News Details
Williams confirms income up by 25 per cent
– Williams increased its come by 25 per cent to over £130 million in 2013, it has been announced. Williams Grand Prix Holdings PLC, which includes Williams Grand Prix Engineering Limited – the Formula 1 team, said the increase in income and earnings was due primarily to 'a special non-recurring sponsorship payment', which drove an increase in Formula 1 income to £108.5m, and a corresponding improvement in Earnings Before Income and Tax (EBIT). The team did not elaborate on where the 'special' payment came from, but it is no doubt linked to PDVSA's decision to terminate its sponsorship deal with the team early and place Pastor Maldonado at Lotus. The Venezuelan oil company had...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Williams increases income by 25%
Williams Grand Prix Holdings PLC (WGPH) has announced its financial...
11y ago from Crash.net
Williams issues 2013 financial results
Income increased by 25% to £132.4m (2012: £105.8m)Overall EBIT...
11y ago from Pitpass.com
Williams announces 25% income boost
Sir Frank Williams believes the results show "good progress"...
11y ago from espnF1.com
Renault to be close to 100 per cent in Canada
– Renault should be very close to 100 per cent by the time the...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia admits it is impossible to think...
No description available...
5h ago from Motorsport.com
Marc Marquez and Francesco Bagnaia called to MotoGP...
No description available...
5h ago from Motorsport.com
Why late podium charge against Francesco Bagnaia gave...
No description available...
6h ago from Motorsport.com
Fabio Quartararo explains "a real disaster"...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Santino Ferrucci hangs on for Road America podium,...
No description available...
1h ago from Motorsport.com
Ferrucci survives early race ‘mayhem’ to earn...
Santino Ferrucci finished third in Sunday’s race from Road America,...
40m ago from MotorsportWeek.c...
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
1h ago from MotorsportWeek.c...
Alex Palou wins frantic, fuel-saving IndyCar battle at...
No description available...
1h ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
4d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal receive boost in Rodrygo chase as sources...
Arsenal remain firmly interested in signing Real Madrid forward Rodrygo...
1h ago from FreshArsenal.com
Arsenal end talks to sign £70 million-rated star...
Arsenal have reportedly decided to end talks with Benjamin Sesko. The...
1h ago from SportsKeeda.com
Bayern Munich set sights on ‘incredible' Arsenal...
Bayern Munich have reportedly set their sights on Arsenal’s Gabriel...
5h ago from CaughtOffside.com
Surprise Premier League club eyeing up move for...
Brighton & Hove Albion have set their sights on Liverpool's Harvey Elliot...
5h ago from SportsKeeda.com
Comments
Hottest News
Car FLIPS in controversial crash as Nurburgring 24 hour...
A crash at the 2025 Nurburgring 24 Hours has... Read More »
2h ago from GPFans.com
I’m an F1 superstar and I own a Ferrari, but I’d rather...
The surprising confession of one F1 star has... Read More »
1h ago from GPFans.com
Legendary F1 TV presenter RETIREMENT confirmed
A former F1 presenter and sports broadcasting... Read More »
11h ago from GPFans.com
