News Details

Williams shows profit despite tough 2013 season

Williams shows profit despite tough 2013 season 3 May, 2014 Williams Formula 1 team returned to profit last year, despite a poor season on the track for the former world champions, helped by a one-off payment from outgoing sponsor PDVSA. State-owned Venezuelan oil company PDVSA paid out for an early termination of its sponsorship deal when driver Pastor Maldonado left Williams for Lotus at the end of last season. That payment helped Williams, the only Formula One team with a stock market listing, to increase revenues to 132 million pounds ($223 million) in 2013, from 106 million the previous year. The group, which is developing an engineering business to commercialize its racing...
Full Story »
1y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Maldonado paid Williams $25 million to end contract

Pastor Maldonado A $25 million contract termination payment from Pastor...
1y ago from GrandPrix247.com

Maldonado paid $25m to leave Williams

A $25 million termination payment from Pastor Maldonado's sponsor helped...
1y ago from GrandPrix.com

Williams drives back into the black

Formula One team Williams returned to profit last year, despite a poor...
1y ago from SuperSport.com

'Bernie paid to avoid £1.2bn tax bill'

In a month when Bernie Ecclestone is in the spotlight for unwanted...
1y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi: ‘The bike is more beautiful without the...

Valentino Rossi has admitted that while he’s also not convinced about...

Stoner: Carbon frame Ducati best bike in 2009

"When we had the carbon frame in 2009, I believe we had the best bike...
5h ago from Crash.net

Marquez confirms merchandising split with VR46

Marc Marquez's management has confirmed that Valentino Rossi's VR46 Racing...
6h ago from Motorsport.com

Marquez brothers part ways with VR46 Racing Apparel

Marc and Alex Marquez’s management agency have this morning officially...

Popular On IndyCarToday.com

MILLER: IndyCar's rookie problem

A year ago Sage Karam (LEFT) visited IndyCar's Media Day as a full-time...
36m ago from Racer.com

Andretti could field Frijns in IndyCar

– Michael Andretti says it is "very possible" that...
2h ago from GPUpdate.net

'Very possible' Robin Frijns will make Andretti...

Andretti Autosport team boss Michael Andretti has revealed that it is...

INDYCAR: Andretti - 'It's killing me not having a win'

The pressure of living up to his legendary last name has always dogged...
4d ago from Racer.com

Popular On TotalWRC.com

Weather forces Sweden route revamp

Melting snow and ice threatened the season’s only pure winter rally as...
2h ago from WRC.com

Østberg cleans up in Finnskog

M-Sport driver untouchable in home country warm-up
4h ago from WRC.com

Rally Sweden could be cancelled due to high...

The organisers of Rally Sweden have announced that the 2016 edition of the...
8h ago from Motorsport.com

Rally Sweden under threat due to warm temperatures

Rally Sweden has been plunged into doubt due to warmer conditions and rain...
5h ago from Crash.net

Popular On GunnersToday.com

Arsenal snap up scout Ben Wrigglesworth from Premier...

Arsenal snap up scout Ben Wrigglesworth from Premier League leaders...
3h ago from DailyMail.co.uk

Top 10 wingers in FIFA 16 Career Mode

A list comprising of top 10 wingers in FIFA 16 career mode.
3h ago from SportsKeeda.com

Premier League review: Hector Bellerin's brilliance is...

Why on earth did Chelsea sign Pato? Drinkwater deserves England...
4h ago from Telegraph.co.uk

Arsecast Extra Episode 105 – 08.02.2016

Welcome to another Arsecast Extra with myself and James from @Gunnerblog....
5h ago from Arseblog.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.