News Details

Williams confirms income increase of 25%

Williams Grand Prix Holdings PLC (WGPH) has announced its annual financial results for 2013, confirming that its income increased by 25%. The group confirmed that its overall income rose from £105.8 million in 2012 to £132.4 million last year, with Earnings Before Interest and Tax (EBIT) rising from £5.1 million to £12 million. This contrasts with 2012′s results, where WGPH registered a loss before tax of £5 million. Within the 2013 figures, the Formula 1 team's income increased by 26% from £86.4 million to £108.5 million, which they put down to a 'special non-recurring sponsorship payment'. This relates to Pastor Maldonado and his backer PDVSA's departure before the end of...
Full Story »
2y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Williams announces income increase

Williams Martini Racing Williams Grand Prix Holdings has announced an...
2y ago from F1Zone.net

Williams increases income by 25%

Williams Grand Prix Holdings PLC (WGPH) has announced its financial...
2y ago from Crash.net

Williams announces 25% income boost

Sir Frank Williams believes the results show "good progress"...
2y ago from espnF1.com

Williams issues 2013 financial results

Income increased by 25% to £132.4m (2012: £105.8m)Overall EBIT...
2y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Lowes closes gap to Aprilia MotoGP regulars at Misano...

Sam Lowes has finished his third test aboard the Aprilia RS-GP MotoGP bike...
6h ago from BikeSportNews.com

Dovizioso injured at Misano test

Ducati Team rider Andrea Dovizioso will be hoping to be fit for MotoGP's...
21h ago from SuperSport.com

MotoGP: Smith calls for open class reform

Bradley Smith has called for a reform of MotoGP’s open class system,...

Rossi enjoys new chassis

Following testing in Brno, Valentino Rossi is excited about the new Yamaha...
1d ago from SuperSport.com

Popular On IndyCarToday.com

INDUSTRY: IMS hires new marketing vp

The Indianapolis Motor Speedway announced today that Matt Mindrum will...
17h ago from Racer.com

INDYCAR: Three cars in scary pit lane crash

Alexander Rossi, Charlie Kimball, and Helio Castroneves walked away from...
2d ago from Racer.com

Miami to Host Next Race of Champions early in 2017

The Annual Race of Champions will return early next year in Miami. It...
15h ago from TheCheckeredFlag...

Robin Miller's Mailbag for August 24, presented by...

Page 1 of 3 Q: As a diehard Ryan Hunter-Reay fan, I must admit a sense of...
1d ago from Racer.com

Popular On TotalWRC.com

Lappi breaks silence over Toyota rumours

Talks have taken place at Toyota's rally base
1d ago from WRC.com

Teams want China as a candidate rally in 2017

Multi-million pound losses caused by the cancellation of Rally China have...
22h ago from EuroSport.com

Germany driver report: part 1

Advertising Jari-Matti Latvala (VW Polo R) Result: 48thLatvala's rally...
1d ago from WRC.com

Takale/Sherif gets top 10 finish in Asian...

Sanjay Takale and co-driver Musa Sherif endured a difficult outing in...
1d ago from Motorsport.com

Popular On GunnersToday.com

Trending: Chelsea's Batshuayi nets brace;...

Allowing two goals to League One outfit Bristol Rovers will give Antonio...
5h ago from ESPNFC.co.uk

Who's still short of signings?

just one week left of the transfer window, we look at what Premier League...
5h ago from ESPNFC.co.uk

Mustafi to Arsenal update: Defender told in Valencia...

GETTY Shkodran Mustafi played 42 games in all competitions for Valencia...
8h ago from Express.co.uk

Comments

Hottest News

Rosberg on ‘safety freak' Hamilton

As their fight for the Championship title resumes... Read More »
5h ago from PlanetF1.com

Vandoorne says he could leave McLaren

Stoffel Vandoorne says that if he doesn't race... Read More »
2h ago from ThisIsF1.com

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.