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 »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Maldonado paid Williams $25 million to end contract
Pastor Maldonado A $25 million contract termination payment from Pastor...
9y ago from GrandPrix247.com
Maldonado paid $25m to leave Williams
A $25 million termination payment from Pastor Maldonado's sponsor helped...
9y ago from GrandPrix.com
Williams drives back into the black
Formula One team Williams returned to profit last year, despite a poor...
9y ago from SuperSport.com
'Bernie paid to avoid £1.2bn tax bill'
In a month when Bernie Ecclestone is in the spotlight for unwanted...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
10h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
14h ago from Motorsport.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
1d ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
1h ago from MotorsportWeek.c...
McLaughlin issues statement following St. Pete...
No description available...
1h ago from Motorsport.com
Full-time IndyCar move “an option” says supersub...
No description available...
4h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
12h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
15h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
13h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'When we're bad we're really bad': Pochettino laments...
No description available...
4h ago from TheGuardian.com
Chelsea Transfer News Roundup: Blues identify Mauricio...
No description available...
5h ago from SportsKeeda.com
Arsenal Transfer News Roundup: Gunners in talks for...
No description available...
6h ago from SportsKeeda.com
'Watched 5 minutes of yesterday's Arsenal game and...
No description available...
7h ago from SportsKeeda.com
Comments
Hottest News
Ferrari announce DRASTIC change as Verstappen issues dire...
Roses are red, violets are blue, and now Ferrari... Read More »
4h ago from GPFans.com
Mercedes Faces Strategic Overhaul as Hamilton Departs for...
Speaking on The Chequered Flag Podcast,... Read More »
3h ago from Formula1News.co.uk
Alex Albon Mocks David Croft as ‘Boring Old Man'
During a light-hearted interaction at the Chinese... Read More »
3h ago from Formula1News.co.uk