Sir Frank Williams
May 2

Formula 1: Williams finding financial stability

Williams has already scored 36 points after the first four F1 races in 2014. In 2013, the team only accumulated 5 points all season. (Photo: Getty Images)

Williams has already scored 36 points after the first four F1 races in 2014. In 2013, the team only accumulated 5 points all season. (Photo: Getty Images)

Williams has announced an improved financial performance in its 2013 annual results.

The group’s overall income increased from £105.8m ($178.3m) to £132.4m ($223.4m), with an EBIT of £12.0m ($20.3m), up from £5.1m ($8.6m). Within those figures, the income of the F1 division rose from to £86.4m ($145.8m) to £108.5m ($183.1).

Nov 11

F1: Williams Finalizes Driver Line-Up — Welcomes Felipe Massa

F1: Williams Finalizes Driver Line-Up — Welcomes Felipe Massa

Felipe Massa of Brazil will drive for Williams F1 Team in 2014. (Photo: Getty Images)

The Williams F1 Team is delighted to announce that Felipe Massa will join the team to drive alongside Valtteri Bottas for the 2014 FIA Formula One World Championship season. The new line-up reflects Williams’ determination to bring success back to the team.