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Official statement from WilliamsF1

NEWS STORY
21/09/2005

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."

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