Williams have announced that team principal Jost Capito and technical director Francois-Xavier “FX” Demaison are both stepping down from their positions.
Capito led Williams since the multiple world championship-winning team was purchased by Dorilton Capital in 2020. Over two full seasons in 2021 and 2022, Williams finished eighth and last in the constructors’ championship, respectively.
Williams confirmed that both Capito and Demaison will leave their posts during the off-season. Capito, a former Volkswagen director of motorsport, had been set to retire before accepting an offer to join Williams first as CEO, then as team principal from June of 2021.
Dorilton Capital chairman Matthew Savage thanked both Capito and Demaison for their work with the team over the last two season.
“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.
“We’re 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. We would also like to thank FX for his contribution and wish him all the best for his future as he moves on.”
Capito said that he will “look forward to watching the team as it continues on its path to future success.”
“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.
Capito is the second team principal to step down since the end of the season. Ferrari team principal Mattia Binotto offered his resignation at the end of the month following Ferrari’s disappointing end to the 2022 season, where the team’s championship challenge faded and rivals Red Bull claimed both world championship titles.
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