News Details
Williams: Potential sale about securing future
Claire Williams Claire Williams says that a potential sale of Williams Grand Prix Holdings (WGPH) is motivated by a desire to secure its future and put its people first. WGPH, the company whose operations include the Williams Racing Formula 1 team, made the announcement of a formal sale process in conjunction with the release of its 2019 financial results. The company recorded a loss (EBITDA) of GBP 13.0 million (AUD 24.1 million) for the year ended December 31, 2019 compared to profit of GBP 12.9 million (AUD 23.9 million) in the corresponding prior period. The swing was largely due to the F1 team moving from profit to loss, with Williams Advanced Engineering’s profit rising (excluding...
Full Story »
Full Story »
5y ago from SpeedCafe.com
0
You May Also Be Interested In...
Claire Williams: Team sale 'to ensure its future...
Claire Williams says the sale of Williams' F1 team is being contemplated...
5y ago from F1i.com
Claire Williams: New investment will protect our...
The Williams family is prepared to give-up control of its eponymous team...
5y ago from GrandPrix247.com
Sale would be to secure team's future, says Williams
On a day F1 woke expecting to hear the very worst news in terms of...
5y ago from Pitpass.com
Williams for sale
Williams F1 announced an immediate departure with their title sponsor,...
5y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'It's not that the others are going...
No description available...
14h ago from Motorsport.com
Johann Zarco tops second MotoGP practice at Le Mans,...
Johann Zarco continued Honda's Friday dominance to top the second MotoGP...
17h ago from MotorsportWeek.c...
Pedro Acosta ‘barely makes it through’ to Q2 after...
No description available...
14h ago from Motorsport.com
What’s behind Honda’s pace-setting speed in French...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Enzo Fittipaldi snags first Indy NXT win in Race 1 of...
No description available...
10h ago from Motorsport.com
Rain washes out IndyCar qualifying at Indianapolis...
No description available...
9h ago from Motorsport.com
IndyCar postpones IMS qualifying due to rain
The NTT IndyCar Series has postponed qualifying due to continuing...
9h ago from MotorsportWeek.c...
Second IndyCar practice at IMS headed up by Alex Palou
IndyCar took to the Indianapolis Motor Speedway road course for the...
13h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Portugal: Organisers investigate major stage...
No description available...
12h ago from Motorsport.com
WRC Portugal: Adrien Fourmaux off gives Sebastien...
No description available...
15h ago from Motorsport.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
19h ago from Motorsport.com
WRC Portugal: Hyundai on top as overnight leader...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
'I can't see…' – Jamie Carragher makes big...
Liverpool legend Jamie Carragher has admitted he can see there being a...
30m ago from CaughtOffside.com
Mikel Arteta responds to Wayne Rooney claiming Arsenal...
Arsenal manager Mikel Arteta has issued a response after Wayne Rooney...
9m ago from SportsKeeda.com
Arsenal and Man City battle for 55m Spanish attacker...
Matias Fernandez-Pardo has been linked with a move away from LOSC Lille at...
11h ago from CaughtOffside.com
The seven games that will decide whether Arsenal or...
enal have the advantage in the Premier League title race but will they...
10h ago from TheGuardian.com
Comments
Hottest News
Carlos Sainz 'open to' sensational McLaren F1 return
Carlos Sainz is considering making a shock return... Read More »
59m ago from GPFans.com
F1 News Today: Lewis Hamilton's Ferrari fury, F1 star slams...
Lewis Hamilton has shown frustration over... Read More »
1h ago from GPFans.com
Charles Leclerc reacts to incredible Ferrari statistic:...
Charles Leclerc has been around Ferrari for a... Read More »
1h ago from RacingNews365.com
