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
MotoGP Brazilian GP: Marco Bezzecchi leads Jorge...
No description available...
1h ago from Motorsport.com
Marco Bezzecchi and Jorge Martin dominate as Aprilia...
Marco Bezzecchi dominated the Brazilian MotoGP Grand Prix to secure...
1h ago from MotorsportWeek.c...
Jorge Martin on Aprilia's Brazil GP chances: 'We are a...
No description available...
6h ago from Motorsport.com
Why Marc Marquez is still not at 2025 MotoGP level...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
20h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal player ratings: Kepa error & invisible...
Arsenal have suffered a major setback with defeat in today's Carabao Cup...
41m ago from CaughtOffside.com
“You have finished me”, “Are you stupid?” -...
Arsenal fans have piled on goalkeeper Kepa Arrizabalaga after his mistake...
41m ago from SportsKeeda.com
How to watch Arsenal vs Man City Carabao Cup Final
Arsenal face Manchester City in the Carabao Cup final on March 22 live on...
51m ago from SkySports.com
O'Reilly buzzing after Cup final brace
Nico O'Reilly said he was 'absolutely buzzing' after scoring twice in...
1h ago from SkySports.com
Comments
Hottest News
Fernando Alonso reveals when Aston Martin will have...
Fernando Alonso has revealed when Aston Martin... Read More »
2h ago from MotorsportWeek.com
Mercedes release official statement after disqualification...
Mercedes have released a statement after being... Read More »
9h ago from GPFans.com
Max Verstappen sent Nurburgring 24 Hours warning as F1...
Max Verstappen may have four F1 drivers'... Read More »
2h ago from GPFans.com
