Williams Racing boss to leave after two years in charge
Chief executive officer and team principal Jost Capito is to leave Williams Racing after two years in charge, the company has announced.
And technical director Francois-Xavier (FX) Demaison, who was brought in by Capito last year, will also be leaving.
Oxfordshire-based Williams made the announcement this morning (Tuesday, December 13), giving no reason for Capito's sudden departure.
Matthew Savage, chairman of Dorilton Capital, which bought Williams Racing from the family of founder Sir Frank Williams in 2020, said: “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.
"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.”
Jost Capito: “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.
"I look forward to watching the team as it continues on its path to future success.”
Jost Capito was hired by Dorilton Capital from the Volkswagen Group at the end of a 2020 racing season in which the team finished last in the championship for the third consecutive year.
In 2021 the team finished eighth – its best result since 2017.