The Williams Formula 1 team has made a profit of more than $5.276 million during the first half of 2016, according to its latest financial results.Williams took a bit hit financially to improve its competitive standing in F1 in 2014, but returned to profitability at the start of this season...

Judging from its financial report, the Williams Formula 1 team's plan is working.After close to a decade of abject misery, it took a punt in 2013 and decided to invest heavily in its F1 operation for '14. It knew that would likely lead to increased losses for the year, but...

The Williams Formula 1 team has declared an improvement in its latest financial figures.Williams Grand Prix Holdings PLC, the holding company of the Williams group of companies, which includes Williams Grand Prix Engineering Limited, has released its interim results for the six months to June 30. In comparison to the...

Williams has reported that its Formula 1 team lost £42.5 million ($64.3m) last year, as its entire group lost £34.3 million ($51.9m).Although the team enjoyed its best season for years in 2014, finishing third in the constructors' championship, increased costs in F1 and its poor results from '13 meant its...