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 »
11y 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....
11y ago from GrandPrix247.com
Williams reports substantial loss for 2014
– Williams Grand Prix Holdings has reported a sizeable loss of...
11y ago from GPUpdate.net
Williams group posts £34.3m loss for 2014
Williams Grand Prix Holdings has announced a substantial £34.3m loss for...
11y ago from Crash.net
Williams reports £34.3m loss in 'year of transition'
Williams Grand Prix Holdings PLC today announced the Group's financial...
11y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
2h ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
19h ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
1d ago from Motorsport.com
Keeping Fabio di Giannantonio at VR46 'Plan A', admits...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher shares injury update after breaking...
No description available...
21h ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
20h 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
M-Sport weighs up WRC new car build as all options...
No description available...
1d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
2d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'I'm not happy about that' – ex-Gunner slams...
Arsenal manager Mikel Arteta has been heavily criticised by one of the...
2h ago from CaughtOffside.com
Premier League club who could hurt Man City’s title...
Everton are reportedly exploring a move for Arsenal defender Ben White as...
1h ago from SportsKeeda.com
Arsenal vs Fulham Prediction and Betting Tips | 2nd...
The Premier League returns to the fold with another set of matches this...
2h ago from SportsKeeda.com
'Serious chances' for Liverpool & Arsenal...
Fabrizio Romano is reporting that there are 'serious chances' for Anthony...
4h ago from CaughtOffside.com
Comments
Hottest News
'Sometimes you're just unlucky' - Max Verstappen won't give...
F1 champion Max Verstappen has said there is no... Read More »
49m ago from GPFans.com
Lewis Hamilton reveals Ferrari fixed bizarre Japanese GP...
Lewis Hamilton revealed that his bizarre power... Read More »
2h ago from MotorsportWeek.com
Lance Stroll savages ‘fundamentally flawed' 2026...
Lance Stroll has delivered a savage takedown of... Read More »
1h ago from MotorsportWeek.com
