News Details
Williams announce refinancing measures
Williams has announced refinancing measures that include loans from HSBC and Michael Latifi and their lands and properties being mortgaged. HSBC has long been a partner of the team, while Michael Latifi's contribution comes via Latrus Racing, a company he owns. It is the latest in a long line of financial investments made by the Canadian, with Sofina, another of his companies, being the team's sponsor for 2020. 'Following the sale of WAE at the end of 2019 we began a refinancing process,' deputy team principal Claire Williams told Autosport. 'After considering a number of options, we have now concluded our refinancing with a consortium of lenders, all of which was negotiated on an...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Williams completes refinancing process with consortium...
Williams has announced that it has completed a refinancing process of its...
5y ago from F1i.com
Williams comes up with substantial refinancing after...
Last year, Williams sold a majority stake in Advanced Engineering to EMK...
5y ago from GPBlog.com
Sad Latifi says Canadian GP call-off 'inevitable'
Williams rookie Nicholas Latifi won't be making his F1 race debut on home...
5y ago from F1i.com
Russell and Latifi take pay cuts, Williams furlough...
Williams drivers George Russell and Nicolas Latifi have taken 20% pay...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Move aside Pedro Acosta: Could Maverick Vinales be...
No description available...
19m ago from Motorsport.com
Marc Marquez cruises to record-equalling MotoGP Jerez...
Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...
3h ago from MotorsportWeek.c...
MotoGP Spanish GP: Marc Marquez wins sprint as Fabio...
No description available...
3h ago from Motorsport.com
Fabio Quartararo claims shock MotoGP pole at Jerez
Yamaha rider Fabio Quartararo stunned the paddock by claiming a...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
1d ago from Motorsport.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
1d ago from MotorsportWeek.c...
Scott McLaughlin fastest as speeds top 232mph in Day 2...
No description available...
1d ago from Motorsport.com
Larson, Sato crash in high-boost Indy 500 test session
The second day of IndyCar’s Indy 500 open test opened with qualifying...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai is in damage limitation mode already in the...
No description available...
3h ago from Motorsport.com
A 2026 American WRC race is just an FIA approval away
No description available...
21h ago from Motorsport.com
Kalle in command of Rally Islas Canarias
Kalle Rovanperä and Jonne Halttunen dominated the opening day of Rally...
22h ago from MotorsportWeek.c...
Kalle Rovanpera found answers to unlock speed on new...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Man United-linked Matheus Cunha addresses future after...
Wolverhampton Wanderers attacker Matheus Cunha expresses his happiness at...
39m ago from SportsMole.co.uk
Report: Arsenal consider surprise swoop for Chelsea...
Arsenal are reportedly preparing a surprise move for Chelsea forward...
3h ago from CaughtOffside.com
Lyon Women vs Arsenal Women Prediction and Betting...
Lyon and Arsenal square off in the second leg of the UEFA Women's...
3h ago from SportsKeeda.com
Report: Arsenal plot move for 'special' French star...
Arsenal have been linked with a move for the Real Madrid midfielder...
6h ago from CaughtOffside.com
Comments
Hottest News
Alonso on rival team chief’s radar for stunning F1 switch
Two-time Formula 1 champion Fernando Alonso has... Read More »
5h ago from GPFans.com
Ex-Ferrari chairman tells Lewis Hamilton F1 title with the...
Luca di Montezemolo has brutally criticised... Read More »
1h ago from MotorsportWeek.com
Geri Halliwell's fashion secrets: Why Christian Horner’s...
Red Bull Formula 1 boss Christian Horner is often... Read More »
1h ago from GPFans.com
