News Details
Williams completes refinancing process with consortium of lenders
Williams has announced that it has completed a refinancing process of its F1 team with a consortium of lenders that includes Michael Latifi, the father of its driver Nicholas Latifi. Williams initiated its refinancing at the end of last year when it sold its technology subsidiary Williams Advanced Engineering. The Grove-based outfit has reportedly secured loans from its banking partner HSBC as well as from Latrus Racing, a financial company owned by Canadian billionaire Michael Latifi. Williams puts employees on temporary leave amid COVID-19 crisis Williams has also mortgaged its land and buildings, including its plant and machinery, with security also provided by its vast collection of...
Full Story »
Full Story »
You May Also Be Interested In...
Norris says 'closer' Williams now within midfield...
McLaren's Lando Norris believes his team will need to factor in Williams...
5y ago from F1i.com
Williams puts employees on temporary leave amid...
Williams is the second F1 team after McLaren to put part of its staff on...
5y ago from F1i.com
Mercedes: Production of COVID-19 breathing aid in full...
Mercedes has announced that the design of the breathing aid engineered in...
5y ago from F1i.com
A salute to Britain's first F1 world champion
Mike Hawthorn, Britain's first F1 world champion, was born on this day in...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Who crashed the most during the 2025 MotoGP season?
No description available...
19h ago from Motorsport.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
3d ago from MotorsportWeek.c...
Maverick Vinales “mentally stronger” than ever...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Sunoco makes full-time IndyCar return as primary...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
1d ago from MotorsportWeek.c...
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
2d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How Hayden Paddon got his second shot in WRC
No description available...
21h ago from Motorsport.com
Lancia reveals driver line-up for 2026 WRC return
No description available...
1d ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
3d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 2-1 Wolves: Late joy but considerable worry...
Match report – Player ratings – Arteta reaction The game...
16m ago from Arseblog.com
Arsenal 2-1 Wolves: Premier League – live reaction
Bukayo Saka crosses forced two own goals as Arsenal somehow found a way...
9h ago from TheGuardian.com
Mosquera’s last-gasp own goal hands Arsenal dramatic...
easy games? Surely this one would be for Arsenal. Never before in English...
9h ago from TheGuardian.com
DRAMA! Arsenal snatch late win over Wolves to move...
Highlights from the Premier League match between Arsenal and Wolves.
9h ago from SkySports.com
Comments
Hottest News
Rosberg: Hamilton has to continue
So bad was Lewis Hamilton's first season with... Read More »
46m ago from GrandPrix247.com
Leclerc: Next year will be a crucial year
Charles Leclerc is looking ahead to the car... Read More »
46m ago from GrandPrix247.com
'Killer' Max Verstappen hailed as 'true champion' after...
Max Verstappen is, in the eyes of many people,... Read More »
46m ago from RacingNews365.com
