- Paddy Lowe cleared to join Mercedes from McLaren on June 3
- Lowe to work alongside team principal Ross Brawn as executive director (technical)
- Williams deputy team principal says finances more important than race result
- Claire Williams also describes Valtteri Bottas as a future world champion
After four months on the scrapheap Paddy Lowe will be back in the fast lane in June after his switch from McLaren to Formula One rival Mercedes was confirmed.
Lowe was recruited by Mercedes in January only for McLaren to remove him from his role as technical director and insist he sees out his contract, which was set to expire at the end of the current season.
It was originally thought Lowe would replace current Mercedes team principal Ross Brawn, but he will now work alongside his fellow Briton as "executive director (technical)" from June 3.
"I am excited to become part of a highly talented and capable technical organization," said Lowe, who follows 2008 world championship-winning driver Lewis Hamilton in swapping McLaren for Mercedes, in a statement.