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Looks like a Cup race car to me with it being that low and the offset of those white speedlines. On a 197/Cup they sit a lot further in. No rear wiper also.
Could have been bought as a track day toy by someone.
It was kept by Frank Williams. He then sold off a load of his collection a year or so back. In the collection was 0001. The person who bought the collection only wanted the old F1 cars so Renault bought 0001 off them to show.