The athlete weighs down the financier at Williams

The Department F1 de Williams thus generated a turnover of 60,7 million pounds sterling (67,8 million euros) in 2018 compared to 65,5 million pounds in 2017 (73,1 million euros). The gross operating surplus suffered a sharp drop from 10,1 million pounds (11,3 million euros) to only 200 pounds (000 euros) in 223 months.

« Our turnover and gross operating surplus declined in the first half of 2018; these results reflect the difficult financial environment in which we operate as an independent team, underlines Mike O'Driscoll, CEO of the Williams Group, which also includes an engineering department with better figures.

We are going through a complicated season which has required additional investments to reduce our performance deficit. On top of that, we had to focus our attention and resources on developing next year's car. (marked by significant aerodynamic changes, Editor’s note).

There continue to be significant budget gaps between the top teams and the rest of the grid with a definite impact on sporting results. However, we remain convinced that Liberty Media will be able to find solutions to ensure greater equality of opportunity for everyone. ».

Pending the hypothetical implementation of capped budgets by 2021, these sluggish accounts are not likely to immediately encourage Sir Frank Williams' team to modify its driver policy, more focused on the portfolio that the talent of the aspirants in recent seasons. The Grove team is currently 10th and last in the championship with 7 points.