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 »
7y 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...
7y ago from FormulaSpy.com
Williams warns F1: ‘We could close down'
Williams' deputy team principal Claire Williams has cast doubt on the...
7y ago from PlanetF1.com
Lance Stroll ‘shocked’ at depth of Williams F1...
Lance Stroll has admitted he is 'shocked' about Williams' woeful...
7y ago from ThisIsF1.com
First lap delay wrecked prospects – Sergio Perez
Force India’s Sergio Perez says his Chinese Grand Prix prospects...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
German GP signs deal to remain on MotoGP calendar...
The organisers of the German GP have announced that the race will remain...
2h ago from MotorsportWeek.c...
Fabio Quartararo bemoans Yamaha’s ‘zero...
Fabio Quartararo admits his Yamaha currently has “zero potential”...
1h ago from MotorsportWeek.c...
Marc Marquez: ‘I prefer to be pessimistic’ about...
Marc Marquez admits he prefers to be “pessimistic” over his chances...
1d ago from MotorsportWeek.c...
The winners and losers from MotoGP's German Grand Prix
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou opens ‘all the options’ in Ganassi’s...
Alex Palou won his seventh IndyCar race of the season on Sunday,...
17h ago from MotorsportWeek.c...
Juncos Racing truck catches fire on the way back from...
No description available...
18h ago from Motorsport.com
Linus Lundqvist on standby if Nolan Siegel cannot race...
Arrow McLaren announced on Monday that Linus Lundqvist will be with the...
18h ago from MotorsportWeek.c...
Mixed Iowa fortunes eliminates Team Penske from...
Team Penske showed flashes of domination in the two races from Iowa...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Did Silverstone F1 loss show the real Oscar Piastri?
No description available...
2h ago from Motorsport.com
The key factor in Lexus’ maiden WEC victory at Sao...
No description available...
4h ago from Motorsport.com
Ferrari to test rear suspension update at Mugello F1...
No description available...
41m ago from Motorsport.com
How Thierry Neuville's WRC co-driver prepared for...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal target spotted at airport ahead of rumored...
Valencia's Cristhian Mosquera is one of the players who has been linked...
1h ago from SportsKeeda.com
“Viktor Gyokeres is at a big club already” - Roy...
Former Crystal Palace manager Roy Hodgson has hailed Viktor Gyokeres ahead...
41m ago from SportsKeeda.com
Young, physical and composed - Mosquera has talent to...
One of the best indicators of Cristhian Mosquera's quality can be found in...
3h ago from SkySports.com
Arsenal 'keeping a close eye' on 24-year-old versatile...
Real Madrid attacker Rodrygo Goes has been linked with a move away from...
2h ago from CaughtOffside.com
Comments
Hottest News
Verstappen insider says Mercedes deal ‘just missing final...
The swirling speculation around Max... Read More »
2h ago from F1i.com
F1 News Today: Shock Aston Martin exit to open door for...
George Russell's long-term F1 future with... Read More »
7h ago from GPFans.com
F1 News Today: Shock Aston Martin exit to open door for...
George Russell's long-term F1 future with... Read More »
3h ago from GPFans.com
