In response to BAR's press release regarding the Contracts Recognition Board's findings, WilliamsF1 issued its own statement at 15:30 on Tuesday 10 August.

In relation to the statement issued by BAR ('Button Contracted to BAR in 2005'), the BMW WilliamsF1 Team reiterate it is Jenson's intention to drive for the team in 2005, and that his contractual position provides for this. The team would also like to clarify the following matters:

The Contracts Recognition Board (CRB) is not a constituent element of the FIA, but an independent body set up under the Concorde Agreement between the Formula One teams, the commercial rights holder (FOM) & the FIA. It is therefore wholly incorrect to refer or indicate that the decisions made by the CRB are an endorsement of a legal position by the FIA.

BAR's statement today is misleading. BAR have registered what they believe to be a valid claim over Jenson Button for 2005. The CRB have not endorsed the validity of this claim, but have simply confirmed receipt of BAR's documentation.

This does not mean that their contract is valid, or holds precedence over other contracts with Jenson Button.

As a matter of record, WilliamsF1 has a contract with Jenson Button deposited with the CRB in October 22, 2002. Receipt of this deposit was also acknowledged by the CRB.

In the opinion of the BMW WilliamsF1 Team, BAR have failed in their responsibility to correctly exercise certain option clauses in their contract with Jenson Button, and as such, their contract has expired, and Williams' contract is valid.