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Williams posts $67m loss despite revival
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Williams posts $67m loss despite revivalWilliams has revealed another heavy annual loss, even as the historic team celebrates progress on and off the track.
Revenue, however, rose sharply by $67.6m to $243.2m, though soaring administrative expenses of $238.3m left the bottom line unchanged.
Despite the financial pain, the team sits fifth in the standings after Carlos Sainz's recent podium - a milestone Alex Albon described as validation for the rebuilding project.
It's more just a validation - to Grove and to everyone that we're on the up, he said.
I would never have said at the beginning of 2025 we would score a podium - and almost on pace as well.