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Sports International |
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Williams sells stake to Austrian investor
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Founders Frank Williams and Patrick Head have sold a minority interest in their Williams Formula One team to an investment company led by Austrian Toto Wolff, the former champions said in a statement on Friday.
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Wolff, who founded his Marchsixteen investments in 2004, will join the Williams board. No financial details were given about the sale.
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21 November 2009, Saturday
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REUTERS
LONDON
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