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F1: Williams posts substantial losses

Formula 1

F1: Williams posts substantial losses

By alley - Apr 27, 2015, 5:01 AM ET

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...

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