News Details

Williams announces 25% income boost

Sir Frank Williams believes the results show "good progress" Sutton Images Enlarge The Williams Group has announced a 25% increase in income in its financial results from 2013. The Group, which includes the Williams F1 team, increased its overall income to £132.4m last year, up from £105.8m in 2012, while its Earnings Before Interest & Tax (EBIT) went from £5.1m to £12.0m. There was also a 26% rise for the Williams team itself, which it put down to a "special non-recurring sponsorship payment" - likely to relate to the sum believed to have been paid by Venezuelan oil company PDVSA to get out of its sponsorship deal to join Pastor Maldonado at Lotus. The team also...
Full Story »
1y ago from espnF1.com 0
Share

You May Also Be Interested In...

Williams increases income by 25%

Williams Grand Prix Holdings PLC (WGPH) has announced its financial...
1y ago from Crash.net

Williams issues 2013 financial results

Income increased by 25% to £132.4m (2012: £105.8m)Overall EBIT...
1y ago from Pitpass.com

Force India announces sponsorship deal with Smirnoff

Force India has announced a new sponsorship deal with leading vodka brand...
1y ago from RichlandF1.com

Hulkenberg pleased with Force India 'sacrifices'

Sahara Force India Nico Hulkenberg says that Force India is benefiting...
1y ago from F1Zone.net

Elsewhere On The Network

Popular On MotoGPToday.com

Lorenzo lashes out at Espargaro

Movistar Yamaha rider Jorge Lorenzo has slammed Pol Espargaro following...
5h ago from SuperSport.com

Pedrosa: “I had a strange feeling with the bike”

A wet Octo British Grand Prix saw Dani Pedrosa finish at the top Honda...
2h ago from MotoGP.com

Bautista: “I’d like to compliment whoever stopped...

Alvaro Bautista praises safety decisions at the Octo British Grand Prix...
3h ago from MotoGP.com

Iannone: “My bike was not easy to manage”

A wet and bumpy Silverstone circuit led to a disappointing race for...
2h ago from MotoGP.com

Popular On IndyCarToday.com

IndyCar: Dixon pockets $1 million bonus for winning...

Less than 24 hours after claiming the fourth Verizon IndyCar Series...
7h ago from Racer.com

Dixon’s cool seven-figure IndyCar bonus cheque

New Zealand superstar Scott Dixon has received a booty of prizes headed...
7h ago from SpeedCafe.com

Peerless Dixon beats Montoya to IndyCar crown

– For the fourth time in his storied career, Scott Dixon has won...
1d ago from GPUpdate.net

'A dream of mine to race at Le Mans,' says IndyCar...

Given the chance to race anywhere he wants in any type of car, new...
15h ago from Racer.com

Popular On TotalWRC.com

Al-Attiyah to return in 'fantastic' Skoda

Qatari confirms Spain in new Fabia R5
18h ago from WRC.com

Lefebvre handed second Citroen WRC outing

Stephane Lefebvre has been handed his second opportunity in the WRC with...
23h ago from Crash.net

F1 ace Jenson Button tests Mini and VW Beetle...

Formula 1 star Jenson Button tested rallycross cars at Lydden Hill today...
5d ago from Motorsport.com

Lefebvre's WRC return on Tour de Corse

Frenchman gets a second World Rally Car outing on asphalt
1d ago from WRC.com

Popular On GunnersToday.com

Breaking: Arsenal agree £45m deal to sign PSG forward...

Emirates Stadium side set to welcome in Ligue 1 goal-machine. Arsenal have...
4h ago from CaughtOffside.com

Pogba to Chelsea: Four Blues players under threat if...

Pogba to Chelsea – four players who could lose their place if he...
28m ago from CaughtOffside.com

[Image] Wenger sits with Cavani lookalike while...

Arsenal boss Arsene Wenger is reportedly in Paris judging by the number...
3h ago from AllArsenal.com

Sky Sports: French agent heads into London to complete...

A surprising deal has emerged involving us on deadline day with...
3h ago from AllArsenal.com

Comments

comments powered by Disqus

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.