Williams team principal and co-owner Sir Frank Williams, believes his outfit has turned a corner and begun afresh, after suffering their worst season to date in 2011.
The historic team finished the year with just five points, placing them last of the established runners.
In an attempt to turn things around, the Grove based outfit has made a string of changes which include new technical hirings, a new engine supplier in Renault and a new driver line-up.
“One could say that looking at the Williams F1 Team today we are off to a truly fresh start,” said Williams. “We have a new car, new driver line up, new engine and new senior personnel.
“We also have a number of new partners who have joined the team in the past few months. I’d like to take this opportunity to welcome them formally and sincerely wish that they have an enjoyable and, most importantly, a valuable experience with us.
“The team has had a good winter at the factory and we feel ready and strong for the fight.”