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| Patrick Head and Frank Williams (Photo: Williams) |
Additionally, Williams Chairman Adam Parr revealed on Tuesday that this is the team co-founder Patrick Head's last season in F1.
The 64-year-old Head cashed in millions of his team shareholding for the Frankfurt stock floatation earlier this year, and will head into retirement proper later in 2011, Parr told reporters during a teleconference.
Head has "made it clear he will be retiring at some point this year", Parr explained, and who also revealed that he offered Sir Frank Williams his own resignation.