28 Apr 2015

Williams suffering hangover from 2013

ALAN BALDWIN

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<b>WILLIAMS HOPING FOR BETTER DAYS: </b> Williams' driver Valtteri Bottas of Finland gets ready to take his car through its paces. <em> Image: AP / Andy Wong </em>

LONDON, England - The Williams Formula 1 team lost the equivalent of R770-million in 2014 but says it expects a significant improvement once it is over the lingering "hangover" of failure.

Chief executive Mike O'Driscoll said: "What we are reporting now is essentially a hangover."

The team's loss, with turnover of R1.3-billion, compared to a profit of R220-million and turnover of R1.9-billion in 2013.

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