Jost Capito has been appointed the CEO of Williams Racing as new owners Dorilton Capital continue to restructure the team in the hopes of helping it work its way up the pecking order and return to its former glory.
Capito previously served as the CEO of McLaren Racing, but he parted ways with the Woking-based team just fourth months after assuming the position following the departure of Ron Dennis.
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“It’s a great honour for me to join Williams Racing during these exciting and demanding times for both the team and for Formula 1,” Capito, who will start his new role on 1 February, said on Thursday.
“It is an honour to be a part of the future of this storied team, and one that carries such a poignant name in the sport, so I approach this challenge with great respect and with a huge amount of relish.”
Meanwhile, Williams Chairman Matthew Savage said: “We are excited to welcome Jost Capito as the new CEO of Williams Racing. He is an experienced and competitive individual, who has built winning teams and is a winner in his own right.
“He understands the Williams heritage and will work well with the team in pursuit of our objective to return to the front of the grid.”
Capito will report directly to Savage, while team principal Simon Roberts – who took on the role on an interim and then permanent basis following the departure of Claire Williams earlier this year – will report to Capito.
The German has around four decades of motorsport and automotive experience, and this managerial change comes as Dorilton Capital continue to restructure Williams Racing in the hopes of making the Grove-based outfit more competitive.
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