News Details
Williams commence formal sale process, split from sponsor
Williams Grand Prix Holdings Ltd has announced the commencement of a formal sale process which could include the sale of the whole company. The lack of racing has hit all teams hard over the last few months and the scale of the damage is escalating with McLaren Group recently announcing they will be making around 1,200 staff redundant, approximately 70 of which will be coming from the Formula 1 team. Williams have been particular vocal in their concerns over their finances and those concerns have come to full fruition following the announcement that a formal sales process has started. A statement read: ‘The WGPH is undertaking a review of all the various strategic options available...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Williams loses ROKiT immediately as title sponsor;...
Things at Williams aren't going well at the moment. On Friday morning it...
4y ago from GPBlog.com
Williams considers Formula 1 team sale as company...
The Williams Grand Prix Holdings (WGPH) company has announced it is...
4y ago from MotorsportWeek.com
Williams for sale as the team part ways with title...
Williams have announced plans to seek a "new strategic...
4y ago from GPFans.com
Williams serves notice to split from title partner...
Williams has announced that it has served notice to
terminate...
4y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Bastianini defends controversial Misano winning move...
No description available...
8h ago from Motorsport.com
Martin: Bastianini’s Misano move “bit too much”,...
No description available...
9h ago from Motorsport.com
Enea Bastianini wins controversial Misano MotoGP race...
Enea Bastianini earned Ducati their 100th MotoGP win after a...
11h ago from MotorsportWeek.c...
Marquez: Double Misano win will be a long shot despite...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
FBI descend on Rahal Letterman Lanigan Racing base
According to multiple reports, the Federal Bureau of Investigation (FBI)...
2d ago from MotorsportWeek.c...
Rahal Letterman Lanigan investigated by the FBI: What...
No description available...
3d ago from Motorsport.com
Felipe Drugovich granted IndyCar test with Chip...
2022 FIA Formula 2 World Champion Felipe Drugovich has landed an NTT...
1d ago from MotorsportWeek.c...
2022 F2 champ Drugovich testing with Ganassi later...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Inside the WRC’s search for its next Michele Mouton
No description available...
2d ago from Motorsport.com
WRC selects women’s driver development programme...
No description available...
4d ago from Motorsport.com
No pressure on Pajari after surprise Toyota Rally1...
No description available...
6d ago from Motorsport.com
Latvala: Toyota needs three full-time WRC drivers in...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Pep Guardiola issues Rodri injury update after Man...
Pep Guardiola is unsure of the severity of the injury that Rodri suffered...
49m ago from SportsMole.co.uk
“Who the f*ck are you?” - Erling Haaland aims...
No description available...
29m ago from SportsKeeda.com
5 times Arsenal players were harshly treated by...
Instances of Arsenal and its players being harshly treated by English...
29m ago from SoccerSouls.com
Referee questioned after Manchester City player avoids...
Paul Merson questioned why Manchester City player Jeremy Doku did not...
5h ago from CaughtOffside.com
Comments
Hottest News
Brown questioning RB's fastest lap move with Ricciardo at...
McLaren Racing CEO Zak Brown says he will ask... Read More »
5h ago from Racer.com
Red Bull: McLaren pace in F1 Singapore GP was ‘taking...
Red Bull boss Christian Horner has expressed... Read More »
6h ago from MotorsportWeek.com
RB indicates that Ricciardo will not return past F1...
RB has indicated that Daniel Ricciardo will not... Read More »
4h ago from MotorsportWeek.com