News Details

Williams was sold for EUR 152 million

Aug.24 Buying the Williams team cost the British team's new owners EUR 152 million, according to Bloomberg. Having slumped to the very back of the field last year, the Grove based team announced last Friday that it has been acquired by private investment firm Dorilton Capital. "This may be the end of an era for Williams as a family owned team, but we know it is in good hands," said team boss Claire Williams. Bloomberg reports that New York-based Dorilton Capital paid EUR 152 million for Williams, with EUR 112 million of that finding its way into the hands of shareholders after subtracting debt and transaction costs. Leo Turrini, an Italian F1 insider, said the deal is "the...
Full Story »
Share

You May Also Be Interested In...

$2.7-million Mercedes Project One first 275 units sold...

Mercedes have released footage of the stunning Mercedes-AMG Project ONE...
5y ago from GrandPrix247.com

New era for Williams as they're sold to American...

The Williams Grand Prix Formula 1 team has new owners, after being sold...
5y ago from FormulaSpy.com

Wolff: I sold the Williams shares but I got them back

Toto Wolff is the reluctant owner of Williams shares after he was...
5y ago from GrandPrix247.com

Williams F1 sold to US-based investment group Dorilton...

You’ll recall that Williams F1 was looking for strategic investment...
5y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Romain Grosjean returns to IndyCar with full time seat...

Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

The big three Man City characters Neville says Arsenal...

Man City "need something really special" to topple Arsenal in...
1h ago from SkySports.com

Arsenal v Wigan Athletic: FA Cup fourth round – live

FA Cup news from the 4.30pm GMT kick-off in London<br>⚽ <a...
2h ago from TheGuardian.com

'Cracking save to make up for the mistake' | Raya...

David Raya made a poor throw out to Mathias Jensen which caused immediate...
1h ago from SkySports.com

Brentford 1-1 Arsenal: Rate the players!

No description available...
1h 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.