Williams Grand Prix Holdings PLC has announced that Mike O'Driscoll will become Group CEO with effect from May 29, 2013. O'Driscoll, formerly Managing Director of Jaguar Cars (2007 to 2011). The newly created role will see the Williams F1 Team and Williams Advanced Engineering united under one management structure and will enable Mike to provide support to Sir Frank Williams, founder and Team Principal and to work in partnership with Claire Williams, Deputy Team Principal.

Mike will lead the Executive Committee who will report to him and in turn he will report to Sir Frank Williams and the Williams Grand Prix Holdings board. Alex Burns, previously Chief Executive Officer of the company, will leave the company with immediate effect.