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 »
5y 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...
5y ago from F1i.com
Claire Williams: New investment will protect our...
The Williams family is prepared to give-up control of its eponymous team...
5y 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...
5y ago from Pitpass.com
Williams for sale
Williams F1 announced an immediate departure with their title sponsor,...
5y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Why Valentino Rossi is putting pressure on Ducati over...
No description available...
7h ago from Motorsport.com
Fermin Aldeguer to miss the Sepang test, but won't...
No description available...
11h ago from Motorsport.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
2d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
4h ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
3d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
3d ago from Motorsport.com
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
More than 10 tuners interested in joining WRC under...
No description available...
9h ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
1d ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
1d ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal vs Kairat Prediction and Betting Tips |...
Arsenal take on Kairat at home in their final UEFA Champions League league...
6h ago from SportsKeeda.com
“Put that on my name!” - Tottenham star insists...
Tottenham Hotspur midfielder Dejan Kulusevski has maintained that Arsenal...
8h ago from SportsKeeda.com
Player ratings: Arsenal 2-3 Manchester United
Arsenal crashed to a 3-2 defeat against Manchester United on Sunday...
10h ago from FreshArsenal.com
Arsenal latest: Odegaard calls for togetherness after...
No description available...
9h ago from SkySports.com
Comments
Hottest News
F1 News Today: Adrian Newey ‘furious’ as McLaren unveil...
Aston Martin team principal Adrian Newey is... Read More »
8h ago from GPFans.com
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 1
The first day of on-track action for F1 in 2026... Read More »
14h ago from RacingNews365.com
2026 F1 Barcelona Pre-Season Test - Day 1 unofficial...
See the unofficial afternoon results from the... Read More »
6h ago from RacingNews365.com
