News Details
Williams group posts £34.3m loss for 2014
Williams Grand Prix Holdings has announced a substantial £34.3m loss for 2014, but insists it is simply the legacy of the struggles associated with its lowly placing in the 2013 constructors' standings. The group underwent a restructure in 2013 in an effort to revive the fortunes of its flagging F1 team, as well as place greater emphasis in its profitable engineering business. As such, Williams claims 2014 was considered a year of transition, which is thus reflected in its final results. Consequently, with higher costs in a sport in which commercial rights revenue is earned a year in arrears, the group reported a revenue of £90.2m (2013: £130.4m), with an EBIT of (£34.3m) (2013:...
Full Story »
Full Story »
You May Also Be Interested In...
Williams posts a loss of £34.5m for 2014
Williams Grand Prix Holdings has reported a loss of £34.5m for 2014 –...
11y ago from Motorsport.com
Arrivabene insists Raikkonen contract extension...
Kimi Raikkonen has to earn a new contract with Ferrari, according to Team...
11y ago from TheCheckeredFlag....
Hamilton: I am gunning for my third world title
Lewis Hamilton is on a roll, winning the Bahrain Grand Prix for the...
11y ago from GrandPrix247.com
Pirelli unveils tyre compounds for next four races
Pirelli has uneviled which compounds it will take to the Spanish, Monaco,...
11y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Only four riders on the current grid have yet to win a...
No description available...
8h ago from Motorsport.com
Explained: the error that led to Fabio Quartararo’s...
No description available...
1d ago from Motorsport.com
MotoGP's tightest title race in years: What...
The numbers back that up. According to Crash.net's post-race breakdown,...
1d ago from MotorsportWeek.c...
How to fix small paint chips like a motorsport mechanic
The good news is that most everyday chips can be stabilised and blended...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
David Malukas hails new Markham IndyCar circuit as...
No description available...
1h ago from Motorsport.com
Alex Palou fastest in first run of new Markham circuit
Early Saturday morning, the NTT IndyCar Series finally tackled the brand...
2h ago from MotorsportWeek.c...
Frustration in Markham: IndyCar President Boles calls...
No description available...
19h ago from Motorsport.com
IndyCar forced to reschedule Friday practice due to...
The NTT IndyCar series will not be completing its first practice session...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
5d ago from Motorsport.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
1w ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool legend Robbie Fowler predicts who will win...
Liverpool legend Robbie Fowler has predicted Arsenal to win the Premier...
3h ago from SportsKeeda.com
Liverpool star informs club that he wants to join...
Liverpool attacker Cody Gakpo has reportedly informed the club's hierarchy...
4h ago from SportsKeeda.com
Galatasaray president tells inner circle what he plans...
Galatasaray president Dursun Ozbek has reportedly told his inner circle...
5h ago from SportsKeeda.com
Arsenal fans receive major boost as key man makes...
Arsenal boss Mikel Arteta opens up on his desire to continue at the North...
7h ago from CaughtOffside.com
Comments
Hottest News
'What a horror!' - Pictures of new F1 track emerge and fans...
The first Spanish Grand Prix set to be held at... Read More »
1h ago from GPFans.com
Carlos Sainz to Red Bull analysed as top F1 insider joins...
If Max Verstappen is the hottest property on the... Read More »
48m ago from GPFans.com
Flavio Briatore dismisses 'monster high-profile'...
Flavio Briatore insists Alpine will not sign a... Read More »
1h ago from RacingNews365.com
