News Details
Williams considers sale - terminates ROKiT sponsorship!
Williams Grand Prix Holdings is considering a partial or full sale of its assets, including its Formula 1 team, as financial pressure mounts on the group amid the coronavirus crisis. Formula 1's economic downturn on the back of the global pandemic, with a 2020 season that has yet to get underway, is forcing several of the sport's smaller teams to undergo strategic reviews or consider contingency plans to ensure their survival. After McLaren's decision to lay off 1200 people, including 70 members of its F1 team, and seek an injection of fresh capital, Williams Grand Prix Holdings is now also facing liquidity issues, inciting the company to consider an outright sale of its operations,...
Full Story »
Full Story »
You May Also Be Interested In...
Williams serves notice to split from title partner...
Williams has announced that it has served notice to
terminate...
5y ago from MotorsportWeek.com
Williams loses ROKiT immediately as title sponsor;...
Things at Williams aren't going well at the moment. On Friday morning it...
5y ago from GPBlog.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
Williams offered for sale, terminates ROKiT sponsorship
Williams is in an offer period The parent company of the Williams Formula...
5y ago from SpeedCafe.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
7h ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
1d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
2d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
21h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
1d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
1d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg in control, as Elfyn...
No description available...
6h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
23h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
20h ago from Motorsport.com
FIA offers update on new WRC commercial rights holder...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Manchester United legend accuses Arsenal of lack of...
Former Manchester United midfielder Teddy Sheringham accused Arsenal of...
3h ago from SportsKeeda.com
Arteta: I feel part of Rams' Super Bowl challenge
Stan Kroenke just became America's largest private landowner. The Arsenal...
8m ago from SkySports.com
'It's a challenge' | Carrick explains what Man Utd...
Manchester United head coach Michael Carrick says he is embracing the...
8m ago from SkySports.com
Fernandes or Odegaard? Who makes Arsenal vs Man Utd...
Robbie Lyle, Adam McKola and Buvey sit down to debate one of the biggest...
5h ago from SkySports.com
Comments
Hottest News
Lewis Hamilton left stunned after first Ferrari 2026 F1 laps
Ferrari unveiled to the world its new car for the... Read More »
5h ago from RacingNews365.com
Cowell weighs in on Mercedes’ controversial engine edge
Andy Cowell knows better than most how Formula... Read More »
58m ago from F1i.com
Ferrari's strict security measures for 2026 F1 car launch...
Ferrari's strict security measures have been... Read More »
58m ago from GPFans.com
