was Parr Pushed at Williams?

was Parr Pushed at Williams?

Adam Parr’s recent departure as Chairman of Williams Grand Prix Engineering is curious given that only a few weeks ago, Frank Williams was trumpeting Parr’s central role in the Williams’ succession plan.

That the resignation has come with little explanation (if any) is even more curious – even media coverage of the story has been perfunctory at best.

So why Adam’s sudden renunciation? As a former a Chairman’s assistant at Rio Tinto, much has been made of Parr’s lack of “racing credentials”, though the foresight he brought was a major factor in ensuring Williams long-term financial future. Furthermore, Parr’s replacement, Nick Rose (Toto Wolff director and minority shareholder) doesn’t seem to offer any ancillary qualities that Parr was lacking.

Frank Williams was quoted at the time of Parr’s resignation as saying he sought “a better balance in his life”. What this means exactly is open to interpretation, although Frank has always deferred to Bernie Ecclestone (and profited handsomely as a result). Ecclestone himself is not an Adam Parr fan, and has been ruputed on numerous occasions to be resentful of Parr’s suggestions on how Formula 1 should be run.

Add to this mix a new Concorde agreement (agreeing to a new division of regulations and revenues between the teams) which is about to be signed and you can see Frank’s state of mind. Why risk antagonizing Bernie and lose a potential share in profits at a time when Williams own financial stability has a large interest in the ailing heath of a South American dictator – Williams driver Pastor Maldonado’s fee of 30-odd million dollars being bank-rolled by Venezuelan President Hugo Chavez.

So has Frank cut off his nose in exchange for a short-term budgeting cocoon and political stability, or has Bernie given him an offer he can’t refuse? Ecclestone himself is no spring-chicken and whatever handshakes have taken place are by no means certainties after he’s gone.

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About trentprice

Driver ICoach V8 Race Experience Freelance writer Freelance Writer (Sole Proprietorship) Sole Proprietorship; Myself Only; Writing and Editing industry 2011 – Present (less than a year) Writing for film and entertainment and motoring magazines in Australia and UK REGION 4 Magazine Responsibilities: Press releases for new media products, competitions and events co-ordinator, article concept developer, arranging and conducting interviews within the film industry including actors such as Heather Graham, Monet Mazur, Steve Coogan and Seinfeld’s Michael Richards to name but a few. Writer: creative performance Artist Services – Foxtel Cable Television Australia Responsibilities: Writer, performer and segment producer overseeing editing and post-dubbing ABC Recovery –ABC Television- Weekend Youth Music program - Writer and performer ABC Backberner- ABC Television-Australian news satire program – Writer MG Enthusiast -Kelsey Publishing UK February 2011- Feature motoring articles MG Racer Magazine- online publication www.mgracing.mgcc.com.au/mgracer/default.html Responsibilities: Co-founder, writer, editor, concept developer, promotion and marketing, sponsorship coordination MG Racing in Australia- online forum http://mgracing.forumotion.com/ Responsibilities: Concept developer, writer, monitoring of content

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