News Details

Williams drives back into the black

Formula One team Williams 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 commercialise its racing technology, reported an operating profit of 12 million pounds, a...
Full Story »
3y ago from SuperSport.com 0
Share

You May Also Be Interested In...

Williams announces income increase

Williams Martini Racing Williams Grand Prix Holdings has announced an...
3y ago from F1Zone.net

Williams increases income by 25%

Williams Grand Prix Holdings PLC (WGPH) has announced its financial...
3y ago from Crash.net

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

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

Elsewhere On The Network

Popular On MGPToday.com

NTS: taking on the Moto2 big guns in 2018

NTS is an aerospace and marine engineering company which will move from...
1h ago from BikeSportNews.com

Jerez MotoGP test: Wednesday times and results

Times and results from Wednesday's MotoGP test at Jerez
17h ago from BikeSportNews.com

Valencia MotoGP test: Yamaha have a lot of work do,...

Rossi believes Yamaha have got to come up with something new to fix their...
1w ago from BikeSportNews.com

Redding ‘expected easier switch’ to Aprilia at...

Redding spent two days getting used to Aprilia's MotoGP RS-GP but admits...
6d ago from BikeSportNews.com

Popular On IndyCarToday.com

The Week in IndyCar, Nov. 22, with Michael Shank

Michael Shank joins Marshall Pruett as guest host of the #WeekinIndyCar...
18h ago from Racer.com

Robin Miller's Mailbag for November 22, presented by...

Page 1 of 4 Welcome to the Robin Miller Mailbag as presented by Honda...
1d ago from Racer.com

Patrick to close career with Daytona, Indy in 2018

Danica Patrick broke down in tears as she confirmed 2017 was her last...
5d ago from Racer.com

Penske inks extension for Pagenaud sponsor DXC...

The black, white, and silver colors of DXC Technology will remain on...
1d ago from Racer.com

Popular On TotalWRC.com

Citroen explains why Ogier talks failed

Citroen says it could not match Sebastien Ogier's other offers for the...
21h ago from EuroSport.com

Australia debrief: Part One

Australia debrief: Part One WRC Gala Awards complete, we rewind to last...
18h ago from WRC.com

Tanak admits he lost title shot chasing wins

Toyota-bound M-Sport driver Ott Tanak has admitted focusing too much on...
2d ago from EuroSport.com

Video special: WRC Gala Awards

Presentations, reactions and a bright pink Hummer
1d ago from WRC.com

Popular On GunnersToday.com

Arsene Wenger changing his tune?

Morning all. Just a point tonight will be enough to secure top spot in...

Lionel Messi blocks 20m Barcelona signing in January,...

Mesut Ozil has been linked with a January move to Barcelona in cut-price...
3h ago from CaughtOffside.com

5 players Manchester United might sign in January

Manchester United had a busy 2017/18 summer transfer window. Early in the...
4h ago from SportsKeeda.com

Transfer Talk: Giovanni Van Bronckhorst eyed as Arsene...

Van Bronckhorst, 42, took over at Feyenoord in 2015. The Feyenoord boss...
7h ago from ESPNFC.co.uk

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.