News Details
Williams on-track improvement pays off as team posts profit
The Williams Formula 1 team has returned to profit according to its latest financial results, with the team's on-track performance reflected in its statements. The team enjoyed a second-successive third place finish in the Constructors' Championship in 2015, boosting sponsorship and also received its '14 prize money from Formula One Management, which is paid a year in arrears. Last financial year (2014) the F1 side of the larger Williams Grand Prix Holdings PLC posted a £31.5 million loss, compared to a small £0.2m (EBITDA) profit for '15. That came after revenues rose from £70.2m to £101.5m in the space of a year, which is 'primarily due...
Full Story »
Full Story »
9y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Williams F1 encouraged by 2015 financial results
Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the...
9y ago from ThisIsF1.com
2015 financial results show Williams back in profit
Williams Grand Prix Holdings PLC today announced the Group's financial...
9y ago from Pitpass.com
Williams reports significant improvement in annual...
Williams Grand Prix Holdings PLC announced the Group’s financial...
9y ago from GrandPrix247.com
Williams 2015 financial results show significant...
Williams Grand Prix Holdings PLC today announced the Group's financial...
9y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
20h ago from Motorsport.com
Maverick Vinales undergoes shoulder surgery to remove...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
1d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
2d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
1d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
4d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Southampton vs Arsenal Prediction and Betting Tips |...
Southampton and Arsenal will square off in an FA Cup quarterfinal tie on...
23m ago from SportsKeeda.com
Arsenal & Man Utd on alert as England star...
Morgan Rogers has reportedly decided he wants to leave Aston Villa this...
13m ago from CaughtOffside.com
No explanation required
Morning all. We'll hear from Mikel Arteta today for the first time in a...
43m ago from Arseblog.com
Sandro Tonali offers himself to European giants amid...
Newcastle United midfielder Sandro Tonali has reportedly been offered to...
9h ago from SportsKeeda.com
Comments
Hottest News
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
1d ago from GrandPrix247.com
Oscar Piastri fires 'beatable' F1 warning to Mercedes
Mercedes has enjoyed a strong start to the new... Read More »
1h ago from RacingNews365.com
The thorny issues facing F1 over racing, qualifying and...
Andrew Benson analyses what we have learned... Read More »
23m ago from BBC.co.uk
