Adam Parr leaves Williams F1

Adam Parr leaves Williams F1

26 March 2012 – Williams CEO Adam Parr is leaving the team, it was announced early on Monday morning. He is to be replaced by Nick Rose, former CEO of alcohol beverage company Diageo. The departure comes as a large surprise to a number of Formula 1 insiders, as Parr was expected to be the successor of Sir Frank Williams.

Having been described by Williams himself as a ‘natural’ heir, Parr departs after being with the company for just over five years. His feats including the recruitment of Mike Coughlan as Technical Director and steering Williams into its current position on the Frankfurt Stock Exchange.

“I asked Adam to join Williams at the end of 2006 to support me in the running of our team,” Team Principal and founder Williams comments in a statement. “Over five years, Adam’s achievements have surpassed my expectations and I must thank him for his service, not least for the decisive role he played in the technical changes made last year which are beginning to show through in the team’s improved competitiveness this season, and for leading this company to a successful IPO.

“Adam leaves us on good terms to pursue a better balance in his life for which I wish him and his family well. He has left us in good shape and I have every confidence that the Board and senior management team at Williams will continue to drive the business forward into a promising future.”

“I am very grateful to Frank for giving me the opportunity to work for Williams over the past five years – a period that has been both challenging and rewarding,” Parr adds. “Williams is a unique team with over 500 great-hearted and talented people and many superb partners in and out of Formula 1. Williams is now set up to move forward and I wish everyone at Grove well.”

Rose, who is currently a Non-Executive Director of parent company Williams Grand Prix Holdings, will now take up the title of Non-Executive Chairman.

“I would like to thank the Board for nominating me as Non-Executive Chairman of Williams,” he says. “When I joined the Company, my single purpose was to help restore the team to its former glory. Frank and the Board believe that I can best do this as Chairman and I gladly accept this responsibility. A lot of good work has been done to get us to this point but we must continue to work hard if we are to achieve our objectives.”

Williams first competed in F1 in 1975. Last year, Patrick Head (co-founder alongside Frank Williams) stepped down from his role as Director of Engineering.

related

Comments

Latest News
Full
Compact

  1. Sunday 28 May 2017

  2. Overview: Formula 1 qualifying battles 06:48

    Overview: Formula 1 qualifying battles

    As often highlighted: a Formula 1 driver's main reference point is their team-mate. Although race results and the final…

    F1
  3. Video of the Day: Monaco's banned poster 05:32

    Video of the Day: Monaco's banned poster

    At this year's Monaco Grand Prix, the infamous Martini Girl billboard will return, going from the road to the sky at Monaco…

    F1
  4. Saturday 27 May 2017

  5. 17:24

    Follow GPUpdate on Instagram in 2017!

    F1
  6. 17:22

    Latest F1 photos: Saturday in Monaco

    F1
  7. Sainz Jr. surprised by qualifying result 17:20

    Sainz Jr. surprised by qualifying result

    Toro Rosso's Carlos Sainz Jr. has admitted that he did not expect to finish the Monaco Grand Prix qualifying hour as the…

    F1
  8. Preview: 101st Indianapolis 500 beckons... 17:06

    Preview: 101st Indianapolis 500 beckons...

    On Sunday, the Greatest Spectacle in Racing, the Indianapolis 500, will be staged, with most of the attention on double Formula…

    Indy
  9. 17:04

    Revised starting grid for the Monaco GP

    F1
  10. Ocon feels FP3 shunt hurt prospects 16:57

    Ocon feels FP3 shunt hurt prospects

    Esteban Ocon believes his crash during the closing stages of third practice in Monaco hindered his prospects in qualifying, as…

    F1
  11. Button 'loving' stand-in F1 appearance 16:52

    Button 'loving' stand-in F1 appearance

    Jenson Button says he is "loving" his brief return to Formula 1 after he reached Q3 and qualified ninth for the Monaco Grand…

    F1
  12. Vandoorne upbeat despite Q2 crash 16:48

    Vandoorne upbeat despite Q2 crash

    Stoffel Vandoorne says he is upbeat over his and McLaren-Honda's progress, despite his qualifying session in Monaco coming to a…

    F1
  13. De Vries heads Rapax 1-2 for maiden F2 win 16:21

    De Vries heads Rapax 1-2 for maiden F2 win

    McLaren-backed Nyck de Vries claimed his first Formula 2 win, leading Rapax team-mate Johnny Cecotto Jr. for a 1-2 in the Monaco…

    F2
  14. Ricciardo critical of 'pretty obvious mistake' 15:49

    Ricciardo critical of 'pretty obvious mistake'

    Daniel Ricciardo says Red Bull made a "pretty obvious mistake" regarding the timing of his final Q3 run, after he qualified in…

    F1
  15. Bottas: Ferrari has had 'upper hand' 15:16

    Bottas: Ferrari has had 'upper hand'

    Valtteri Bottas says Ferrari has simply had the "upper hand" on Mercedes at the Monaco Grand Prix so far, after the Scuderia…

    F1
  16. Hamilton: 'Weekend done' after Q2 exit 14:59

    Hamilton: 'Weekend done' after Q2 exit

    Lewis Hamilton believes his Monaco Grand Prix is "pretty much done" after he dropped out in the second phase of qualifying on…

    F1
  17. Vettel was 'a bit too greedy' in qualifying 14:45

    Vettel was 'a bit too greedy' in qualifying

    Sebastian Vettel has admitted that he was "a bit too greedy" during qualifying for the Monaco Grand Prix as he missed out on…

    F1
  18. Räikkönen: Pole no guarantee for race 14:38

    Räikkönen: Pole no guarantee for race

    Kimi Räikkönen insists that pole "doesn't guarantee anything", as he set the quickest time during qualifying for the Monaco…

    F1
  19. 14:08

    In full: Monaco GP qualifying results

    F1
  20. Räikkönen on pole, Hamilton out in Q2 14:05

    Räikkönen on pole, Hamilton out in Q2

    Kimi Räikkönen took his first pole position since 2008 with a stunning qualifying performance at the Monaco Grand Prix, ahead…

    F1
  21. 12:42

    Follow qualifying for the Monaco GP!

    F1
  22. Hayden's funeral to take place on Monday 12:26

    Hayden's funeral to take place on Monday

    Nicky Hayden's funeral will be held in his home town of Owensboro, Kentucky, on Monday, and will be streamed live on his…

    MotoGP
  23. 11:05

    Monaco Grand Prix: Full Practice 3 results

    F1
  24. Vettel remains on top in final practice 11:03

    Vettel remains on top in final practice

    Sebastian Vettel remained at the top of the times during Saturday's final free practice session for the Monaco Grand Prix…

    F1
  25. Button to be hit with 15-place grid penalty 10:03

    Button to be hit with 15-place grid penalty

    McLaren-Honda driver Jenson Button will be handed a 15-place grid penalty for the Monaco Grand Prix after he was forced to take…

    F1
  26. 09:42

    Follow final practice for the Monaco GP!

    F1
  27. Vlog: A spectacular view of the Principality 08:20

    Vlog: A spectacular view of the Principality

    GPUpdate.net's Mike Seymour reports from the hills above Monaco on Saturday morning.

    F1
  28. Vettel: About time Ferrari won in Monaco 07:32

    Vettel: About time Ferrari won in Monaco

    Sebastian Vettel says it is "about time" that Ferrari wins the Monaco Grand Prix again, as it looks to build on encouraging pace…

    F1
  29. Video of the Day: Red Bull's Monaco build 05:34

    Video of the Day: Red Bull's Monaco build

    Ever wondered how Red Bull gets its Energy Station into the Monaco Harbour for the Grand Prix?

    F1
  30. Friday 26 May 2017

  31. 20:38

    Latest F1 photos: Friday in Monaco

    F1
  32. Rossi to continue his recovery at home 20:36

    Rossi to continue his recovery at home

    Yamaha rider Valentino Rossi has been discharged from hospital, following Thursday's motocross accident. Rossi fell while…

    MotoGP
  33. Rowland: Win acts as confidence boost 17:26

    Rowland: Win acts as confidence boost

    Oliver Rowland says his victory in the Formula 2 Feature Race in Monaco will act as a confidence boost, as he slashed the gap to…

    F2
  34. Leclerc describes 'worst moment in my career' 16:06

    Leclerc describes 'worst moment in my career'

    Formula 2 championship leader Charles Leclerc has described the "worst moment in my career" after Safety Cars and a mechanical…

    F2
  35. Sauber had 'expected more' from practice 15:12

    Sauber had 'expected more' from practice

    Pascal Wehrlein says Sauber had hoped to display greater pace, after finishing at the bottom of the timesheets during Thursday's…

    F1
  36. Ferrari bids to end 16-year Monaco drought 13:48

    Ferrari bids to end 16-year Monaco drought

    Sebastian Vettel dominated the timesheets for Ferrari on Thursday but the squad has a patchy record at the sport's most…

    F1
  37. No further medical complications for Rossi 12:25

    No further medical complications for Rossi

    Yamaha says Valentino Rossi is making "positive progress" with his recovery after suffering mild injuries in a motocross…

    MotoGP
  38. Video: F1 driver guide to exploring Monaco 12:02

    Video: F1 driver guide to exploring Monaco

    Lewis Hamilton and Valtteri Bottas highlight their favourite things and the best places to go in Monaco.

    F1
  39. 11:40

    Latest Formula 2 photos: Friday in Monaco

    F2
  40. Rowland bags first win amid Leclerc drama 11:39

    Rowland bags first win amid Leclerc drama

    DAMS driver Oliver Rowland pocketed his maiden victory in the Formula 2 championship after erstwhile dominant performer Charles…

    F2
  41. 10:00

    Starting grid for Monaco F2 Feature Race

    F2
  42. Hülkenberg 'scratching head' over pace 09:01

    Hülkenberg 'scratching head' over pace

    Nico Hülkenberg says he was left "scratching my head" over Renault's lack of pace during Thursday's practice sessions for the…

    F1
  43. Monaco: Why is there no F1 action on Friday? 08:48

    Monaco: Why is there no F1 action on Friday?

    Formula 1 cars are kept in their garages on the Friday of the Monaco Grand Prix. Have you ever wondered why the sport sits out a…

    F1
more news