News Details
Williams considering sale of Formula 1 team
Williams is considering the possibility of selling its once-dominant but now struggling Formula 1 team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday. The company published annual results showing F1 revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year. “The WGPH board is undertaking a review of all the various strategic options available to the company,” it said. “Options being considered include, but are not limited to, raising new capital for the business, a divestment of a minority stake in WGPH or a divestment of a majority stake in WGPH including a potential sale of the whole...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
Williams considering F1 team sale after £13 million...
Williams Racing is considering a partial or full sale of its Formula 1...
4y ago from TheCheckeredFlag....
Williams considers sale - terminates ROKiT sponsorship!
Williams Grand Prix Holdings is considering a partial or full sale of its...
4y ago from F1i.com
Williams considers sale of struggling F1 team
Williams is considering a sale of its once-dominant but now struggling...
4y ago from espnF1.com
Stark figures for McLaren are a sign of the times
Formula 1 team owners McLaren saw group revenues reverse from 284 million...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Monster gains presence on Ducati's bike, but fails to...
No description available...
5h ago from Motorsport.com
Morbidelli thinks riding old Ducati will actually help...
No description available...
9h ago from Motorsport.com
Alpine becomes Pramac's main partner in MotoGP
No description available...
1d ago from Motorsport.com
Marquez: It's “dangerous” to think Ducati will...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
6d ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
5d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
5d ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
23h ago from Motorsport.com
Rovanpera: Difficult WRC Monte Carlo opener “not a...
No description available...
1d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1d ago from Motorsport.com
WRC Monte Carlo: Ogier claims record-extending 10th...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Jamie Carragher turns 48: Who are the greatest...
To celebrate Jamie Carragher's 47th birthday, Sports Mole picks out some...
2h ago from SportsMole.co.uk
FA make decision regarding Myles Lewis-Skelly...
No description available...
43m ago from SportsKeeda.com
Liverpool plotting move for 23-year-old Premier League...
No description available...
2h ago from SportsKeeda.com
Myles Lewis-Skelly red card overturned: Can Michael...
Arsenal expert Charles Watts believes that Michael Oliver should not...
23m ago from SportsMole.co.uk
Comments
Hottest News
'Hamilton's old braking woes at Mercedes, a thing of the...
Ferrari's Lewis Hamilton and Charles Leclerc are... Read More »
43m ago from GPBlog.com
How Angela Cullen can aid Lewis Hamilton ‘reset' at...
Lewis Hamilton reuniting with former trainer... Read More »
2h ago from MotorsportWeek.com
Ferrari confirm OFFICIAL Leclerc change after Hamilton...
Ferrari have revealed a change for Charles... Read More »
10h ago from GPFans.com
