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 »
5y 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...
5y ago from TheCheckeredFlag....
Williams considers sale - terminates ROKiT sponsorship!
Williams Grand Prix Holdings is considering a partial or full sale of its...
5y ago from F1i.com
Williams considers sale of struggling F1 team
Williams is considering a sale of its once-dominant but now struggling...
5y 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...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez opens up on Austin MotoGP injury struggles
No description available...
1h ago from Motorsport.com
Alex Rins bemused by early Yamaha axe amid V4 engine...
No description available...
2h ago from Motorsport.com
Enea Bastianini frustrated by MotoGP safety inaction;...
No description available...
12m ago from Motorsport.com
Ducati’s first run with 850cc MotoGP bike was...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
1d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
1d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Rally Islas Canarias could crown another new WRC...
No description available...
1d ago from Motorsport.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
2d ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
5d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Episode 873 – It's still good
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com
Paul Merson predicts Arsenal vs Newcastle United and...
What an incredible turnaround we've witnessed in the Premier League title...
32m ago from SportsKeeda.com
After bonfires, bulbs and a dog called Win, will...
stone has been left unturned in Arsenal’s search for success but the...
1h ago from TheGuardian.com
'You should be screaming' – Gary Neville says Martin...
Manchester United icon Gary Neville has stated that Arsenal duo Martin...
1h ago from SportsKeeda.com
Comments
Hottest News
F1: FP1 in Miami extended to 90 minutes
The FIA has announced that the sole practice... Read More »
42m ago from Pitpass.com
F1: McLaren drivers hope Verstappen remains in F1
Lando Norris and Oscar Piastri both believe that... Read More »
42m ago from Pitpass.com
Vettel’s stark warning to Formula 1: ‘Don’t lose the...
As Formula 1 painstakingly deals with its... Read More »
43m ago from F1i.com
