News Details
Williams posts £5 million loss for 2012
Williams Grand Prix Holdings has posted a pre-tax loss of £5 million for 2012. The outfit made a profit of £7.4 million in 2011, but has linked the latest figures to "the impact of a technical accounting treatment of one of the Group’s key receipts". Although Pastor Maldonado's Spanish Grand Prix victory was the highpoint of a much-improved 2012 campaign and the first for the team since 2004, the Williams Grand Prix Engineering arm recorded a loss of £0.6 million. The group's turnover did increase, however, rising by 22 percent from £104.5 million to £127 million. Despite losses in certain areas, Team Principal Sir Frank Williams remains confident over his team's long-term...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
Williams group posts £5m loss for 2012
Williams Grand Prix Holdings - the group of companies which includes...
12y ago from espnF1.com
Williams financial results mirror on-track...
Williams Grand Prix Holdings has reported positive financial results for...
12y ago from Crash.net
F1 – Lloyds TSB sell stake in Marussia F1 after...
Lloyds banking group has sold a 25.3% share in the Marussia F1 team after...
13y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez pinpoints key weakness after Jerez MotoGP...
No description available...
12h ago from Motorsport.com
Uccio Salucci: 'VR46 is the top Ducati team right now'
No description available...
14h ago from Motorsport.com
Pramac MotoGP boss: 'Why do people think Yamaha isn't...
No description available...
17h ago from Motorsport.com
MotoGP Jerez test: Aprilia 1-2-3 as new aero packages...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rookies take on Indianapolis in open test, Newgarden...
No description available...
6h ago from Motorsport.com
All drivers clear Indy 500 Rookie Orientation...
IndyCar’s two-day test session for the Indianapolis 500 got underway...
7h ago from MotorsportWeek.c...
Arrow McLaren has "no fear" in running all...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
2d ago from Motorsport.com
Thierry Neuville: “Nobody knows” answer to...
No description available...
1d ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
2d ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Erling Haaland appears to aim subtle dig at Arsenal...
Manchester City striker Erling Haaland has sparked a social media frenzy...
4h ago from CaughtOffside.com
PSG 5-4 Bayern was the game of the season, but Arsenal...
PSG's 5-4 win over Bayern Munich on Tuesday night was undoubtedly one of...
4h ago from CaughtOffside.com
Arsenal readying £35m bid for attacking wonderkid...
Arsenal are reportedly interested in signing the Porto striker Oskar...
8h ago from CaughtOffside.com
'My mindset…' – Arsenal star responds to...
Arsenal captain Martin Odegaard has played down transfer speculation over...
7h ago from CaughtOffside.com
Comments
Hottest News
Kelly Piquet emotional with Max Verstappen: 'I had no idea...
The daughter of Kelly Piquet and four-time F1... Read More »
5h ago from GPFans.com
Lewis Hamilton told Miami GP could be turning point for...
Martin Brundle believes Lewis Hamilton can still... Read More »
4h ago from MotorsportWeek.com
When Susie met Toto: 'Instant attraction' and why she...
Former racing driver and managing director of F1... Read More »
6h ago from GPFans.com
