News Details

Williams sells hybrid power subdivision

Williams Grand Prix Holdings has announced the sale of Williams Hybrid Power Limited from Williams' subsidiary, Williams Grand Prix Engineering Limited, to GKN Land Systems Limited in a multi-million pound transaction. This will see Williams Hybrid Power rebranded as GKN Hybrid Power. GKN has agreed to purchase the whole of the issued share capital of Williams Hybrid Power Limited from Williams Grand Prix Engineering Limited. Under the terms of the transaction, Williams Grand Prix Engineering Limited will also receive additional consideration based on future sales and licences of the flywheel energy storage technology transferred with Williams Hybrid Power to GKN. Global financial advisory...
Full Story »
12y ago from F1Technical.net 0
Share

You May Also Be Interested In...

Williams sells hybrid element of the business

Williams sells hybrid element of the business 1 April, 2014 Press...
12y ago from GrandPrix247.com

Michael Schumacher's wife building a 10 million pound...

London:  Ailing seven-time Formula One champion Michael Schumacher's...
12y ago from NDTVSports.com

One Year Rewind – 'Multi-21 Seb, Multi-21″

Last year’s Malaysian Grand Prix was one of the most controversial...
12y ago from RichlandF1.com

Switch to Mercedes power was not a fluke decision for...

Claire Williams and Toto Wolff in Melbourne Deputy team principal Claire...
12y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Miguel Oliveira reveals what’s ‘more difficult’...

Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Dual-tone Chevy ZR1X pace car revealed for...

The NTT IndyCar Series has revealed the Chevrolet pace car for the...

Rookie Caio Collet fastest in two-day Indy 500 open...

The NTT IndyCar Series held its traditional two-day open test for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: Man United scouting 60m powerhouse repeatedly...

Sunderland midfielder Noah Sadiki is shaping up to be one of the headline...
1h ago from CaughtOffside.com

Slight rotation likely as Fulham visit

Morning all. We go again later this afternoon when we take on Fulham at...
23m ago from Arseblog.com

Arsenal battle Man United for 11-goal sensation who...

Arsenal are interested in signing the Bournemouth attacker Eli Junior...
23m ago from CaughtOffside.com

PSG and Bayern in ‘different world’ to tired...

t;li>Arteta: ‘The difference in the leagues is night and...
9h ago from TheGuardian.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.