News Details
Williams reveals more than $50 million loss
The Grove based F1 squad Williams has revealed it recorded a more than $50 million loss in 2014. Williams, listed on the Frankfurt stock exchange, enjoyed a surge in performance last year following a long slump, but took a financial hit due to 'lower revenue and higher costs'. In a statement, Williams explained that it had embarked on a 'turnaround strategy' in 2013 'following a number of years of deteriorating performance'. 'Consequently, and as anticipated, 2014 was a year of transition,' the team admitted, due in part to lower income and sponsorship as a result of finishing a woeful ninth in the 2013 world championship. Higher costs, Williams added, were due to 'the introduction of the...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Williams reveals over than $50 million loss
Williams has revealed it recorded a more than $50 million loss in 2014....
10y ago from GrandPrix247.com
Williams reports substantial loss for 2014
– Williams Grand Prix Holdings has reported a sizeable loss of...
10y ago from GPUpdate.net
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
Elsewhere On The Network
Popular On MGPToday.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
13h ago from Motorsport.com
The MotoGP changes Liberty Media should make,...
No description available...
1d ago from Motorsport.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
2d ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
1d ago from Motorsport.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
3d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
3d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Could time bonuses solve the “yo-yo effect” at the...
No description available...
10h ago from Motorsport.com
Dakar 2026, Stage 7: Mattias Ekstrom wins stage after...
No description available...
12h ago from Motorsport.com
Tyre Lottery at the 2026 Dakar Rally: What’s going...
No description available...
1d ago from Motorsport.com
Why M-Sport has faith in youth over experience WRC...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Player ratings: Portsmouth 1-4 Arsenal
Arsenal progressed to the fourth round of the FA Cup with a 4-1 victory at...
5h ago from FreshArsenal.com
Papers: Arsenal and Man City to battle for Livramento...
The top stories and transfer rumours from Saturday's newspapers...
5h ago from SkySports.com
Papers: Arsenal join the race to sign Guehi
The top stories and transfer rumours from Friday's newspapers...
5h ago from SkySports.com
Szoboszlai: Arsenal aren't champions yet, you don't...
It is still too early to crown Arsenal Premier League champions, says...
5h ago from SkySports.com
Comments
Hottest News
Aston Martin bends knee to Adrian Newey F1 demand
Aston Martin has hired ex-Red Bull simulation... Read More »
7h ago from MotorsportWeek.com
Charles Leclerc's family grows after pregnancy announcement
The family of Ferrari F1 star Charles Leclerc is... Read More »
3h ago from GPFans.com
Formula E: 'I didn’t think until the last lap that we...
On the back of his brilliant comeback drive at... Read More »
1h ago from F1Technical.net
