News Details
Williams considering sale of Formula 1 team
Williams is considering the possibility of selling its once-dominant but now struggling Formula 1 team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday. The company published annual results showing F1 revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year. “The WGPH board is undertaking a review of all the various strategic options available to the company,” it said. “Options being considered include, but are not limited to, raising new capital for the business, a divestment of a minority stake in WGPH or a divestment of a majority stake in WGPH including a potential sale of the whole...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Williams considering F1 team sale after £13 million...
Williams Racing is considering a partial or full sale of its Formula 1...
5y ago from TheCheckeredFlag....
Williams considers sale - terminates ROKiT sponsorship!
Williams Grand Prix Holdings is considering a partial or full sale of its...
5y ago from F1i.com
Williams considers sale of struggling F1 team
Williams is considering a sale of its once-dominant but now struggling...
5y ago from espnF1.com
Stark figures for McLaren are a sign of the times
Formula 1 team owners McLaren saw group revenues reverse from 284 million...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
1d ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
1d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
2d ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
David Malukas earns Phoenix IndyCar pole as Will Power...
No description available...
15h ago from Motorsport.com
IndyCar's David Malukas eager to convert Phoenix pole...
No description available...
12h ago from Motorsport.com
IndyCar veterans praise Mick Schumacher for...
No description available...
13h ago from Motorsport.com
IndyCar Phoenix – Qualifying Results
IndyCar’s busy Friday continued with a single-car, two-lap qualifying...
14h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
1d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
4d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
14 G/A star puts Arsenal on alert as he's open to...
Arsenal are reportedly interested in a potential transfer swoop for Paris...
55m ago from CaughtOffside.com
'We could lose him' – Ray Parlour predicts...
Former Arsenal midfielder Ray Parlour has made it clear that Gabriel Jesus...
35m ago from CaughtOffside.com
'My agent's calling me…' – Former Arsenal...
Former Arsenal star Alex Iwobi has revealed the chaotic way his exit from...
1h ago from CaughtOffside.com
Mansfield v Arsenal: FA Cup fifth round – live
FA Cup fifth round news from the 12.15pm GMT kick-off<br>⚽ <a...
25m ago from TheGuardian.com
Comments
Hottest News
FIA announce late Mercedes penalty verdict after front row...
The FIA have confirmed a late penalty verdict for... Read More »
2h ago from GPFans.com
Lewis Hamilton raises suspicion over Mercedes 'extra power'
Lewis Hamilton was left surprised by Mercedes'... Read More »
3h ago from RacingNews365.com
Lando Norris says George Russell only one saying Australian...
Lando Norris did not have the best of starts to... Read More »
2h ago from GrandPrix247.com
