Williams income up in 2018 despite poor F1 results

Figures announced on Friday showed that both the F1 team and its sister company Williams Advanced Engineering generated increased revenue compared to 2017, although EBITDA [earnings before interest, taxes, depreciation and amortisation] remained at similar levels for both.
Revenue at the F1 team was up from £125.6m to £130.7m, with earnings remaining stable at £16.0m.
The team earned ...Keep reading