News Details
Williams F1 reports 30 per cent rise in profits
The Williams Formula 1 team has reported a rise in profits of just under 30 per cent in their latest statement for the 2017 financial year. The British team, which is part of the wider Williams Grand Prix Holdings PLC Group, saw a rise in both revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization) on the back of another fifth-place finish in the Constructors' Standings. F1 revenue rose by £8.9 million ($12.5m) to £125.6m ($176.6m), whilst profits increased 30 per cent to £16m ($22.5m), compared to £12.4m ($17.4m) in 2016. The Advanced Engineering department recorded a £5m profit,...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Qualifying Results – 2018 Rome E-Prix
Rome E-Prix – Here are the session results from the qualifying...
6y ago from FormulaSpy.com
Williams warns F1: ‘We could close down'
Williams' deputy team principal Claire Williams has cast doubt on the...
6y ago from PlanetF1.com
Lance Stroll ‘shocked’ at depth of Williams F1...
Lance Stroll has admitted he is 'shocked' about Williams' woeful...
6y ago from ThisIsF1.com
First lap delay wrecked prospects – Sergio Perez
Force India’s Sergio Perez says his Chinese Grand Prix prospects...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez tops Barcelona MotoGP test as Marc makes...
No description available...
12h ago from Motorsport.com
Marquez completes first laps on factory Ducati in...
No description available...
17h ago from Motorsport.com
Mir on Honda's lack of new parts in Barcelona MotoGP...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar hopefuls complete test day at Thermal Club
Six different drivers completed a private test day at The Thermal Club on...
5h ago from MotorsportWeek.c...
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
10h ago from MotorsportWeek.c...
Arrow McLaren and Team Principal Gavin Ward part ways
No description available...
12h ago from Motorsport.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
17h ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
4d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Official announcement soon: latest Man City update is...
Pep Guardiola has agreed a contract extension with Man City which will see...
7h ago from CaughtOffside.com
West Ham could have £27.5m failure back for major...
West Ham and Niclas Fullkrug is a relationship that has yet to get going...
6h ago from CaughtOffside.com
Newcastle 'idol' Bruno Guimaraes addresses Man City...
Newcastle United 'idol' Bruno Guimaraes responds to speculation linking...
9h ago from SportsMole.co.uk
Spurs 'join' Arsenal in race to sign La Liga star...
Tottenham Hotspur reportedly join rivals Arsenal in the race to sign a La...
9h ago from SportsMole.co.uk
Comments
Hottest News
Perez Red Bull future takes SHOCK twist as Ricciardo...
Sergio Perez’s Red Bull future could take a... Read More »
5h ago from GPFans.com
Verstappen makes debut in Honda hypercar: Here are the...
Max Verstappen is fast in anything that has four... Read More »
6h ago from GPBlog.com
Red Bull star offers STUNNING Verstappen 'villain' verdict...
Former Red Bull Racing driver David Coulthard has... Read More »
8h ago from GPFans.com
