News Details
P3 leads to improved Williams financial results
XPB Images
Williams has turned a £31.5million loss in to a £0.2m profit for its F1 operations as a result of increased on-track performance. Following declining results prior to 2014, Williams has finished third in the constructors' championship on the last two occasions. With commercial rights payments coming a year in arrears, the team saw the benefit of its 2014 performance when announcing its 2015 annual results, which saw F1 revenues up from £70.2m to £101.5m, resulting in a profit of £0.2m (EBITDA). The Williams Group revenue increased from £90.2m in 2014 to £125.6m, while EBITDA improved from a loss of £37.0m to a loss of £3.3m in 2015. Williams put the core of...
Full Story »
Full Story »
You May Also Be Interested In...
Williams reports significant improvement in annual...
Williams Grand Prix Holdings PLC announced the Group’s financial...
10y ago from GrandPrix247.com
Williams returns to profit on back of Formula 1 success
The Williams Formula 1 team has lifted itself back in to profit on the...
10y ago from Motorsport.com
Williams F1 encouraged by 2015 financial results
Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the...
10y ago from ThisIsF1.com
Boss eyes ‘solution’ to Sauber F1 serious...
Sauber is working hard to find 'a lasting solution' to its obvious...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac MotoGP team announces arrival of Ross Brawn to...
Pramac has announced that former Formula 1 team boss Ross Brawn has...
4h ago from MotorsportWeek.c...
The five MotoGP manufacturers gather in Misano for a...
No description available...
1d ago from Motorsport.com
Valentino Rossi faces key decision: Who will replace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Indy 500 purse climbs dramatically, surpassing $30...
Participants in the 110th running of the Indianapolis 500 were awarded a...
6h ago from MotorsportWeek.c...
Winners and losers from the 110th running of the...
No description available...
10m ago from Motorsport.com
Mick Schumacher named Indy 500 Rookie of the Year
Mick Schumacher has been named the Indianapolis 500 Rookie of the Year...
18h ago from MotorsportWeek.c...
Mick Schumacher named Indy 500 Rookie of the Year
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta: “There is no question, it is full...
No description available...
8h ago from Motorsport.com
Toyota “nervous” of Hyundai threat ahead of WRC...
No description available...
6d ago from Motorsport.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
1w ago from Motorsport.com
Why returning to the WRC podium was so important for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
PSG to be handed double injury boost ahead of...
Paris Saint-Germain are set to be handed a double injury boost ahead of...
1h ago from SportsKeeda.com
'I was a bit harsh' - Paul Scholes goes back on...
Manchester United icon Paul Scholes has admitted he was overly critical of...
4h ago from SportsKeeda.com
North London united? Arsenal stars party with...
Arsenal and Tottenham players partied together during the Gunners' Premier...
6h ago from SportsKeeda.com
Just In: Arsenal frustrated after private Arteta video...
Arsenal are reportedly unhappy behind the scenes after a private video...
8h ago from CaughtOffside.com
Comments
Hottest News
Red Bull new signing says Jos Verstappen is 'a pure thug:...
Red Bull's newest F1 signing has provided a... Read More »
30m ago from GPFans.com
Lewis Hamilton has found his formula for F1 success but it...
Seven-time champion Lewis Hamilton was back on... Read More »
1h ago from GPFans.com
F1 insider ‘astounded’ as McLaren allow star to make...
Confirmation that one of McLaren's key F1 players... Read More »
5h ago from GPFans.com
