News Details
Williams reports substantial loss for 2014
– Williams Grand Prix Holdings has reported a sizeable loss of £34.3m for 2014, although the company is adamant that its financial results will improve this year.Williams began a major restructuring process in 2013 in a bid to improve the performance of its struggling Formula 1 team and establish a profitable engineering business.Revenues thus fell from £130.4m to £90.2m in 2014, driven by the increased costs of competing in the sport and its ninth-place classification in the 2013 standings.However, the results do not reflect Williams' on track revival, which saw it jump to third position last season, with commercial rights revenue earned a year in arrears."The decision to...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Williams group posts £34.3m loss for 2014
Williams Grand Prix Holdings has announced a substantial £34.3m loss for...
10y ago from Crash.net
Williams reports £34.3m loss in 'year of transition'
Williams Grand Prix Holdings PLC today announced the Group's financial...
10y ago from Pitpass.com
Williams posts a loss of £34.3m for 2014
Williams Grand Prix Holdings has reported a loss of £34.3m for 2014 –...
10y ago from Motorsport.com
Williams posts a loss of £34.5m for 2014
Williams Grand Prix Holdings has reported a loss of £34.5m for 2014 –...
10y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales still struggling with injury; to...
No description available...
1h ago from Motorsport.com
Francesco Bagnaia on Brazilian GP debacle: MotoGP must...
No description available...
2h ago from Motorsport.com
Marco Bezzecchi on US GP chances: Marc Marquez’s...
No description available...
2h ago from Motorsport.com
MotoGP chiefs visit Buenos Aires construction site...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
1h ago from Motorsport.com
Andretti boss explains Will Power’s steep transition...
No description available...
5h ago from Motorsport.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
1d ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
6h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
12h ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Man United plot shock raid on Premier League rivals...
Myles Lewis-Skelly has been linked with a move away from Arsenal at the...
2h ago from CaughtOffside.com
Everton join race as Newcastle push to sign...
Newcastle United are interested in signing the Arsenal defender Ben White...
3h ago from CaughtOffside.com
Arsenal plotting 50m swoop for Frenchman after...
Arsenal are interested in signing the Sunderland midfielder Enzo Le Fee....
4h ago from CaughtOffside.com
Arsenal scouts dazzled by defensive gem but face...
Arsenal are interested in signing the Hearts defender Alfie Osborne at the...
5h ago from CaughtOffside.com
Comments
Hottest News
FIA confirm 'extensive' Ferrari inspection ahead of...
The FIA have announced the outcome of an... Read More »
1h ago from GPFans.com
'Can we get over Christian Horner': Why former Red Bull...
Christian Horner making a return to F1 very soon... Read More »
2h ago from GPFans.com
Max Verstappen ban on British journalist angers media as...
Four-time F1 champion Max Verstappen has prompted... Read More »
5h ago from GPFans.com
