News Details

Williams back making a profit

Williams is back on track financially…. Williams is out of the red thanks to a redesign of their structure, after previous years where they were consistently making a loss upwards of £31.3m in 2014. “Our 2015 financial results represent a major improvement, with strong revenue growth and positive cash flow,' said Mike O’Driscoll, Williams' Group chief executive officer.” 'Over the past two years we have completely restructured our business, and our results reflect significant progress, both operationally and financially. We were able to continue our resurgence on the track, and balance revenue and expenditure, despite enormous levels of competitive spending in what is...
Full Story »
10y ago from F1.co.uk 0
Share

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 on-track improvement pays off as team posts...

The Williams Formula 1 team has returned to profit according to its...
10y ago from GrandPrixTimes.com

2015 financial results show Williams back in profit

Williams Grand Prix Holdings PLC today announced the Group's financial...
10y ago from Pitpass.com

Williams F1 encouraged by 2015 financial results

Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the...
10y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Fabio Quartararo is determined to regain the...

Fabio Quartararo insists he can return to the front in MotoGP amid...

Enea Bastianini blasts MotoGP safety commission and...

Enea Bastianini has criticised the existing MotoGP safety commission by...

Popular On IndyCarToday.com

IndyCar officiating board helps shape Push to Pass...

IndyCar’s new Independent Officiating Board has made one of its first...

IndyCar expands Push to Pass availability

The NTT IndyCar Series has announced a change to the series’ Push to...

Popular On TotalWRC.com

Popular On GunnersToday.com

Luis Enrique aims subtle dig at Mikel Arteta as PSG...

Paris Saint-Germain manager Luis Enrique may have unintentionally aimed a...
2h ago from CaughtOffside.com

'In my opinion' – Harry Kane makes huge 'favourites'...

Bayern Munich striker Harry Kane has claimed that Paris Saint-Germain...
2h ago from SportsKeeda.com

Arsenal showing great interest in Liverpool transfer...

Arsenal are reportedly among the clubs showing a great interest in the...
3h ago from CaughtOffside.com

Could Arsenal become the richest club in England?

Sky Sports' Nick Wright explains how Arsenal's success this season could...
50m ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.