News Details
Williams group posts £34.3m loss for 2014
Williams Grand Prix Holdings has announced a substantial £34.3m loss for 2014, but insists it is simply the legacy of the struggles associated with its lowly placing in the 2013 constructors' standings. The group underwent a restructure in 2013 in an effort to revive the fortunes of its flagging F1 team, as well as place greater emphasis in its profitable engineering business. As such, Williams claims 2014 was considered a year of transition, which is thus reflected in its final results. Consequently, with higher costs in a sport in which commercial rights revenue is earned a year in arrears, the group reported a revenue of £90.2m (2013: £130.4m), with an EBIT of (£34.3m) (2013:...
Full Story »
Full Story »
You May Also Be Interested In...
Williams posts a loss of £34.5m for 2014
Williams Grand Prix Holdings has reported a loss of £34.5m for 2014 –...
9y ago from Motorsport.com
Arrivabene insists Raikkonen contract extension...
Kimi Raikkonen has to earn a new contract with Ferrari, according to Team...
9y ago from TheCheckeredFlag....
Hamilton: I am gunning for my third world title
Lewis Hamilton is on a roll, winning the Bahrain Grand Prix for the...
9y ago from GrandPrix247.com
Pirelli unveils tyre compounds for next four races
Pirelli has uneviled which compounds it will take to the Spanish, Monaco,...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
How Marquez's signing elevates Ducati's presence in...
No description available...
12h ago from Motorsport.com
The parallel challenges facing Ferrari and Ducati in...
No description available...
14h ago from Motorsport.com
Bagnaia certain Marquez will be his main rival for...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
4d ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
3d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
4d ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
3h ago from Motorsport.com
Sebastian Ogier does it again! Venit, vidit, vicit.
Sebastian Ogier and Vincent Landais overcame everything that Rallye Monte...
8h ago from MotorsportWeek.c...
Ogier hopeful historic 10th win is not his last Monte...
No description available...
6h ago from Motorsport.com
WRC Monte Carlo: Ogier claims record-extending 10th...
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
PGMOL 'appalled' by Oliver social media abuse after...
PGMOL says it is "appalled" at the level of vitriol directed at...
4h ago from SkySports.com
Premier League Team of the Week: Erling Haaland, Cody...
Sports Mole selects its Premier League Team of the Week for gameweek 23,...
1h ago from SportsMole.co.uk
'Can I just say? It's a joke' - Ian Wright vents...
No description available...
4h ago from SportsKeeda.com
PGMOL ‘appalled’ by abuse of referee Michael...
No description available...
3h ago from TheGuardian.com
Comments
Hottest News
Ricciardo targeted as new role emerges for 2025 season -...
Daniel Ricciardo found himself in the spotlight... Read More »
1h ago from GPFans.com
Rolex 24: Penske Porsche claim back to back wins, Magnussen...
Porsche Penske Motorsport on Sunday won the Rolex... Read More »
4h ago from GrandPrix247.com
Axed F1 star targets Ricciardo in 'prank call'
Daniel Ricciardo and a fellow cast of Formula 1... Read More »
2h ago from GPFans.com
