Walter Wolf Racing was a Formula Oneconstructor from 1976 to 1980. In 1975, the Slovenian-Canadian businessman Walter Wolf had started to appear at many of the F1 races during the season. A year later, he bought 60% of Frank Williams Racing Cars while agreeing to keep Frank Williams as manager of the team. Simultaneously Wolf bought the assets of the Hesketh team that had recently withdrawn from F1. The team was based in the Williams facility at Reading but used most of the cars and equipment once owned by Hesketh Racing. The Hesketh 308C became known as the Wolf-Williams FW05 and soon afterwards Dr. Harvey Postlethwaite arrived as chief engineer. Jacky Ickx and Frenchman Michel Leclère were hired to drive. The team however was not very competitive and failed to qualify at a number of races during the year. Leclère left after the French Grand Prix and was replaced by Arturo Merzario while Ickx failed to perform and was dropped after the British Grand Prix, to be followed by a string of pay-drivers.
See more at Wikipedia.org...