Williams chairman Adam Parr insists his team's idea of a flotation on the stock market is not because it wants to raise immediate funds for the company. Although Williams lost a number of sponsors at the end of last year, Parr said on Friday that outfit has been profitable in the last few years and is therefore not chasing an injection of cash. He confirmed the team already secured its full budget for 2011, partly thanks to a recent deal with Venezuelan oil company PDVSA which has come on the back of signing Pastor Maldonado. Kerry Dale Earnhardt Ralph Dale Earnhardt Sr Ralph Dale Earnhardt Jr Carl Michael Edwards III William Clyde Elliott
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