News Details
Williams takes a loss in 2012
Formula 1 team Williams made a pre-tax loss of £5 million ($7.76 million) last year due to several long-term investments, including one that makes hybrid systems for public transport. The British-based team announced Monday its revenue increased 22 percent to £127 million ($197 million) compared to £104.5 million ($162.2) in 2011. But it still swung to a loss, compared to profits of £7.4 million the previous year. It lost £2.6 million ($4 million) in Williams Hybrid Power, which produces hybrid systems and other motor sport applications based on the KERS system used in F1. Williams has struggled in the early part of the F1 season and has yet to score a point...
Full Story »
Full Story »
12y ago from F1Pulse.com
0
You May Also Be Interested In...
Williams posts £5 million loss for 2012
Williams Grand Prix Holdings has posted a pre-tax loss of £5 million for...
12y ago from GPUpdate.net
Williams records £5 million loss in 2012
The Williams Group recorded a £5 million loss in 2012, its latest...
12y ago from TheF1Times.com
Williams records UKP5 million loss
The Williams group recorded a loss of £5.0 million in 2012 as a result...
12y ago from AutoSport.com
Elsewhere On The Network
Popular On MGPToday.com
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
7h ago from Motorsport.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
1d ago from MotorsportWeek.c...
Joan Mir confirms new Honda engine sees improvement in...
Joan Mir confirmed that Honda's new engine has shown improvements in 'all...
1d ago from MotorsportWeek.c...
Pedro Acosta did have surgery for arm-pump syndrome...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing continues partnership with Homes For...
AJ Foyt Racing has announced that it will once again partner with Homes...
1h ago from MotorsportWeek.c...
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
2d ago from Motorsport.com
2025 Indianapolis 500 Chevrolet ZR1 pace car unveiled
No description available...
2d ago from Motorsport.com
Corvette ZR1 pace car revealed for 109th Indy 500
Indianapolis Motor Speedway has revealed the pace car that will head the...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
12h ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
1d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Asking price set: Arsenal very interested in...
Arsenal are very interested in signing the Roma defender Evan Ndicka at...
3h ago from CaughtOffside.com
Arsenal vs Bournemouth Prediction and Betting Tips |...
Arsenal and Bournemouth will square off in a Premier League matchday 33...
3h ago from SportsKeeda.com
Arsenal and Liverpool want 33-goal 'physical beast'...
Arsenal and Liverpool are among clubs keen on signing the Celtic attacker...
4h ago from CaughtOffside.com
Man United transfer news: Red Devils 'in head-to-head...
Atletico Madrid are reportedly in competition with Manchester United for...
5h ago from SportsMole.co.uk
Comments
Hottest News
Oscar Piastri responds to Australian F1 legend's critique...
Oscar Piastri has responded to comments made by... Read More »
1h ago from MotorsportWeek.com
Carlos Sainz ‘not surprised' by Lewis Hamilton...
Carlos Sainz said he’s “not surprised”... Read More »
6h ago from MotorsportWeek.com
F1: Miami Grand Prix: FIA Drivers Press Conference
Today's press conference with Yuki Tsunoda,... Read More »
1h ago from Pitpass.com
