News Details
Williams announces income increase
Williams Martini Racing
Williams Grand Prix Holdings has announced an income increase in 2013 compared to their 2012 results.
The Group's overall income increased to £132.4m, up from £105.8m in 2012.
Williams's Formula 1 income increased to £108.5m, up from £86.4m in 2012, largely thanks to 'special non-recurring sponsorship payment', which is thought to be linked to PDVSA's departure at the end of 2013.
"Although 2013 was a difficult season for the team on the race track, we report these full year results at a time of much optimism for the Williams Group," said founder and team principal Sir Frank Williams.
"We have started the 2014 Formula One season well and hope we...
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11y ago from F1Zone.net
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