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New deal for WilliamsF1

NEWS STORY
20/01/2006

WilliamsF1 today announced that the Randstad Group, one of the largest temporary and contract staffing organisations in the world, has concluded a contract to partner the team into the medium term.

Randstad's core business is in the provision and development of human capital, the lifeblood of any successful organisation. Success in Formula One demands the very best people performing at their optimum, consistent with Randstad's unparalleled ability to attract, coach and retain talented people for its global client base.

As an official supplier, the Randstad brand will feature within the team environment, including the trucks and garage wallboards. Importantly, Randstad will be using its association with WilliamsF1 to communicate its competencies to an international audience and emphasise the fundamental role that talented people make to organisational success.

The fast-growing Randstad Group, which generated revenues of € 5.8 billion in 2004, with a net income of € 199.6 million, showed net growth year-on-year of 15% in the third quarter of 2005. Currently, almost a quarter of a million people are placed in employment by Randstad every day, managed and co-ordinated by Randstad's 2,410 global branches. The company is a market leader in territories including Belgium, Germany, Poland, the Netherlands and in the south-eastern regions of the United States.

On the confirmation of the partnership, WilliamsF1's Team Principal, Frank Williams said, "We have long acknowledged that our achievements over the past three decades have been born out of the commitment and tenacity of our remarkable workforce. We are delighted therefore to form this important association with Randstad and assist them in the communication of the message that people are the core to success."

Randstad's CEO, Ben Noteboom, commented: "We are delighted to be able to announce this partnership with the WilliamsF1 Team. With a long history of innovation and success, and its status as one of the few remaining independent teams in F1, the Williams ethos dovetails well with our strategy to bring people further, and to strive for perfection. Because we are active worldwide, the partnership will offer a unique platform to highlight Randstad's brand position as human, yet competitive. We are really looking forward to working with WilliamsF1."

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