News Details
Williams drives back into the black
Formula One team Williams returned to profit last year, despite a poor season on the track for the former world champions, helped by a one-off payment from outgoing sponsor PDVSA. State-owned Venezuelan oil company PDVSA paid out for an early termination of its sponsorship deal when driver Pastor Maldonado left Williams for Lotus at the end of last season. That payment helped Williams, the only Formula One team with a stock market listing, to increase revenues to 132 million pounds ($223 million) in 2013, from 106 million the previous year. The group, which is developing an engineering business to commercialise its racing technology, reported an operating profit of 12 million pounds, a...
Full Story »
Full Story »
11y ago from SuperSport.com
0
You May Also Be Interested In...
Williams announces income increase
Williams Martini Racing
Williams Grand Prix Holdings has announced an...
11y ago from F1Zone.net
Williams increases income by 25%
Williams Grand Prix Holdings PLC (WGPH) has announced its financial...
11y ago from Crash.net
Force India set to unveil Smirnoff sponsor deal
Force India is due to announce a major new sponsor in the form of Smirnoff...
11y ago from TheF1Times.com
Slavica Ecclestone's not-so-secret £10m payment to...
An investigation by the BBC has apparently revealed that Formula One boss...
11y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: Yamaha ‘has no idea’ how to fix...
No description available...
5h ago from Motorsport.com
Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...
Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
6h ago from MotorsportWeek.c...
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
9h ago from Motorsport.com
Winners and losers from MotoGP’s United States GP
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward left searching for answers after...
No description available...
4h ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
8h ago from MotorsportWeek.c...
David Malukas “learned a lot” with tire strategy...
No description available...
5h ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
4d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
4d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Man United eye perfect Casemiro replacement with move...
Leon Goretzka has been heavily linked with a move away from Bayern Munich...
4h ago from CaughtOffside.com
Arsenal forward’s availability for Champions League...
Arsenal star Noni Madueke's availability is in doubt for the UEFA...
6h ago from SportsKeeda.com
“It made absolutely no sense” - Tuchel makes...
England manager Thomas Tuchel has revealed that Arsenal duo Declan Rice...
7h ago from SportsKeeda.com
Journalist confirms 'top player' from rival club is...
Arsenal are reportedly interested in signing the Newcastle United defender...
9h ago from CaughtOffside.com
Comments
Hottest News
Honda reveal stunning new Aston Martin detail which changes...
A revelation from Honda's president made during... Read More »
3h ago from GPFans.com
Christian Horner still focused on F1 after 'start/finish'...
Insights into Christian Horner's private life are... Read More »
47m ago from GPFans.com
'Things happened which even I cannot comprehend': Toto...
Toto Wolff has delivered a tell all interview... Read More »
2h ago from GPFans.com
