News Details
P3 leads to improved Williams financial results
XPB Images
Williams has turned a £31.5million loss in to a £0.2m profit for its F1 operations as a result of increased on-track performance. Following declining results prior to 2014, Williams has finished third in the constructors' championship on the last two occasions. With commercial rights payments coming a year in arrears, the team saw the benefit of its 2014 performance when announcing its 2015 annual results, which saw F1 revenues up from £70.2m to £101.5m, resulting in a profit of £0.2m (EBITDA). The Williams Group revenue increased from £90.2m in 2014 to £125.6m, while EBITDA improved from a loss of £37.0m to a loss of £3.3m in 2015. Williams put the core of...
Full Story »
Full Story »
You May Also Be Interested In...
Williams reports significant improvement in annual...
Williams Grand Prix Holdings PLC announced the Group’s financial...
9y ago from GrandPrix247.com
Williams returns to profit on back of Formula 1 success
The Williams Formula 1 team has lifted itself back in to profit on the...
9y ago from Motorsport.com
Williams F1 encouraged by 2015 financial results
Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the...
9y ago from ThisIsF1.com
Boss eyes ‘solution’ to Sauber F1 serious...
Sauber is working hard to find 'a lasting solution' to its obvious...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
6h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
1h ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
3d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Devastated Thierry Neuville vows to "come back...
No description available...
55m ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
3h ago from MotorsportWeek.c...
WRC Croatia: Takamoto Katsuta wins after final stage...
No description available...
4h ago from Motorsport.com
Oliver Solberg out of Croatia Rally (for now)
Friday: Oliver Solberg crashed out of Rally Croatia about four km into...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal could terminate Mikel Arteta’s contract and...
Arsenal manager Mikel Arteta and his players have come under intense...
2h ago from SportsKeeda.com
Arsenal latest: Gunners must land blow on City to...
No description available...
2h ago from SkySports.com
'I've already felt what it's like to win there' -...
Arsenal forward Gabriel Jesus has left the door open to leaving the club.
3h ago from SportsKeeda.com
Brazil International rejects Manchester United and...
Brazil international and Atalanta midfielder Ederson has reportedly...
5h ago from SportsKeeda.com
Comments
Hottest News
Banned by Mansell? Coulthard’s wild Williams story
The Williams garage in 1994 wasn’t short on... Read More »
1h ago from F1i.com
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
6h ago from MotorsportWeek.com
F1 legend backs daughter for racing success after...
Ella Hakkinen, daughter of Formula 1 legend... Read More »
45m ago from MotorsportWeek.com
