News Details
Williams considering sale of Formula 1 team
Williams is considering the possibility of selling its once-dominant but now struggling Formula 1 team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday. The company published annual results showing F1 revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year. “The WGPH board is undertaking a review of all the various strategic options available to the company,” it said. “Options being considered include, but are not limited to, raising new capital for the business, a divestment of a minority stake in WGPH or a divestment of a majority stake in WGPH including a potential sale of the whole...
Full Story »
Full Story »
3y ago from GrandPrix247.com
0
You May Also Be Interested In...
Williams considering F1 team sale after £13 million...
Williams Racing is considering a partial or full sale of its Formula 1...
3y ago from TheCheckeredFlag....
Williams considers sale - terminates ROKiT sponsorship!
Williams Grand Prix Holdings is considering a partial or full sale of its...
3y ago from F1i.com
Williams considers sale of struggling F1 team
Williams is considering a sale of its once-dominant but now struggling...
3y ago from espnF1.com
Stark figures for McLaren are a sign of the times
Formula 1 team owners McLaren saw group revenues reverse from 284 million...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac's Morbidelli still "missing freedom"...
No description available...
13h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
18h ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
18h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
11h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
1d ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
11h ago from MotorsportWeek.c...
How WRC Rally1 teams embraced the return of the...
No description available...
11h ago from Motorsport.com
WRC Safari Rally: Neuville edges Tanak to grab early...
No description available...
16h ago from Motorsport.com
Kenya launches motorsport academy to nurture future...
No description available...
15h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal Transfer News Roundup: Gunners eyeing Ismael...
No description available...
1h ago from SportsKeeda.com
Crunch time: Easter games that have shaped the Premier...
the sharp end of the season fast approaches, here are four classic matches...
12h ago from TheGuardian.com
Key Manchester City duo miss first team training ahead...
No description available...
6h ago from SportsKeeda.com
Arsenal, Liverpool or Manchester City? Chris Sutton...
No description available...
6h ago from SportsKeeda.com
Comments
Hottest News
Vettel CONFIRMS F1 comeback and reveals what's holding it up
Ever since Lewis Hamilton made the shock... Read More »
10h ago from GPFans.com
Top manufacturer takes HUGE step towards F1 return
A top manufacturer has taken a significant step... Read More »
16h ago from GPFans.com
F1 News Today: Vettel CONFIRMS stunning comeback as Red...
Ever since Lewis Hamilton made the shock... Read More »
13m ago from GPFans.com