Stephens, an unbiased monetary providers agency, yesterday introduced that it’s going to associate with the Formula 1 World Championship group Williams Racing because the group’s Official Investment Banking associate for the 2023 season.
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Stephens’ partnership with Williams Racing, which can final for a number of years, is a vital advertising transfer because the full-service monetary providers firm grows within the U.S. and Europe. The Stephens emblem will adorn the FW45 race vehicles and the driving force race fits.
Founded in 1933, Stephens is among the largest family-owned monetary providers corporations within the United States. Stephens’s principal workplace is in Little Rock, Arkansas, and London and Frankfurt in Europe.
Since its begin in 1977, Williams Racing has received 16 FIA Formula One World Championships. This makes it one of the crucial profitable groups in Formula 1 historical past. Nine of those titles have been received within the Constructors’ Championship in affiliation with Cosworth, Honda and Renault. The remaining seven titles have been received within the Drivers’ Championship with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel Mansell, Alain Prost, Damon Hill and Jacques Villeneuve.
After 44 years of being owned by the Williams household, the group modified fingers in 2020 when it was offered to an American personal funding agency. The group’s founder, Sir Frank Williams, and his daughter, Claire Williams, the Deputy Team Principal, left the corporate. The group has entered a transformative new chapter on and off observe.
“Stephens is proud to be a sponsor of Williams Racing. This fits well with our overall marketing plans, especially as we try to get more people to know about us and build the Stephens brand in Europe. The F1 audience is a key target for our firm,” said Miles Stephens, a Stephens principal.
Williams Racing Commercial Director James Bower continued: “We’re thrilled to welcome Stephens to the Williams Racing family. This is one of the most exciting times in the sport’s history as the U.S. has embraced F1 in recent years. That coincides with a transformative era for Williams Racing, and we are delighted that they joined our journey.”
About Stephens
Stephens is an unbiased, privately owned, full-service funding agency. Our funding banking division has workplaces in each the U.S. and Europe. It offers unbiased recommendation and handles the complete vary of funding banking providers:
Mergers and acquisitions
Underwritings of public debt and fairness securities
Private placements of debt and fairness
Restructurings and recapitalizations
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