David Richards (motorsport executive)

Template:Short description Template:Use dmy dates Template:Use British English Template:COI Template:Infobox person David Pender Richards Template:Post-nominals is the chairman of Prodrive and chairman of Motorsport UK. He is former chairman of Aston Martin and a former team principal of the BAR and Benetton Formula One teams.

Education

Richards attended Ysgol Brynhyfryd in Ruthin.<ref name="k154">Template:Cite news</ref>

Rally driving

Richards won the 1981 World Rally Championship as a co-driver to Ari Vatanen.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>Template:Better source

Prodrive circuit racing

In 1987 Prodrive entered into what was to become a long-standing partnership with BMW in the British Touring Car Championship. They took the Class B title three times, from 1988 to 1990, winning outright in 1988 with Frank Sytner.<ref name="Prodrive.com">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Formula One

File:Villeneuve BAR USGP 2003.jpg

Jacques Villeneuve driving for the then Prodrive-run BAR team at the US Grand Prix at Indianapolis in 2003

Richards became chief executive of Benetton Formula in Template:F1, replacing Flavio Briatore.<ref name="Benetton"/> He left after just a year in his post and was replaced by Rocco Benetton for Template:F1.<ref name="Benetton">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

When the British American Racing (BAR) team was restructuring after the departure of Craig Pollock in 2001, the owners, British American Tobacco (BAT), brought in Prodrive to run the team with Richards as its team principal. Under his direction there was an immediate improvement in performance, ultimately leading to the team taking second place in the 2004 F1 Constructors' Championship. Richards also brought Jenson Button to the team and made him lead driver, providing the majority of their championship points in 2004. This success led to BAT selling a 45% share of the team to Honda in late 2004. With Prodrive having completed its management contract with BAT, Richards stood down as team principal and Prodrive's then managing director Nick Fry assumed this role.<ref>Template:Cite journal</ref>

His Prodrive company entered a bid to enter a Formula One team for the 2008 season and on 28 April 2006, Prodrive were officially granted entry when the FIA announced the list of entrants to the 2008 Formula One World Championship.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> However, on 22 November 2007, he was forced to announce that Prodrive F1 would not be competing in the 2008 Formula One World Championship after a lack of clarity over the legality of 'customer cars' and the threat of possible legal action.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Aston Martin

On 12 March 2007, Richards led a consortium of investors including Investment Dar and Adeem Investment, raising $925 million to finance the purchase of Aston Martin from Ford. Richards subsequently became chairman of the car company. He stepped down from this role at the end of 2013.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Personal life

On 16 September 2007 Richards and his wife, Karen, survived a forced landing in their helicopter in Essex whilst returning from the 2007 Belgian Grand Prix, less than 24 hours after his former WRC driver, Colin McRae, perished in a similar accident along with his son and two others.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> Based on Prodrive's statement after the incident, Richards was piloting Prodrive's Eurocopter EC 135. Both Richards and his wife Karen walked away unharmed.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In the 2005 New Year Honours, Richards was appointed a CBE for his services to motorsport.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> In 2017, he was inducted into the Motor Sport Hall of Fame and received the Spirit of Le Mans award from the Automobile Club de l’Ouest (ACO).Template:Cn In 2019 he received the Autocar Outstanding Leader Award.Template:Cn Cranfield School of Management awarded Richards an Honorary Doctor of Science degree in 2008.<ref name="HonGrad">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

References

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