News Details

Williams sells hybrid element of the business

Williams sells hybrid element of the business 1 April, 2014 Press Release: Williams Grand Prix Holdings PLC is pleased to announce today the sale of Williams Hybrid Power Limited from Williams' subsidiary, Williams Grand Prix Engineering Limited, to GKN Land Systems Limited in a multi-million pound transaction. This will see Williams Hybrid Power rebranded as GKN Hybrid Power. GKN has agreed to purchase the whole of the issued share capital of Williams Hybrid Power Limited from Williams Grand Prix Engineering Limited. Under the terms of the transaction, Williams Grand Prix Engineering Limited will also receive additional consideration based on future sales and licences of the flywheel...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

One Year Rewind – 'Multi-21 Seb, Multi-21″

Last year’s Malaysian Grand Prix was one of the most controversial...
10y ago from RichlandF1.com

Switch to Mercedes power was not a fluke decision for...

Claire Williams and Toto Wolff in Melbourne Deputy team principal Claire...
10y ago from GrandPrix247.com

Power-unit problems persist at Lotus

The Lotus F1 Team encountered more problems with the new Renault V6 Turbo...
9y ago from RichlandF1.com

Renault confident most issues are fixed

Red Bull/Getty Images Renault believes that the majority of problems that...
10y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

F1 owner Liberty Media set to finalise purchase of...

Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...

Popular On TotalWRC.com

Neuville pips Tänak in Safari opener

FIA World Rally Championship leader Thierry Neuville took a slender...

Popular On GunnersToday.com

Crunch time: Easter games that have shaped the Premier...

the sharp end of the season fast approaches, here are four classic matches...
6h ago from TheGuardian.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.