Jost Capito quit Williams Racing ahead of 2023 season
Williams Racing announces that after two years at the helm of the Grove-based outfit as CEO and Team Principal, Jost Capito is stepping aside.
Owners Dorilton Capital tempted Capito out of retirement to head up the operation after acquiring the team from the Williams family in 2020.
Capito set about rebuilding the team – and this included bringing in Demaison – with whom he worked at Volkswagen on the rally project – to head up the technical side.
The 2021 campaign was a step forward for Williams, with George Russell taking a podium as they ended up eighth in the constructors’ championship – but this season they fell back to 10th and last, scoring just eight points.
On Monday, Williams announced Capito and Demaison’s departure, adding that they will confirm their replacements in “due course”.
“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,” said Capito.
“I look forward to watching the team as it continues on its path to future success.”
Dorilton Capital Chairman Matthew Savage added: “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.”
Williams Racing Management Update:
Williams Racing announces that after two years at the helm of the Grove-based outfit as CEO and Team Principal, Jost Capito is stepping aside. pic.twitter.com/w03SQLqrbU
— Williams Racing (@WilliamsRacing) December 12, 2022