Brawn, as majority shareholder, stood to do very well financially from the deal and remained as team principal.

He is considered one of the most widely experienced team principals in recent decades.

During his time as team principal, Stoddart campaigned for reduced costs in the sport.

He has also courted a certain degree of controversy, both with race officials and team principals.

She is the first female team principal in Formula One.

West met with the team principals on Saturday at Thruxton and agreed to the extension.

Briatore resigned as team principal of Renault due to a race fixing scandal.

"Whatever action we take, I shall remain the majority shareholder and the team principal."

His team principal Ross Brawn has been won over.

Mr Williams, the team principal, plans to retain a majority shareholding.