The FW24 was the further development of FW23 from the previous season. The heart of the car was the BMW V10 engine, one of the most powerful motor in the peloton. The power was accompanied by its less unreliability comparing to major rivals, and aerodynamics of FW24 was less efficient than in Ferrari and McLaren. Ralf Schumacher, who drove for the Williams for the fourth consecutive season, won the only victory of the team in Malaysia and finished 4th in the Driver’s Championship. His teammate Juan Pablo Montoya did not score the victory, but due to lot of 2-3 finishes was able to get 3rd position in the final standings. FW24 in hands of Montoya achieved the then fastest lap in Formula 1 history, setting pole position at Monza with a lap average of 259.827 km/h, 0.9 km/h faster than the previous record of Keke Rosberg set in 1985 at the British GP on Williams FW10. Excellent performance of the car and drivers led Williams team to the 2nd position in the Constructor’s Championship behind Ferrari, but ahead of McLaren.
| Season | Series | Event |
| 2002 | F1WC | |
| Driver | No. | Entrant |
| Ralf Schumacher | 5 | BMW WilliamsF1 Team |
| Scale | Manufacturer | Collection |
| 1:43 | Minichamps | |
| Cat. No. | Quality | Rarity |
| 400020005 | 
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