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Williams F1 team suffered $161.6 million loss in 2023
F1 Grand Prix, GP Mexico, Autódromo Hermanos Rodriguez Williams have reported a huge financial loss in 2023, but the company’s financial director Matthew Savage confirmed that the company’s losses have increased compared with 2022, but it has not been surprising. Williams finished the 2023 F1 season in seventh place of the Constructors' Championship, having collected a total of 28 points and which was enough to beat their direct rivals AlphaTauri, Alfa Romeo and Haas. However, their financial position worsened compared to the 2022 season despite the more encouraging final position in the teams' standings. The Grove-based company recorded a net revenue of AUD $243.42 million...
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2h ago from F1Technical.net
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