Yost Capito resigns as CEO of Williams

Jost Capito stepped down as Williams team principal after two years.

Together with him, the technical director of the British team Francois-Xavier Demaison left his post. The team did not name the reason for the decisions made and later promised to name the new leader and technical director.

Josh Capito: “It has been a great honor for me to lead Williams Racing for the past two seasons and lay the foundations for the transformation of this great team. I look forward to seeing the team continue on the road to future success.”

Matthew SavagePresident of Dorilton Capital: “We would like to thank Yost for his hard work and dedication in the process of major transformation of the team, designed to revitalize Williams Racing.

We are grateful to Yost for postponing his planned retirement to meet this challenge. He will now hand over leadership to those who will lead the next phase of the transformation process. We also thank François-Xavier for his contribution and wish him all the best for the future.”

Source: F1 News

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