News Details
Williams reveals more than $50 million loss
The Grove based F1 squad Williams has revealed it recorded a more than $50 million loss in 2014. Williams, listed on the Frankfurt stock exchange, enjoyed a surge in performance last year following a long slump, but took a financial hit due to 'lower revenue and higher costs'. In a statement, Williams explained that it had embarked on a 'turnaround strategy' in 2013 'following a number of years of deteriorating performance'. 'Consequently, and as anticipated, 2014 was a year of transition,' the team admitted, due in part to lower income and sponsorship as a result of finishing a woeful ninth in the 2013 world championship. Higher costs, Williams added, were due to 'the introduction of the...
Full Story »
Full Story »
10y ago from ThisIsF1.com
0
You May Also Be Interested In...
Williams reveals over than $50 million loss
Williams has revealed it recorded a more than $50 million loss in 2014....
10y ago from GrandPrix247.com
Williams reports substantial loss for 2014
– Williams Grand Prix Holdings has reported a sizeable loss of...
10y ago from GPUpdate.net
Williams group posts £34.3m loss for 2014
Williams Grand Prix Holdings has announced a substantial £34.3m loss for...
10y ago from Crash.net
Williams reports £34.3m loss in 'year of transition'
Williams Grand Prix Holdings PLC today announced the Group's financial...
10y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
How three different problems plagued Ducati's Czech GP...
No description available...
6h ago from Motorsport.com
Marc Marquez wins Brno MotoGP Sprint race
Marc Marquez continued his Saturday afternoon dominance with another...
11h ago from MotorsportWeek.c...
MotoGP: Takaaki Nakagami injured, out of Czech GP...
No description available...
7h ago from Motorsport.com
Pedro Acosta turns around ‘dark’ MotoGP season...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Toronto – Qualifying Results
A knockout qualifying session for the NTT IndyCar Series took place on...
4h ago from MotorsportWeek.c...
Colton Herta takes pole as he aims for IndyCar Toronto...
No description available...
1h ago from Motorsport.com
Colton Herta hauls in IndyCar pole in Toronto
IndyCar completed a busy qualifying session on the streets of Toronto...
4h ago from MotorsportWeek.c...
Andretti tops Team Penske in IndyCar’s second...
IndyCar took to the streets of Toronto on Saturday morning, turning...
9h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC: Oliver Solberg still leading after Saturday Rally...
No description available...
5h ago from Motorsport.com
SuperSwede Solberg in command on Rally Estonia
Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...
5h ago from MotorsportWeek.c...
Oliver Solberg almost doubles Rally Estonia lead as...
No description available...
13h ago from Motorsport.com
Rally Estonia leader Oliver Solberg hit with suspended...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
“It’s been good. It’s got to be better!” -...
Arsenal legend Thierry Henry has delivered his verdict on the performance...
8h ago from SportsKeeda.com
'Protect your ankles, we are enemies now' - Chelsea...
Chelsea defender Wesley Fofana has sent a message to former teammate Noni...
7h ago from SportsKeeda.com
£20m asking price set: Chelsea star put up for sale...
Chelsea winger Raheem Sterling is reportedly up for sale for just £20m...
11h ago from CaughtOffside.com
Report: Five players Chelsea could use in a deal to...
Chelsea remain interested in signing Morgan Rogers from Aston Villa, and...
12h ago from CaughtOffside.com
Comments
Hottest News
Fans call for driver to be arrested after FLIPPING rival in...
You thought Max Verstappen completely lost his... Read More »
3h ago from GPFans.com
'Angry' Christian Horner phone call revealed as Red Bull F1...
Christian Horner’s priorities have been... Read More »
6h ago from GPFans.com
MotoGP: Martin happy that he will 'continue with Aprilia'...
Having confirmed in a press conference in Brno... Read More »
2h ago from F1Technical.net
