News Details
Williams records £5 million loss in 2012
The Williams Group recorded a £5 million loss in 2012, its latest financial report shows, though it blamed an accounting technicality meant some of its Formula One revenues weren't included. Ths loss follows a £7.4 million profit the previous year. However turnover increased by 22 per cent from £104.5 million to £127 million, whilst an additional £9.4 million hadn't been included "because of the technical interpretation of today's accounting standards," read a statement. The team are yet to score a point in 2013 following a successful season in 2012 which saw them take a victory - their first since 1996. Team co-owner and principal Sir Frank Williams...
Full Story »
Full Story »
12y ago from TheF1Times.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 UKP5 million loss
The Williams group recorded a loss of £5.0 million in 2012 as a result...
12y ago from AutoSport.com
Williams financial results mirror on-track...
Williams Grand Prix Holdings has reported positive financial results for...
12y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi silences critics to win dramatic...
No description available...
9h ago from Motorsport.com
Ducati's four-year MotoGP podium streak ends in...
No description available...
22h ago from Motorsport.com
Marc Marquez on Thai GP puncture: 'It was like I hit a...
No description available...
20h ago from Motorsport.com
Ai Ogura rues missed chance at Thai GP: 'I'm surprised...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
13h ago from Motorsport.com
How Mick Schumacher's IndyCar debut ended in messy Lap...
No description available...
10h ago from Motorsport.com
Christian Lundgaard leads Arrow McLaren effort with...
No description available...
9h ago from Motorsport.com
Alex Palou wins season opener with largest St. Pete...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
3d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Liverpool face Arsenal competition to sign...
Alessandro Bastoni has long been regarded as one of Europe’s most...
1h ago from CaughtOffside.com
“What an idiot” - Ex-Chelsea star slams Pedro Neto...
Former Chelsea star Chris Sutton has slammed Pedro Neto following his red...
2h ago from SportsKeeda.com
“You are putting everybody in danger” - Frank...
Former France defender Frank Leboeuf has called out Chelsea goalkeeper...
2h ago from SportsKeeda.com
“He can hold his head high” - Gary Neville heaps...
Manchester United legend Gary Nevlle reckons Chelsea centre-back Mamadou...
10m ago from SportsKeeda.com
Comments
Hottest News
New era of Formula 1 - what is changing in 2026?
As Formula 1 steps into a new era with new rules,... Read More »
40m ago from BBC.co.uk
‘Safe' tip for 2026 champion is Russell – Hadjar
Mar.2 The FIA has officially confirmed that new... Read More »
1h ago from OneStopStrategy.com
Honda explains Aston crisis as battery flaw exposed
Mar.2 Honda has broken its silence over Aston... Read More »
1h ago from OneStopStrategy.com
