News Details
Williams braced for slight financial dip
– Williams Group Chief Executive Officer Mike O'Driscoll says the operation is braced for its finances to take a hit during the next fiscal period, despite posting encouraging results for the first six months of 2016.Williams Grand Prix Holdings posted revenue of £80.0m in the opening six months of the year, compared to £63.1m for the same period 12 months ago.The Group's EBITDA (pre-tax profit) improved from a loss of £1.4m in 2015 to a profit of £7.8m in 2016, while the Formula 1 arm posted an EBITDA of £4.1m, compared to £1.6m for the same period in 2015.O'Driscoll commented that this increase was down to a "non-recurring sponsorship payment", with revenues for the...
Full Story »
Full Story »
9y ago from GPUpdate.net
0
You May Also Be Interested In...
Williams posts increased half year profits
Williams Grand Prix Holdings PLC posted a half year profit of...
9y ago from GrandPrixTimes.com
Liberty Media: We are excited to become part of...
The acquisition of Formula 1 by Liberty Media Corporation from CVC is...
9y ago from GrandPrix247.com
Williams confirms appointment of former Ferrari...
Williams has confirmed the signing of former Ferrari engineer Antonio...
9y ago from GrandPrixTimes.com
Williams signs Spagnolo from Ferrari
Williams have announced a new addition to its engineering department in...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP eliminates wildcard riders from 2027 season
No description available...
7h ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
12h ago from Motorsport.com
CFMoto ‘fully committed’ to supporting potential...
CFMoto Aspar team boss Jorge Martinez says the Chinese manufacturer is...
10h ago from MotorsportWeek.c...
Keeping Fabio di Giannantonio at VR46 'Plan A', admits...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher shares injury update after breaking...
No description available...
9h ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
8h ago from MotorsportWeek.c...
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
1d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
1d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Arsenal have got a fantastic player, really...
Liverpool legend Steven Gerrard has claimed he's upset about his former...
4h ago from SportsKeeda.com
Arsenal target two game-changers in huge 250 million...
Arsenal are preparing for a busy transfer window, and they have identified...
6h ago from CaughtOffside.com
Atleti boss Diego Simeone provides Julian Alvarez...
Atletico Madrid will face Arsenal in the UEFA Champions League semi-finals...
8h ago from SportsKeeda.com
Arsenal target 35m-rated UCL semi-finalist with 21 G/A...
Serge Gnabry has been an outstanding performer for Bayern Munich since...
8h ago from CaughtOffside.com
Comments
Hottest News
F1 fans stunned by $150 hot dog at Miami Grand Prix
F1 fans heading to the Miami Grand Prix this... Read More »
3h ago from GPFans.com
F1 legend Lewis Hamilton reveals dating nightmare: 'Should...
Lewis Hamilton has revealed his ultimate... Read More »
2h ago from GPFans.com
Drivers wary ahead of Miami Grand Prix for make or break...
Formula 1 drivers said the Miami Grand Prix will... Read More »
1h ago from GrandPrix247.com
