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Williams cuts annual loss roughly in half as revenue rises

Williams’s 2025 after-tax loss was roughly half its 2024 figure, as revenue rose and the team improved to fifth in the Formula 1 constructors’ standings.

Williams recorded a pre-tax loss of £19.644m for the year ending 31 December 2025, down from £42.251m in 2024. Its after-tax loss fell from £49.896m to £25.115m. RacingNews365 reported the figures from accounts lodged at Companies House.

Revenue rose by £64.2m to £243.976m, while gross profit increased from £72.576m to £93.809m. On track, Williams climbed from ninth to fifth in the constructors’ standings, with Carlos Sainz taking grand prix podiums in Azerbaijan and Qatar.

Williams director Matthew Savage said the remaining loss was in line with expectations and reflected continued investment. Cash reserves fell from £130.077m to £98.595m, while the team’s headcount rose by around 200 to 1,151.

Sources 01
  1. SOURCEWilliams halve financial loss after best F1 season for decadeRacingNews365 English · Source date as found: 2026-09-29
Source context

RacingNews365 reports the financial figures and Savage’s remarks from Williams’s Companies House filing.

Claims and supporting evidence 6
RacingNews365 reports that Williams recorded a £19.644 million pre-tax loss and a £25.115 million loss after tax for the financial year ending 31 December 2025. It reports corresponding 2024 losses of £42.251 million before tax and £49.896 million after tax.

This source finding must be read within the stated scope and source context. Williams’s reported annual financial results Financial years 2025 and 2024 The article attributes the figures to documents submitted to Companies House; those documents were not supplied separately.

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The reported after-tax loss fell by approximately 49.67%, not 50.32%; the 2025 amount is approximately 50.33% of the 2024 amount. The reported pre-tax loss fell by approximately 53.51%. Both comparisons support 'roughly halved,' but not the article’s exact percentage reduction.

This source finding must be read within the stated scope and source context. Arithmetic check on the reported loss comparison Comparison of financial years 2025 and 2024 These are calculations from RacingNews365’s figures, not an independent check of the filing.

[1]
RacingNews365 reports turnover of £243.976 million in 2025, versus £179.776 million in 2024, an increase of £64.2 million. It reports gross profit of £93.809 million in 2025, versus £72.576 million in 2024.

This source finding must be read within the stated scope and source context. Williams’s reported revenue and gross profit Financial years 2025 and 2024 These financial measures are reported by one outlet; the underlying accounts were not supplied.

[1]
The article reports that Williams finished fifth in the 2025 standings after ninth in 2024. It also reports two 2025 Grand Prix podiums for new signing Carlos Sainz, in Azerbaijan and Qatar, and a third-place finish in the United States Grand Prix Sprint.

This source finding must be read within the stated scope and source context. Williams’s on-track context for the financial comparison 2024 and 2025 Formula 1 seasons The article does not provide a separate standings or results record. Its description of 2025 as the team’s best on-track season since 2016 is the outlet’s assessment.

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RacingNews365 says greater Formula One Management prize money absorbed part of the loss, but supplies no amount for that change. It quotes Williams director Matthew Savage as saying the overall loss was expected and consistent with continued investment; that is Savage’s explanation, not proof of the investment’s future effects.

This source finding must be read within the stated scope and source context. Explanation offered for the financial result 2025 results and the director’s stated medium- and long-term strategy The prize-money contribution is not quantified. Savage’s statement is reproduced through RacingNews365 rather than from a separately supplied filing.

[1]
RacingNews365 reports cash reserves of £98.595 million in 2025, compared with £130.077 million in 2024, and a 2025 headcount of 1,151, around 200 higher than before.

This source finding must be read within the stated scope and source context. Other reported changes in Williams’s financial and staffing position 2025 compared with 2024 The article does not specify the measurement dates for the cash-reserve figures or the exact starting headcount.

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Corrections and updates to this story
05 Oct 2026, 23:35

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This article was produced with AI assistance. Source references make its supporting evidence traceable.