News Details

Williams posts substantial 2014 losses

Williams Martini Racing Williams Grand Prix Holdings has announced that it reported sizeable losses in 2014 - though is adamant that matters will improve this year. Revenues fell from £130.4m to £90.2 between 2013 and 2014, which the team pins on a substantial one-off sponsorship payment in 2013, as well as the squad's lowly championship placing two years ago, when it was ninth. The squad is confident that its subsequent restructuring process - which led to a third place finish last year - means that its annual loss of £34.3m will be rectified next year. "The decision to invest in the team has been more than validated, with a third place finish in the 2014 Constructors'...
Full Story »
10y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Raikkonen finally wakes up after nearly quitting in...

Kimi Raikkonen considered returning to Formula 1 retirement after his...
10y ago from GrandPrix247.com

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 substantial loss for 2014

– Williams Grand Prix Holdings has reported a sizeable loss of...
10y ago from GPUpdate.net

Alonso facing "massive" task at McLaren

Fernando Alonso has a massive task ahead of him and could face years...
10y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez fights back to take German MotoGP Sprint...

Marc Marquez battled through from sixth on the opening lap to seal a...

Popular On IndyCarToday.com

‘Progression’ name of the game as Kyffin Simpson...

Kyffin Simpson is competing in his sophomore year in the NTT IndyCar...

Severe weather disrupts IndyCar practice from Iowa

A round of severe weather has delayed the first practice session for the...
18h ago from MotorsportWeek.c...

Will Power’s contract decision on hold due to Team...

Will Power’s contract with Team Penske is up at the end of this season,...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Would pay' – Journalist claims Man United would...

Manchester United would reportedly be happy to pay the money Sporting...
1h ago from CaughtOffside.com

'The club needs to explain' – Arsenal legend...

Arsenal legend Sol Campbell has appeared to question the decision to sign...
3h ago from CaughtOffside.com

'Great revenge' – Viktor Gyokeres sends fighting...

Sporting Lisbon striker Viktor Gyokeres has shown a clear sign of his...
4h ago from CaughtOffside.com

Viktor Gyokeres makes feelings clear about playing...

Arsenal transfer target Viktor Gyokeres has claimed Gabriel Magalhaes and...
3h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.