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 working on rescheduling Qatar GP amid Iran war
No description available...
20h ago from Motorsport.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
2d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin faces tough drive from last after...
No description available...
9h ago from Motorsport.com
IndyCar Arlington – Qualifying Results
25 IndyCar drivers took to the track Saturday afternoon to decide the...
10h ago from MotorsportWeek.c...
Threat of high winds forces IndyCar to move up...
No description available...
10h ago from Motorsport.com
"Mental error" costs Kyle Kirkwood shot at...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
22h ago from Motorsport.com
“Probably the toughest rally ever”: Thierry...
No description available...
12h ago from Motorsport.com
Carnage in Kenya
Saturday in Kenya saw one of the most dramatic days in recent Safari...
16h ago from MotorsportWeek.c...
Why Evans suffered his first WRC retirement since 2024
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
David Beckham's message to personal trainer after...
Arsenal legend Thierry Henry was left amused after Manchester United icon...
29m ago from SportsKeeda.com
Sources: Arsenal and Liverpool 'closely monitoring'...
Lewis Hall is regarded as one of Newcastle United’s most important...
1h ago from CaughtOffside.com
Arsenal 2-0 Everton: Premier League – as it happened
Dowman came on to rescue the Gunners and become the youngest scorer in...
10h ago from TheGuardian.com
Premier League news: Arteta denies his team...
No description available...
10h ago from TheGuardian.com
Comments
Hottest News
Stroll's one-word verdict on Aston misery
Mar.15 Lance Stroll delivered a brutally concise... Read More »
59m ago from OneStopStrategy.com
Wolff slams Hadjar for brushing off Antonelli apology
Mar.15 Toto Wolff has sharply criticised Isack... Read More »
59m ago from OneStopStrategy.com
Antonelli could win title – Fisichella
Mar.15 Giancarlo Fisichella believes Kimi... Read More »
59m ago from OneStopStrategy.com
