Adam Parr
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Slow start for Williams F1 floatation

Williams F1 seem to have had a slow start for their stock market flotation.

The Oxfordshire-based Grand Prix team placed 2.4 million shares worth €60m on the Frankfurt market on Wednesday.

Adam Parr, Chairman of Williams F1 says the move is ''purely a transaction to broaden shareholder base'' as the current Williams owner looks towards their retirement.

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