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
How Raul Fernandez is chasing his next MotoGP contract
No description available...
9h ago from Motorsport.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...
2d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Complete IndyCar championship standings after Phoenix
No description available...
51m ago from Motorsport.com
Josef Newgarden earns thrilling IndyCar win at Phoenix
No description available...
2h ago from Motorsport.com
Alex Palou's 100th IndyCar start ends in early crash...
No description available...
3h ago from Motorsport.com
Will Power “ran me into the wall” says Rasmussen...
No description available...
21m ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
2d 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...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bargain asking price: Liverpool & Arsenal...
Clubs like Liverpool and Arsenal could reportedly be in luck as Real...
5h ago from CaughtOffside.com
Supercomputer predicts unthinkable Tottenham...
The Premier League table has been given a radical shake-up as a...
8h ago from CaughtOffside.com
Ashley Cole makes honest admission when asked if...
Chelsea legend Ashley Cole believes Arsenal can win the quadruple this...
8h ago from SportsKeeda.com
Arsenal looking to reinforce squad with 100m...
Arsenal have stepped up their pursuit of Newcastle United midfielder...
9h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Max Verstappen stunned as FIA announce...
Unseen footage of Max Verstappen's reaction to... Read More »
2h ago from GPFans.com
Motorsport Week's 2026 F1 season predictions
With the new Formula 1 season just hours away,... Read More »
21m ago from MotorsportWeek.com
FIA announce late Mercedes penalty verdict after front row...
The FIA have confirmed a late penalty verdict for... Read More »
15h ago from GPFans.com
