News Details
Williams completes refinancing process with consortium of lenders
Williams has announced that it has completed a refinancing process of its F1 team with a consortium of lenders that includes Michael Latifi, the father of its driver Nicholas Latifi. Williams initiated its refinancing at the end of last year when it sold its technology subsidiary Williams Advanced Engineering. The Grove-based outfit has reportedly secured loans from its banking partner HSBC as well as from Latrus Racing, a financial company owned by Canadian billionaire Michael Latifi. Williams puts employees on temporary leave amid COVID-19 crisis Williams has also mortgaged its land and buildings, including its plant and machinery, with security also provided by its vast collection of...
Full Story »
Full Story »
You May Also Be Interested In...
Norris says 'closer' Williams now within midfield...
McLaren's Lando Norris believes his team will need to factor in Williams...
5y ago from F1i.com
Williams puts employees on temporary leave amid...
Williams is the second F1 team after McLaren to put part of its staff on...
5y ago from F1i.com
Mercedes: Production of COVID-19 breathing aid in full...
Mercedes has announced that the design of the breathing aid engineered in...
5y ago from F1i.com
A salute to Britain's first F1 world champion
Mike Hawthorn, Britain's first F1 world champion, was born on this day in...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
2h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
11h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
17h ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
14h ago from Motorsport.com
Complete IndyCar championship standings after Arlington
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
17h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
21h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
23h ago from Motorsport.com
Taka-San: King of Kenya
At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...
23h ago from MotorsportWeek.c...
Popular On GunnersToday.com
'We used to do that' – Wayne Rooney offers cheeky...
Manchester United great Wayne Rooney has told Arsenal wonderkid Max Dowman...
1h ago from SportsKeeda.com
Arsenal tracking 20 G/A forward but Barcelona and...
Arsenal are reportedly keeping a close watch on Club Brugge forward...
1h ago from CaughtOffside.com
Player ratings: Arsenal 2-0 Everton
Arsenal won it late against a resilient Everton, with two big goals from...
1h ago from FreshArsenal.com
Report: Arsenal join race for 70 million centre-back...
Arsenal have reportedly joined a growing list of clubs interested in RB...
4h ago from CaughtOffside.com
Comments
Hottest News
McLaren launch joint investigation with Mercedes after...
McLaren has launched an investigation with engine... Read More »
56m ago from GrandPrix247.com
Lewis Hamilton FINALLY broke F1 podium curse, and Ferrari...
It seems Ferrari had a sneaky suspicion that... Read More »
56m ago from GPFans.com
Lewis Hamilton podium isn't to be celebrated as Ferrari...
There were plenty of smiles on Lewis Hamilton's... Read More »
3h ago from GPFans.com
