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Williams pay price for better performance
Investment to restore the on-track performance at Formula One team Williams pushed the former world champions into a financial loss in the first six months of the year, the team's owner said on Friday. Williams have enjoyed a racing revival this season and have 150 points and stand fourth in the team standings ahead of this weekend's Italian grand prix. Last year, the team managed only five points all season. That improvement came at a price, with parent company Williams Grand Prix Holdings reporting an operating loss of £17 million in the first half of 2014. "These financial results are in line with the board's expectation of what is required to rebuild and reinvigorate the...
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10y ago from SuperSport.com
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