News Details
Williams: Potential sale about securing future
Claire Williams Claire Williams says that a potential sale of Williams Grand Prix Holdings (WGPH) is motivated by a desire to secure its future and put its people first. WGPH, the company whose operations include the Williams Racing Formula 1 team, made the announcement of a formal sale process in conjunction with the release of its 2019 financial results. The company recorded a loss (EBITDA) of GBP 13.0 million (AUD 24.1 million) for the year ended December 31, 2019 compared to profit of GBP 12.9 million (AUD 23.9 million) in the corresponding prior period. The swing was largely due to the F1 team moving from profit to loss, with Williams Advanced Engineering’s profit rising (excluding...
Full Story »
Full Story »
4y ago from SpeedCafe.com
0
You May Also Be Interested In...
Claire Williams: Team sale 'to ensure its future...
Claire Williams says the sale of Williams' F1 team is being contemplated...
4y ago from F1i.com
Claire Williams: New investment will protect our...
The Williams family is prepared to give-up control of its eponymous team...
4y ago from GrandPrix247.com
Sale would be to secure team's future, says Williams
On a day F1 woke expecting to hear the very worst news in terms of...
4y ago from Pitpass.com
Williams for sale
Williams F1 announced an immediate departure with their title sponsor,...
4y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Bastianini defends controversial Misano winning move...
No description available...
19h ago from Motorsport.com
Martin: Bastianini’s Misano move “bit too much”,...
No description available...
20h ago from Motorsport.com
Enea Bastianini wins controversial Misano MotoGP race...
Enea Bastianini earned Ducati their 100th MotoGP win after a...
22h ago from MotorsportWeek.c...
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
“The two best teams in the country” - Gary Neville...
No description available...
5h ago from SportsKeeda.com
'Ridiculous' – Gary Neville makes Arsenal title...
Manchester United legend Gary Neville knows a thing or two about winning...
1h ago from CaughtOffside.com
Kai Havertz and Jurrien Timber set forgettable record...
No description available...
3h ago from SportsKeeda.com
Michael Oliver torn to shreds by Arsenal fans after...
Referee Michael Oliver has come under the spotlight after yesterday's...
1h ago from CaughtOffside.com
Comments
Hottest News
Horner reveals shock Red Bull driver TARGET amid poor Perez...
Christian Horner has admitted a ‘foolish’ Red... Read More »
2h ago from GPFans.com
Wolff gives his view on Red Bull's sister team pinching a...
Toto Wolff thinks there is nothing wrong with... Read More »
51m ago from GPBlog.com
FIA confirm Verstappen and Norris legal inspection after...
The two main championship protagonists have been... Read More »
3h ago from GPFans.com
