Posted on May 10, 2011
Williams F1 team has announced its results for the 2010 financial year and it shows that while the team’s turnover has shrunk from £108.3 million to £91 million – a drop of 8.5%, its profits increased by 28% from £4.5 million to £5.8 million. At the same time it has announced that it is collaborating with Jaguar, now owned by Tata Motors, on the hybrid supercar, C-X75. The team floated some of the shares on the Franfurt stock exchange in March, the method by which founder and engineering boss Patrick Head could make his exit. These have fluctuated quite a More…
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