News Details
Williams announces healthy 2018 financials despite season in hell
Williams Grand Prix Holdings has disclosed its financial results for 2018, revealing a steady performance that contrasted with its results on the track. Williams GPH includes Williams Grand Prix Engineering, the entity that includes the F1 team, and Williams Advanced Engineering, which provides cutting edge technology and engineering services to various industries. The group's revenue increased in 2018 to £176.5m, from £166.2m in 2017. Earnings before interest, taxes, depreciation, and amortization (EBITDA) for 2018 was £12.9m, compared to £10.8m in 2017, an increase owed to the solid (financial) results of Williams' F1 operation and continued progress at Williams Advanced Engineering....
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