News Details
Williams clarifies reports of financial loss
Williams has played down reports it suffered a financial loss last year, insisting instead that it is gearing up to expand.
Listed on the Frankfurt stock exchange, the British team this week revealed a pre-tax loss of almost $8 million last year, having turned a profit in 2011.
But spokesman James Francis said the financial report could not include almost $15 million in formula one income.
"If that figure had been included we would have turned a loss into a profit," he told the Oxford Mail.
"It would have been a smaller profit (than 2011), but a lot of investment has happened."
The Williams spokesman said building work on a new research and development department is...
Full Story »
Full Story »
12y ago from GrandPrix.com
0
You May Also Be Interested In...
Williams clarifies reports of financial loss
By Editor on Friday, May 3, 2013 Williams has played down reports it...
12y ago from F1Zone.net
Williams records £5 million loss in 2012
The Williams Group recorded a £5 million loss in 2012, its latest...
12y ago from TheF1Times.com
Williams takes a loss in 2012
Formula 1 team Williams made a pre-tax loss of £5 million ($7.76...
12y ago from F1Pulse.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia top brass suggests Jorge Martin may be happy...
No description available...
1h ago from Motorsport.com
MotoGP German GP: Alex Marquez clears medical checks...
No description available...
4h ago from Motorsport.com
Marc Marquez tops opening MotoGP practice at the...
Marc Marquez opened his quest for a tenth MotoGP victory at the...
4h ago from MotorsportWeek.c...
Yamaha’s V4 is two seconds a lap slower than current...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas braces for the “toughest weekend” of...
No description available...
4h ago from Motorsport.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
2d ago from Motorsport.com
How Scott Dixon pulled off another fuel-saving...
No description available...
2d ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Has there been a hidden power shift at Red Bull?
No description available...
50m ago from Motorsport.com
Test your knowledge of Spa and plan your trip to the...
No description available...
2h ago from Motorsport.com
Emil Frey boss suspicious DTM rivals are illegally...
No description available...
4h ago from Motorsport.com
MotoGP German GP: Alex Marquez clears medical checks...
No description available...
4h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal target refuses to show up to training at...
Arsenal target Viktor Gyokeres is reportedly set to refuse to show up in...
50m ago from SportsKeeda.com
David Ornstein claims Arsenal have already made key...
Arsenal have reportedly already met Sporting Lisbon's initial demands for...
1h ago from CaughtOffside.com
Arsenal target misses training session with current...
Swedish striker Viktor Gyokeres has not turned up for pre-season training...
2h ago from CaughtOffside.com
Arsenal line up £52m transfer of 23-year-old Chelsea...
t;li>England international has already agreed five-year dealChelsea...
3h ago from TheGuardian.com
Comments
Hottest News
Ecclestone: Horner was just an idiot
Former Formula 1 supremo Bernie Ecclestone... Read More »
4h ago from GrandPrix247.com
Why Christian Horner will 'remain employed' at Red Bull
Red Bull made a shock announcement earlier this... Read More »
2h ago from RacingNews365.com
Leclerc: Ferrari doesn’t need to fit 2026 car around...
Charles Leclerc believes there is no need for... Read More »
2h ago from F1i.com