Williams' share price has plummeted amid the team's worst-ever start to a new Formula One season.
The team floated co-owner and long time technical boss Patrick Head's shares on the Frankfurt market prior to the start of the 2011 championship, but the Guardian reports that the price has fallen 27% since.
The big loser is Dutch investor Cyrte, who bought 5% of Williams. It's share is now worth €3.3 million less.
Sponsorship consultant Julian Cottam is pessimistic. "I can't see any motivation at all for a brand to align with a team that has made such a fundamentally flawed decision," he said. "I didn't see why Patrick Head was so determined to offload his entire stock in the business at a time when Williams has had a long period without any great success on track."
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