The chairman of the Williams Formula One team, Adam Parr has resigned. He will leave the Oxfordshire-based team at the end of the week. In a statement, the team principal Sir Frank Williams said Parr was seeking a "better balance in his life."
“I asked Adam to join Williams at the end of 2006 to support me in the running of our team. Adam’s achievements have surpassed my expectations and I must thank him for his service.“Adam leaves us on good terms to pursue a better balance in his life for which I wish him and his family well.“He has left us in good shape and I have every confidence that the Board and senior management team at Williams will continue to drive the business forward into a promising future.”