News Details
Williams reveals more than $50m loss
April 27, 2015 .- Williams has revealed it recorded a more than $50 million loss in 2014. The Grove team, 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...
Full Story »
Full Story »
10y ago from GPRacingPlus.com
0
You May Also Be Interested In...
Williams reveals more than $50 million loss
The Grove based F1 squad Williams has revealed it recorded a more than...
10y ago from ThisIsF1.com
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 £34m loss for 2014
Despite Williams Grand Prix Holdings PLC reporting a loss of £34million...
10y ago from RichlandF1.com
Williams reports substantial loss for 2014
– Williams Grand Prix Holdings has reported a sizeable loss of...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Franco Morbidelli at risk of ride-through penalty...
No description available...
51m ago from Motorsport.com
Marc Marquez sets lap record in second Misano MotoGP...
Championship leader Marc Marquez set a new lap record to top the second...
2h ago from MotorsportWeek.c...
MotoGP unveils new championship trophy
On Thursday, MotoGP officially revealed its brand-new championship trophy...
1h ago from MotorsportWeek.c...
Franco Morbidelli tops first Misano MotoGP practice
Despite crashing on his final run, VR46 Ducati rider Franco Morbidelli...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Robert Shwartzman refutes rumors about unhappiness in...
Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...
2d ago from MotorsportWeek.c...
Christian Lundgaard calls first McLaren season a...
No description available...
2d ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Frustrated Thierry Neuville facing WRC Rally Chile...
No description available...
41m ago from Motorsport.com
WRC Chile: Elfyn Evans inherits lead after Kalle...
No description available...
2h ago from Motorsport.com
WRC Rally Chile drivers, teams thrown curveball as...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
'100%' – Sources reveal hugely positive Arsenal...
Arsenal may be set to receive good news on both William Saliba and Bukayo...
1h ago from CaughtOffside.com
‘They are the strongest’: Arteta says Liverpool...
t;li>Champions signed Wirtz and Isak during transfer window‘They have...
2h ago from TheGuardian.com
'He's evolving well' | Arteta cautious over Saka...
Arsenal manager Mikel Arteta remains cautious over Bakayo Saka's injury at...
3h ago from SkySports.com
'It's unbelievable' | Arteta hails Raya clean sheet...
Arsenal manager Mikel Arteta has fun with the media as he hails David...
3h ago from SkySports.com
Comments
Hottest News
Toto Wolff reveals Christian Horner text after Red Bull...
Mercedes Team Principal Toto Wolff has revealed... Read More »
2h ago from MotorsportWeek.com
Prost: I absolutely don’t believe Hamilton’s talent...
“I’m useless, absolutely useless. The team... Read More »
1h ago from GrandPrix247.com
Wolf to Audi! F1 team poach key manager from rivals
Audi F1 team have acquired a key figure from one... Read More »
10h ago from GPFans.com
