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BMW WilliamsF1 Team - Car Launch

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The BMW WilliamsF1 Team Launches The FW25 at Barcelona

31 Jan 2003, Barcelona, 11:30 CET. With an innovative chassis, strong engine
and raised expectations, the BMW WilliamsF1 Team unveiled its new car the
WilliamsF1 BMW FW25 at the Circuit de Catalunya in Spain. The car launch
ceremony began at 11:30 hrs in front of an audience of international media
and
guests. Team drivers Juan Pablo Montoya (COL) and Ralf Schumacher (GER) are
scheduled to complete their first laps in the new FW25 at 14:30 hrs, and
give their
assessment of the new chassis and BMW's new P83 powerplant.

Patrick Head, Technical Director of WilliamsF1 commented, "The chassis
derives
little from previous cars. The approach has relied less on iteration, and
instead has
called for the generation of new ideas. 2002 showed us that our chassis was
a
model of reliability, but that there's still room for improvement
particularly on the
aerodynamic front. That's why the FW25 is a completely new race car."

The FW25 is shorter than the FW24, under the skin all of the key
installations are
reworked, not least of which is the drivetrain. In terms of the aero
package,
WilliamsF1 has approached this car with a new philosophy, which is apparent
in the
different visual appearance.

The FW25 was designed by a team led by Chief Designer Gavin Fisher at the
WilliamsF1 headquarters in Grove, while the engine was designed at the BMW
F1
factory in Munich under the guidance of Heinz Paschen (Director of F1
Development).

"To achieve our aims," added BMW Motorsport Director Mario Theissen, "We
have
built an even more powerful engine in Munich. Yet again, we were the first
to test it
on the track and even earlier than last year. The BMW P83, like its two
predecessors, is designed to be the most powerful engine in Formula One."

Team Principal Frank Williams confirmed, "We are well prepared and
completely
determined to get to the top. We have a new, innovative chassis as a product
of a
completely different way of thinking. And with the P83, BMW has developed
another new and more powerful engine. With Juan Pablo Montoya and Ralf
Schumacher we have two winning drivers ably assisted by a skilled and
committed
team. Moreover, we have been very impressed by the performance steps taken
by
Michelin over the winter."

Referring to the targets for 2003, BMW Motorsport Director Gerhard Berger
said,
"We want to pick up from where we left off in terms of our qualifying
performance
of 2002, especially under the new regulations for a single timed lap. But
for the
2003 season we have firmly resolved to claim more wins and podium places.
We're focused ahead while also keeping an eye on the competition in the
rear-
view mirror."

The partnership between WilliamsF1 and BMW enters its fourth year in 2003,
and
having so far demonstrated a year-on-year progression towards the ultimate
goal
of securing a world championship title by 2004, both organisations are
acutely
aware that there is significant expectation for the season ahead to realise
the
teamís ultimate ambitions.

A major initiative has been underway since June 2002 to better integrate the
WilliamsF1 and BMW operations. Process management improvements will more
closely integrate the partnership, accelerating the exchange of information,
linking
production considerations between Oxford and Munich, and ultimately
delivering
developments to the track in a shorter and more effective fashion. However,
with
major changes envisaged after the January 15 FIA meeting, the season is
certain
to be less predictable.

In spite of what is widely regarded as a difficult economic climate, the BMW
WilliamsF1 Team has maintained a strong commercial momentum going into the
2003 season. Before the New Year, the team announced renewals of long term
associations with Accenture (September) and Petrobras (December), bringing
the
duration of these two partnerships to sixteen years in total. Reuters also
announced a renewed association with the team, with their branding now
visible
on team assets such as radio headsets. With an established principal
partnership
with HP carrying over into 2003, other major sponsors such as Allianz, FedEx
and
7 Up (who have increased their commitment to the team) are joined by two new
global organisations for the new season ahead. Technical sponsors Castrol
and
Michelin continue to contribute vital technology and funds to the team.

Oris, the premium Swiss watch manufacturer join the BMW WilliamsF1 Team as
an official supplier as do PPG, the industrial conglomerate, who will supply
the
team with specialist paint coatings.

In conclusion to a hectic commercial winter, BMW WilliamsF1 Team Principal
Frank Williams said, "It is undoubtedly a tougher commercial terrain out
there, but I
am extremely pleased that the team has managed to buck the trend. It is
heartening that both our existing partners continue to derive value from
their
association with Formula One, and that we have attracted valuable new
partnerships with some extremely prestigious organisations."

Alongside Montoya and Schumacher, Spaniard Marc GenÈ, the team's official
test
driver, will support the car's development programme. The first official
test session
for the FW25 will start on the 1st of February at the Circuit de Catalunya.

High resolution shots (app 14:00hrs GMT) as well as the new press pack in
English
and in German can be downloaded from: www.press.bmw.com (register at any
time)
and from the team website at www.bmw.williamsf1.com

A CD-ROM with new pictures and the full press pack in five languages
(English,
French, German, Italian and Spanish) will be available before the start of
the season.