News Details
Williams Advanced Engineering sold in £164m deal
Williams Advanced Engineering has been sold to Australian firm Fortescue Metals Group [FMG], in a deal worth £164 million. Fortescue have bought 100 percent of the company, and founder and chairman Dr Andrew Forrest says the deal came about as his company looks to help 'save the planet from cooking' by heading towards the ambitious aim of making FMG fully carbon neutral by 2030. An offshoot of the group, Fortescue Future Industries [FFI], has been geared towards helping the group achieve this aim for themselves and in the heavy industrial sector as a whole – which accounts for around 20% of global carbon dioxide emissions. FFI will work directly with WAE to help the company towards...
Full Story »
Full Story »
2y ago from PlanetF1.com
0
You May Also Be Interested In...
Williams Advanced Engineering Ltd sold
Reports have emerged that Williams Formula 1 team have sold their...
2y ago from GrandPrix247.com
Williams Advanced Engineering bought by Australian...
Australia's Fortescue Metals Group has bought Williams Advanced...
2y ago from Pitpass.com
'Williams Advanced Engineering to be acquired for 164...
Williams Advanced Engineering, the engineering arm founded by Williams'...
2y ago from GPBlog.com
Environmental group campaigning for Dutch Grand Prix...
A Dutch environmentalist group is calling for the Formula 1 race at...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Yamaha MotoGP satellite team "must be...
No description available...
3h ago from Motorsport.com
Pedrosa says 'unexpected' MotoGP return pushed by...
No description available...
3h ago from Motorsport.com
Yamaha to bring brand new MotoGP bike at Jerez test
Fabio Quartararo and Alex Rins are set to test ride a brand-new Yamaha M1...
1h ago from MotorsportWeek.c...
Fernandez to ride 2024 Aprilia MotoGP bike from Jerez...
Trackhouse Aprilia rider Raul Fernandez will ride the 2024 spec bike when...
4h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
12h ago from MotorsportWeek.c...
McLaughlin issues statement following St. Pete...
No description available...
12h ago from Motorsport.com
Full-time IndyCar move “an option” says supersub...
No description available...
15h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
1d ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
1d ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'I know exactly what it feels like' - Cesc Fabregas...
No description available...
41m ago from SportsKeeda.com
Ashley Cole explains the difference between playing...
No description available...
1h ago from SportsKeeda.com
Chelsea superstar ruled out of rest of 2023-24...
No description available...
4h ago from SportsKeeda.com
'Mesmerising at the moment' - Gary Neville feels...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Audi agree LONG-TERM F1 deal with star driver
Audi have agreed a long-term deal for the first... Read More »
7h ago from GPFans.com
Rosberg reveals financial toll of rivalry with Hamilton
Nico Rosberg recently shed light on an intriguing... Read More »
4h ago from F1i.com
'Verstappen and Red Bull to continue without Newey in 2025,...
Adrian Newey is expected to announce his... Read More »
21m ago from GPBlog.com
