The Williams Formula 1 team has posted significant financial losses for the start of 2019 following its poor results in 2018. After finishing bottom of the F1 world constructors’ championship last year, while also losing big-money funding from Sergey Sirotkin, Lance Stroll and title sponsors Martini, the British team’s F1 operations recorded a loss of £16.8m, having previously made £0.2m in 2018. The Williams F1 squad generated a revenue of £46.3m in the first six months of 2019, down from £60.7m in 2018, despite gaining key backing from new title sponsors ROKiT plus support from Orlen through Robert Kubica. But the British squad’s overall records are offset by improvements from...
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