News Details
Williams completes refinancing process with consortium of lenders
Williams has announced that it has completed a refinancing process of its F1 team with a consortium of lenders that includes Michael Latifi, the father of its driver Nicholas Latifi. Williams initiated its refinancing at the end of last year when it sold its technology subsidiary Williams Advanced Engineering. The Grove-based outfit has reportedly secured loans from its banking partner HSBC as well as from Latrus Racing, a financial company owned by Canadian billionaire Michael Latifi. Williams puts employees on temporary leave amid COVID-19 crisis Williams has also mortgaged its land and buildings, including its plant and machinery, with security also provided by its vast collection of...
Full Story »
Full Story »
You May Also Be Interested In...
Norris says 'closer' Williams now within midfield...
McLaren's Lando Norris believes his team will need to factor in Williams...
5y ago from F1i.com
Williams puts employees on temporary leave amid...
Williams is the second F1 team after McLaren to put part of its staff on...
5y ago from F1i.com
Mercedes: Production of COVID-19 breathing aid in full...
Mercedes has announced that the design of the breathing aid engineered in...
5y ago from F1i.com
A salute to Britain's first F1 world champion
Mike Hawthorn, Britain's first F1 world champion, was born on this day in...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi leads the way after Thailand MotoGP...
Aprilia rider Marco Bezzecchi topped the timesheets in the first official...
52m ago from MotorsportWeek.c...
2025 MotoGP Thailand Grand Prix – How to watch,...
No description available...
11h ago from Motorsport.com
The big 2025 lesson Alex Marquez will apply in 2026
No description available...
14h ago from Motorsport.com
Why KTM's MotoGP challenge may no longer be a one-man...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
How to watch 2026 IndyCar and NASCAR at St. Pete:...
No description available...
8h ago from Motorsport.com
PREMA confirmed to miss opening IndyCar round
PREMA will not be present for this weekend’s season-opening round of...
1d ago from MotorsportWeek.c...
Marcus Ericsson going into 2026 season with “chip on...
No description available...
1d ago from Motorsport.com
Ed Carpenter Racing enter technical partnership with...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
18h ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
1d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I would like to see a change' - Former Manchester...
Former Manchester City and Arsenal star Bacary Sagna has claimed that he...
16h ago from SportsKeeda.com
Paul Merson predicts Arsenal vs Chelsea and other...
Another week rolls on in the Premier League and we've also got Friday...
15h ago from SportsKeeda.com
Will the visit to Dr. Tottenham be a title race...
League titles and big trophies are largely won by tangible elements....
16h ago from Arseblog.com
“I fancy Chelsea”, “ They will do something daft...
Manchester United legend Paul Scholes and Roy Keane have made interesting...
18h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin address Lawrence Stroll sale rumours after...
Aston Martin's CEO has spoken out after the... Read More »
7h ago from GPFans.com
F1 2026 power unit saga takes fresh twist - report
After a compromise was struck during the F1... Read More »
19h ago from RacingNews365.com
Fresh details on F1 power unit drama as 'big' Aston Martin...
Catch up on the biggest news stories of the day... Read More »
8h ago from RacingNews365.com
