News Details
Williams reveals more than $50m loss
April 27, 2015 .- Williams has revealed it recorded a more than $50 million loss in 2014. The Grove team, 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...
Full Story »
Full Story »
10y ago from GPRacingPlus.com
0
You May Also Be Interested In...
Williams reveals more than $50 million loss
The Grove based F1 squad Williams has revealed it recorded a more than...
10y ago from ThisIsF1.com
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 £34m loss for 2014
Despite Williams Grand Prix Holdings PLC reporting a loss of £34million...
10y ago from RichlandF1.com
Williams reports substantial loss for 2014
– Williams Grand Prix Holdings has reported a sizeable loss of...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to return to Buenos Aires from 2027 season
MotoGP has officially announced that the Grand Prix of Argentina will...
55m ago from MotorsportWeek.c...
Winners and losers from MotoGP's Czech Grand Prix
No description available...
6h ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
8h ago from Motorsport.com
Marc Marquez likens his 2025 MotoGP form to 2019 and...
Marc Marquez has likened his 2025 MotoGP form to the peak performances...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyffin Simpson’s confidence ‘very high right...
When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
3h ago from MotorsportWeek.c...
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
9h ago from Motorsport.com
Pato O’Ward, Arrow McLaren score strategic win in...
No description available...
22h ago from Motorsport.com
IndyCar Toronto – Race Results
IndyCar completed its sole visit across the border this weekend, with a...
23h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
12h ago from Motorsport.com
How the WRC service park reacted to Oliver Solberg's...
No description available...
1d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
1d ago from MotorsportWeek.c...
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“I’m bored, give me a f**king ball man” -...
Pierre-Emerick Aubameyang has taken to Instagram as he gears up for a...
5h ago from SportsKeeda.com
Mosquera deal edges near as Arsenal still chase striker
The summer transfer window is in full flow and we are now nigh on a full...
6h ago from FreshArsenal.com
Arsenal forced to reschedule first pre-season training...
Premier League giants Arsenal have been forced to reschedule their first...
7h ago from SportsKeeda.com
Mikel Arteta responds after reporters ask him why...
Mikel Arteta has claimed that Chelsea have great players, and that is the...
8h ago from SportsKeeda.com
Comments
Hottest News
From Red Bull to Audi: Wheatley says Miami moment triggered...
Jonathan Wheatley, the former long-serving... Read More »
3h ago from F1i.com
F1: Belgian Grand Prix: Preview - McLaren
After the incredible 1-2 finish at our home race... Read More »
55m ago from Pitpass.com
Oscar Piastri addresses F1 title pressure: 'It’s familiar...
Oscar Piastri is currently leading the drivers'... Read More »
55m ago from RacingNews365.com
