Williams Grand Prix Holdings PLC (XTRA:WGF1) is considering a sale of its now struggling Formula One team as part of a new strategic direction, Williams said. "The WGPH board is undertaking a review of all the various strategic options available to the company," it said. "Options being considered include, but are not limited to, raising new capital for the business, a divestment of a minority stake in WGPH or a divestment of a majority stake in WGPH including a potential sale of the whole company".