News Details
Williams takes a loss in 2012
Formula 1 team Williams made a pre-tax loss of £5 million ($7.76 million) last year due to several long-term investments, including one that makes hybrid systems for public transport. The British-based team announced Monday its revenue increased 22 percent to £127 million ($197 million) compared to £104.5 million ($162.2) in 2011. But it still swung to a loss, compared to profits of £7.4 million the previous year. It lost £2.6 million ($4 million) in Williams Hybrid Power, which produces hybrid systems and other motor sport applications based on the KERS system used in F1. Williams has struggled in the early part of the F1 season and has yet to score a point...
Full Story »
Full Story »
12y ago from F1Pulse.com
0
You May Also Be Interested In...
Williams posts £5 million loss for 2012
Williams Grand Prix Holdings has posted a pre-tax loss of £5 million for...
12y ago from GPUpdate.net
Williams records £5 million loss in 2012
The Williams Group recorded a £5 million loss in 2012, its latest...
12y ago from TheF1Times.com
Williams records UKP5 million loss
The Williams group recorded a loss of £5.0 million in 2012 as a result...
12y ago from AutoSport.com
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
4d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Santino Ferrucci: Alternate aero package needed for...
For this weekend’s IndyCar finale at Nashville Superspeedway, the...
3h ago from MotorsportWeek.c...
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
1d ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
3d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Paraguay leaderboard in disarray after...
No description available...
2h ago from Motorsport.com
Rovanperä leads, Fourmaux stars in Paraguay
Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...
3h ago from MotorsportWeek.c...
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
8h ago from Motorsport.com
FIA promises WRC investment following commercial...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Medical this weekend: Ornstein shares latest on...
Arsenal have now agreed on a deal to sign Piero Hincapie from German club...
3h ago from CaughtOffside.com
Arsenal agree Hincapie deal
Arsenal have agreed a deal with Bayer Leverkusen to sign Piero Hincapie on...
2h ago from SkySports.com
Mikel Arteta backs Eberechi Eze to make impact on...
t;li>‘He’s a player that loves those scenarios and moments’Saka...
2h ago from TheGuardian.com
No excuses for Arteta and Arsenal with new signings...
ee seasons of work from the head coach on the same host body have led in a...
5h ago from TheGuardian.com
Comments
Hottest News
F1 2025 Dutch Grand Prix – FP2 Results
Lando Norris set the pace in FP2 for the 2025 F1... Read More »
8h ago from MotorsportWeek.com
FIA issue McLaren punishment verdict after Piastri incident...
McLaren have been hit with a punishment at the... Read More »
7h ago from GPFans.com
F1 2025 Dutch Grand Prix – FP1 Results
Lando Norris went fastest in the opening... Read More »
12h ago from MotorsportWeek.com
