News Details

Williams increases income by 25%

Williams Grand Prix Holdings PLC (WGPH) has announced its financial results for 2013, with income increased by 25%. The company's income grew from £105.8m in 2012 to £132.4m in 2013, thanks largely to what WGPH describes as “a special non-recurring sponsorship payment, which drove an increase in Formula One income to £108.5m (2012: £86.4m)”. It is likely that it relates to the departure of Pastor Maldonado and his backer PDVSA before the end of Williams' sponsorship deal with the Venezuelan oil company. Williams was also able to boast an overall profit of £12.0m before interest and tax, up £6.9m compared to 2012. The figures do not take in to account the sale of the Williams...
Full Story »
3y ago from Crash.net 0
Share

You May Also Be Interested In...

Force India set to unveil Smirnoff sponsor deal

Force India is due to announce a major new sponsor in the form of Smirnoff...
3y ago from TheF1Times.com

Force India announces sponsorship deal with Smirnoff

Force India has announced a new sponsorship deal with leading vodka brand...
3y ago from RichlandF1.com

Slavica Ecclestone's not-so-secret £10m payment to...

An investigation by the BBC has apparently revealed that Formula One boss...
3y ago from Pitpass.com

Force India announces Smirnoff sponsorship deal

Smirnoff will replace Sahara on Force India's sidepod Force India...
3y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Thailand MotoGP test times - Sunday (11am)

The final day of the second official pre-season test, and MotoGP's debut...
2h ago from Crash.net

Thailand MotoGP test times - Sunday (10am)

The final day of the second official pre-season test, and MotoGP's debut...
3h ago from Crash.net

Thailand MotoGP test times - Sunday (12pm)

The final day of the second official pre-season test, and MotoGP's debut...
1h ago from Crash.net

Thailand MotoGP Test - Sunday LIVE!

MotoGP is making its debut in Thailand this weekend as the second of...
4h ago from Crash.net

Popular On IndyCarToday.com

Danica Patrick confirms Ed Carpenter drive for 102nd...

Danica Patrick's Indianapolis 500 swansong already had the green...

Is the 2018 Indy 500 field already full?

In the absence of bumping, the drama these past few Mays has been IndyCar...
2d ago from Racer.com

Schmidt 90 percent on third Indy 500 entry

Sam Schmidt expects to have three Honda-powered entries on the grid for...
1d ago from Racer.com

Danica Patrick has a ride for the 2018 Indy 500, but...

Danica Patrick will officially say goodbye to racing at this year's...

Popular On TotalWRC.com

Neuville extends Rally Sweden lead

Thierry Neuville added to his Rally Sweden lead on Saturday afternoon's...
14h ago from EuroSport.com

Sweden WRC: Neuville pulls clear of Breen, Meeke out

Thierry Neuville added to his Rally Sweden lead on Saturday afternoon's...
15h ago from Motorsport.com

SS9: Gear glitch for Neuville

SS9: Gear glitch for Neuville Rally Sweden leader Thierry Neuville hit...
22h ago from WRC.com

Neuville holds lead in icy Rally of Sweden

Belgian driver Thierry Neuville negotiated the snow and ice to hold onto...
17h ago from SuperSport.com

Popular On GunnersToday.com

Arsenal will have to bid in excess of £25m to sign...

Arsenal are reportedly said to be eyeing a fresh attempt to sign...
1h ago from ArsenalFever.com

'I'm not convinced', 'Fabulously talented player' -...

Would Mesut Ozil walk in to Tottenham's best XI? Our writers have their...

'Why did we sell' – Arsenal fans beg for £18m...

Arsenal fans have taken to social media to hammer Arsene Wenger for...
14h ago from CaughtOffside.com

Paul Merson slams Arsenal trio: No zipped, no bang, no...

Paul Merson slams Arsenal trio: No zipped, no bang, no movement PAUL...
12h ago from DailyStar.co.uk

Comments

Hottest News

Launch analysis: Williams FW41

Williams have recently unveiled their new FW41 in... Read More »
17h ago from F1Technical.net

Wolff sees 'serious' threat from McLaren and Renault

Mercedes boss Toto Wolff believes that McLaren... Read More »
13h ago from F1i.com

First Pictures: 2018 Williams F1 car FW41 launched

WILLIAMS F1 Team has revealed a first look of its... Read More »
2d 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.