. Fail to do so, and theyll likely be clearing out their desk at HQ and handing in their pass. Technical Director FX Demaison will leave his post after joining in 2021. As the Formula 1 team principal merry-go-round unfolded in the final throes of 2022, one chair at the top table was left unclaimed heading into the new year. 2022 F1 season. Liked by . Photo by Mark Thompson/Getty Images. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Were grateful that Jost postponed his planned retirement to take on this challenge and now he will pass the reins on for the next part of this staged process. Despite the FW44 showing promising pace at times - particularly in the hands of Alex Albon, who qualifies an outstanding ninth at Spa - score just eight points across the season, leaving the team 10 th and last in the final standings.. Official Williams memorabilia > @qeki is it actually that much of a surprise or savage? Vowles is best known for his role in race strategies at Mercedes, including occasional messages to the drivers over team radio explaining decisions on the pit wall. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Let us know! Will the stripped-back W14 return Mercedes to the front? Can Fernando Alonso crash the Big Three party at the Bahrain Grand Prix? Capito joined Williams first as CEO in December 2020 before taking over as team principal in June 2021, taking over from Simon Roberts as new owners Dorilton Capital made . It has been a huge privilege to lead Williams Racing for the last two seasons and to lay the foundations for the turnaround of this great team, Capito said in a statement. it was going to expire this month), with the indication being that the short length was because Capito was close to his original planned retirement date. Capito's departure means two of Formula One's 10 teams will have new bosses next season, with Ferrari's Mattia Binotto resigning last month and yet to be replaced. We would like to thank Jost for his hard work and dedication as we embarked on a major transformation process to begin the journey of reviving Williams Racing. Responsibility for certain areas of an F1 team are delegated such as head of strategy, chief mechanic, and technical director, but the team principal must be across all aspects of their team to make them deliver. "It's an honour to join a team with such an incredibly rich heritage. Mercedes returns to all-black look for 2023, Ranking the best and worst of F1 launch season, Inside Ferrari's near-perfect F1 car launch, Ferrari launches 2023 car, aims for F1 title, Merc strategist James Vowles' 'weird holiday' takes him from pit wall to the cockpit. Last modified on Tue 13 Dec 2022 04.34 EST Williams have announced the team principal and chief executive, Jost Capito, will step aside before the 2023 Formula One season. German will step aside before new F1 season, Technical director Franois-Xavier Demaison will also leave. British-based Williams said in a statement that they would announce replacements in due course. Promoted content from around the web | Become a RaceFans Supporter to hide this ad and others. Technical director Francois Xavier Demaison, who Capito recruited to Williams after working with him at Volkswagen, also left in December last year. Five reasons to download the Williams Racing app for the 2023 F1 season Yesterday WATCH: Testing complete, on to the season 26 Feb 2023 James Vowles reflects on "very successful" pre-season test 25 Feb 2023 Schedule See All Next 03-05 Mar 2023 Practice 1 03 D 02 H 46 M 17 S Upcoming 17-19 Mar 2023 Jeddah Corniche Circuit Learn More Standings Williams didn't enjoy their finest campaign in 2022, the team scoring eight points with Nicholas Latifi, Alex Albon and - for one race - Nyck de Vries at the wheel. "He has been a key part of some of the most impressive feats in the sport over the past 15 years. Aside from the drivers, the most visible figures in F1 are the team principals. See here for a complete list of exchanges and delays. Horner disagrees with how Wolff 'roasts' Mercedes. Williams, owned by the US investment firm Dorilton Capital, will confirm its new team principal and technical director in due course. The German was in his post for two years but . As Williams Racing continues its transformative new chapter, it welcomes James Vowles as Team Principal. DKZ Munik leaves K-pop group after hiatus but to meet fans 'soon', {{#media.media_details}} {{#media.focal_point}}, Alfa Romeo Frederic Vassuer 2019 (below). Dorilton Capital chairman Matthew Savage thanked both Capito and Demaison for their work with the team over the last two season. Think of a team principal as a jack of all trades, master of none. Williams have announced that Jost Capito has stepped down as team principal following two years with the team.