WilliamsF1
today confirmed that it had reached an agreement with Jenson Button to release him from his contractual commitment to the team for
2006 and beyond.
As consideration for the release from the terms of his contract, Jenson has agreed a financial settlement
with WilliamsF1.
Button acknowledged the binding terms of his contract with WilliamsF1 and appreciated the efforts that
had been made to find a resolution. He said, “I would like to thank Frank for accommodating a compromise to what was a binding
contract and I regret the difficulties my decision has caused everyone involved.”
Frank Williams wished Jenson well in the
future and said, “I am glad that we have brought this matter to a conclusion and we can return to what we do best – racing.”
