Saturday, 22 January 2011

Williams considering stock flotation

Williams is considering the radical step of a public flotation in a bid to secure its long-term financial health, the team announced on Friday. After much speculation about the Grove-based outfit's financial health in recent months following the departure of a number of sponsors at the end of last year, the team has responded by mapping out its vision to help bolster its financial future. A statement from team principal Frank Williams said that a flotation on the stock market would be a boost, but would help ensure its long-term survival

Source: http://www.inracingnews.com/formula-one-news/f1-formula-one-news/williams-considering-stock-flotation/

Emmanuelle Vaugier Emmy Rossum Erica Leerhsen Erika Christensen

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