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Williams F1 see profits rise and diversification strategy gain momentum

ingenie works with Williams F1 Team to bring F1 technology to road cars and improve driver safety.

This week, Williams Grand Prix Holdings have announced their financial results for the last six months. Net profit increased to £6.6 million from £1.9 million with a turnover of £74.3 million, an increase of 57% on the previous year.

Williams F1

Sir Frank Williams - Team Principle - was optimistic about the results.

Williams is at a very exciting stage in its history and these promising results are indicative of this. We have made good progress on track this year, thanks in part to a new technical team, which has seen us pick up our first win in eight years.
Sir Frank Williams - Team Principal

Williams Grand Prix Holdings is the holding company of the Williams group of companies, which includes Williams Grand Prix Engineering Limited and Williams Hybrid Power Limited.

Sir Frank added:

Our diversification strategy is also gaining momentum, positioning us as a leader in the development of cutting edge technology in areas such as sustainability and safety.
Sir Frank Williams - Team Principal