News Details

Williams isn't fighting for survival but it is ‘time for change’

Claire Williams says the unexpected decision to put the Williams F1 team up for sale as part of an ambitious plan to drive significant new investment is not because the team can’t survive without an influx of cash, but because the time has come to try an entirely new approach to change its fortunes. On the back of its worst ever season in F1, a campaign that yielded just a single points’ finish, Williams also finds itself mired in a desperate financial situation having racked up a £13m loss in 2019 alone. Prompting an immediate review into its finances, Williams subsequently revealed it is opening itself up to offers of a full takeover. However, while the surprise change in tact...
Full Story »
3y ago from Crash.net 0
Share

You May Also Be Interested In...

Williams: "We need to find the best solution for...

In the middle of the corona crisis, Williams announced that the...
3y ago from GPBlog.com

Williams 'shocked' that Mercedes is trying to bring...

Williams announced during the corona crisis that it was giving up its...
3y ago from GPBlog.com

Williams to launch new livery on Friday morning

Williams will reveal a new look FW43 on Friday morning, in light of title...
3y ago from FormulaSpy.com

Williams unveil revised livery for FW43

Williams have revealed the livery they will use for the 2020 season,...
3y ago from FormulaSpy.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo ‘happy' to have ‘first...

Yamaha MotoGP rider Fabio Quartararo says that the MotoGP French Grand...
19h ago from MotorsportWeek.c...

Miller looking for answers to...

No description available...
1d ago from Motorsport.com

Popular On IndyCarToday.com

Abel ends Indy 500 entry hopes, cites funding as cause

Abel Motorsports will not be fielding a car in this year’s Indianapolis...

American flag livery returns for AJ Foyt Indy 500 entry

AJ Foyt Racing announced Wednesday that it is bringing its popular...

Popular On TotalWRC.com

Popular On GunnersToday.com

Three England internationals 'among seven players put...

Arsenal reportedly put seven players up for sale ahead of the summer...
59m ago from SportsMole.co.uk

Chelsea tipped to struggle to land much-needed...

Aston Villa goalkeeper Emi Martinez has been linked with a move to Chelsea...
2h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.