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
Alex Marquez to ride identical Ducati to Marc Marquez...
No description available...
10h ago from Motorsport.com
How Liberty Media's immersion in MotoGP intensified at...
No description available...
12h ago from Motorsport.com
Pirelli buoyed by MotoGP tyre test ahead of 2027...
No description available...
1d ago from Motorsport.com
Analysis: Honda brings new fairing and ‘spoon’ to...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Team Penske places David Malukas in the iconic #12...
Team Penske has announced that David Malukas will be joining the team and...
9h ago from MotorsportWeek.c...
Team Penske signs David Malukas in multiyear IndyCar...
No description available...
8h ago from Motorsport.com
The good, bad, and ugly of IndyCar's 2026 schedule
No description available...
2d ago from Motorsport.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg wants “full season in WRC” after...
No description available...
4d ago from Motorsport.com
Why Elfyn Evans claims "everything is open"...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
3d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Bukayo Saka 'likely' being targeted for Arsenal return...
Arsenal winger Bukayo Saka could reportedly be likely to come back against...
10h ago from CaughtOffside.com
Report: Arsenal, Man United & Liverpool keen on...
Birmingham City goalkeeper Alfie Smith has been linked with a move away...
2h ago from CaughtOffside.com
Episode 845 – Bilbao
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
11h ago from Arseblog.com
Paul Merson predicts Arsenal vs Manchester City,...
Liverpool have done it again! They've been extremely lucky in the Premier...
9h ago from SportsKeeda.com
Comments
Hottest News
Red Bull storm expected after Christian Horner bombshell
Red Bull could be in for a much tougher F1 season... Read More »
3h ago from GPFans.com
Hamilton: I got rid of all my cars, I’m more into art...
Ferrari superstar Lewis Hamilton, Formula 1's... Read More »
1h ago from GrandPrix247.com
MotoGP: MotoE set to disappear at the end of the current...
After a seven-season spell, the FIM and Dorna... Read More »
46m ago from F1Technical.net
