News Details
Williams considering sale of Formula 1 team
Williams is considering the possibility of selling its once-dominant but now struggling Formula 1 team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday. The company published annual results showing F1 revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year. “The WGPH board is undertaking a review of all the various strategic options available to the company,” it said. “Options being considered include, but are not limited to, raising new capital for the business, a divestment of a minority stake in WGPH or a divestment of a majority stake in WGPH including a potential sale of the whole...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
Williams considering F1 team sale after £13 million...
Williams Racing is considering a partial or full sale of its Formula 1...
4y ago from TheCheckeredFlag....
Williams considers sale - terminates ROKiT sponsorship!
Williams Grand Prix Holdings is considering a partial or full sale of its...
4y ago from F1i.com
Williams considers sale of struggling F1 team
Williams is considering a sale of its once-dominant but now struggling...
4y ago from espnF1.com
Stark figures for McLaren are a sign of the times
Formula 1 team owners McLaren saw group revenues reverse from 284 million...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez tops Barcelona MotoGP test as Marc makes...
No description available...
13h ago from Motorsport.com
Marquez completes first laps on factory Ducati in...
No description available...
18h ago from Motorsport.com
Mir on Honda's lack of new parts in Barcelona MotoGP...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar hopefuls complete test day at Thermal Club
Six different drivers completed a private test day at The Thermal Club on...
6h ago from MotorsportWeek.c...
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
10h ago from MotorsportWeek.c...
Arrow McLaren and Team Principal Gavin Ward part ways
No description available...
13h ago from Motorsport.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
18h ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
4d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
West Ham could have £27.5m failure back for major...
West Ham and Niclas Fullkrug is a relationship that has yet to get going...
7h ago from CaughtOffside.com
Newcastle 'idol' Bruno Guimaraes addresses Man City...
Newcastle United 'idol' Bruno Guimaraes responds to speculation linking...
10h ago from SportsMole.co.uk
Official announcement soon: latest Man City update is...
Pep Guardiola has agreed a contract extension with Man City which will see...
7h ago from CaughtOffside.com
Spurs 'join' Arsenal in race to sign La Liga star...
Tottenham Hotspur reportedly join rivals Arsenal in the race to sign a La...
9h ago from SportsMole.co.uk
Comments
Hottest News
Perez Red Bull future takes SHOCK twist as Ricciardo...
Sergio Perez’s Red Bull future could take a... Read More »
6h ago from GPFans.com
Verstappen makes debut in Honda hypercar: Here are the...
Max Verstappen is fast in anything that has four... Read More »
7h ago from GPBlog.com
MotoGP reveals new identity ahead of Liberty Media's...
Hot on the heels of the nail-biting... Read More »
5h ago from F1Technical.net
