With the confirmation that both Frank Williams and Patrick Head would be selling parts of their private shares of the Williams team as part of the teams share flotation, both have made it clear that they are still committed to the future of their Williams team.

With the teams flotation taking place at the Frankfurt Stock Exchange next month Williams has revealed more details of the flotation saying that the team offer up to twenty seven percent equity in the team to private investors.

In order to raise this equity both Williams and Head will share part of their private holdings. In particular Head who will sell close to twenty percent of his share in the team. He will reduce his stake in the Williams company from 23.5 percent to just 5.8 percent. Williams will sell a 6.4% equity part in the team. This will still see Williams hold 50.3 percent of the company.

The sale is expected to raise 46.8 million Euros, based on an estimated share price of  26.5 Euros per share. This sale will see the funds raised go to Williams and Head, raising the speculation that both are organising for their future retirement.

Despite this both Williams and Head have made it clear that they are still committed to the team.

In an interview in London Williams spoke of his position within the team. Williams said:
"I want to be clear at this point that when we move ahead, I will remain as a major shareholder of this group and I will have endless energy for a long time to come to make sure that the team not only prospers but continues to do better and better on the circuits.

"F1 is immensely competitive and there is no time to rest, no time almost to sleep. There are some extraordinarily clever, and driven, above average competent people we have to beat – and to challenge them is quite a challenge."

Head said he hopes to shift the focus to other business interests of the company although he would still be available.

Head added: "I passed the position of technical director to Sam Michael in 2004 and, since then, I've still been quite heavily involved in the process of designing the F1 car, in support of Sam," he said.

"From what I observe, I think he [Michael] is more than capable of flying on his own – so with Sam building it and with my support he has built a very good structure within the team.

"Equally I am 65 this year, and still a pretty healthy 65 I think. I think I have most of my marbles up top still and I can carry on contributing.

"It is the case that Williams is a very strong company in the engineering sense. It always has been and it has always been an aim for Frank and myself to have it that way – and my interest is as an engineer rather than as, what Frank would call, a racer.

"I have always been driven by engineering and I am heavily involved in Williams Hybrid Power. It has its own technical people, but I am heavily involved in the support of that company.

"There are areas where F1 can contribute to other areas of technology, and I shall probably put my attention more to that. Meanwhile I shall keep a watching brief on the F1 side and if there is anywhere I can help, I shall do something. The reports of my demise are premature."