Williams Grand Prix Holdings PLC (WGPH, Ticker: WGF1) today announced the Groups results for the year ended 31 December 2011. WGPH is the holding company of the Williams group of companies, which includes Williams Grand Prix Engineering Limited and Williams Hybrid Power Limited.
On a like for like basis the core business, which combines the traditional Formula One business and diversification using our Formula One derived IP, has seen turnover increase from £90.8m to £102.3m, and EBIT increase from £8.2m to £9.8m. This has driven an overall Group turnover of £104.5m (2010: £91m) and an EBIT increase of 20.6% to £7.6m.
Chairman Adam Parr said: The Group has enjoyed a strong performance over the last 12 months, in spite of continuing difficulties in the global economy. Our 2011 Annual Report shows strong results and our current cash position is excellent. At 29th February 2012, the Group held net cash of £29.2 million. We can therefore look ahead with confidence. We have made a number of new technical appointments that will strengthen our performance in Formula One and we are delighted with our new partnerships with Renault in Formula One and Jaguar on the C-X75 hybrid supercar project. Our new business developments across Williams Hybrid Power, Williams Advanced Engineering and the Williams Technology Centre Qatar are delivering promising results.
Williams announces increased turnover and profit for 2011
- Published on 09 Mar 2012 10:45
-
0
- By: Rob Veenstra
.
Trending news
-
Former Ferrari driver fears Hamilton has broken Leclerc's confidenceCharles Leclerc is facing a crisis of confidence at Ferrari, according to former Scuderia driver René Arnoux, ...
23 Jun 2026 12:15 -
Why Vowles believes both drivers will commit to struggling WilliamsJames Vowles has declared his confidence that Carlos Sainz and Alex Albon will remain with Williams through 2027, eve...
23 Jun 2026 15:20 -
Bortoleto says Audi chassis strong but engine costs over a second per lapGabriel Bortoleto has delivered a candid assessment of Audi's first season as a Formula 1 factory team, revealing...
23 Jun 2026 16:22 -
Why Cadillac is standing firmly behind Sergio PérezSergio Pérez is receiving strong backing from Cadillac team principal Graeme Lowdon, who has praised the Mexic...
23 Jun 2026 14:19 -
Why Antonelli refuses to be called 'the new Senna'Andrea Kimi Antonelli has pushed back against early comparisons to Ayrton Senna, despite a strong rookie campaign wit...
23 Jun 2026 13:17
Azerbaijan Grand Prix
Local time
-
Friday
Saturday
Sunday
Azerbaijan Grand Prix
Local time
-
Friday
-
Saturday
-
Sunday
-
Friday
-
Saturday
-
Sunday
Test calendar
Circuit de Catalunya - Winter testing
-
Jan 26
I. Hadjar
- 1:18.159
-
-
-
Jan 27
M. Verstappen
- 1:19.578
-
-
-
Jan 28
A. Antonelli
- 1:17.362
-
-
-
Jan 29
G. Russell
- 1:16.445
-
-
-
Jan 30
L. Hamilton
- 1:16.348
-
-
Bahrain International Circuit - Winter testing
-
Feb 11
L. Norris
- 1:34.669
-
-
-
Feb 12
C. Leclerc
- 1:34.273
-
-
-
Feb 13
A. Antonelli
- 1:33.669
-
-
Bahrain International Circuit - Winter testing
-
Feb 18
G. Russell
- 1:33.459
-
-
Feb 19
A. Antonelli
- 1:32.803
-
-
Feb 20
C. Leclerc
- 1:31.992
-
-
World Championship standings 2026
Pos
Driver
Team
Points
Pos
Team
Points
Related news
Give your opinion!
Formula 1 Calendar - 2026
Date
Grand Prix
Circuit
-
Spain
-
Bahrain
-
Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
-
Spain
Circuit de Catalunya
-
Bahrain
Bahrain International Circuit
-
Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
Team profile
- Team name Williams
- Base Grove, Oxfordshire, United Kingdom
- Jacques Villeneuve 1
- Logan Sargeant 2
- Ayrton Senna 2
- Jacques Villeneuve 3
- Nicholas Latifi 6
- Jacques Villeneuve 6
- Nico Rosberg 7
- Nico Hülkenberg 10
- Nico Rosberg 10
- Jenson Button 10
- Pastor Maldonado 12
- Pastor Maldonado 16
- Nico Rosberg 16
- Nico Rosberg 16
- Valtteri Bottas 17
- Lance Stroll 18
- Pastor Maldonado 18
- Felipe Massa 19
- Alexander Albon 23
- Sergey Sirotkin 35
- Nyck de Vries 45
- Carlos Sainz jr 55
- George Russell 63
- Valtteri Bottas 77
- Robert Kubica 88
- 161,368 comments on Williams
39 members have this team as their favourite
Tweets about Williams
Replies (0)
Login to reply