News Details
Williams F1 team bolstered by £100 million capital raise
© XPB Phillip van Osten
23/10/2024 at 14:4823/10/2024 at 15:11 In a significant boost to its financial position, Williams Racing has reportedly secured a £100 million capital injection – approximately $129 million – through the sale of 100 million new shares. According to a report from Speedcafe, the Grove-based team completed the sale on October 11, during the break between the Singapore Grand Prix and last weekend’s United States Grand Prix. This substantial capital raise underscores the ongoing commitment of Williams’ owners, Dorilton Capital, to the team’s long-term success in Formula 1. A Williams spokesperson emphasized the strategic importance of this latest...
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