Sir Frank Williams on Thursday expressed anger at the media reportage of key sponsor Royal Bank of Scotland's (RBS) withdrawal from formula one at the end of 2010.

Sir Frank Williams on Thursday expressed anger at the media reportage of key sponsor Royal Bank of Scotland's (RBS) withdrawal from formula one at the end of 2010.

The independent British team's boss and co-owner said he is frustrated at how the BBC, Britain's public broadcaster and the country's new formula one broadcast rights holder, explained the implications of the loss of Williams' second largest backer.

"The stories by the BBC expressed doom and gloom," the 66-year-old told reporters at a pre-season media event at Grove.

"(It) was presented in such a way that it was the end of the world for formula one. That is totally, totally untrue and incorrect," Williams insisted.

Sir Frank said the RBS's problems are well known, and that it was always almost certain that the bank would withdraw sponsorships of this kind.

It also emerges that, although to remain on the Williams livery this year and next, RBS will stop advertising trackside at grands prix as soon as is contractually possible.

 

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