Williams posts impressive financial results for 2013

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Williams has recorded a 25% increase in income in 2013 as the team continues to bounce back from a difficult few years towards the back of the grid.

Despite its on-track fortunes hitting a new low last season as Valtteri Bottas and Pastor Maldonado could muster just five points in 20 races, off-track financial figures were very impressive as the group’s revenue increased by some $43m to $223m.

Much of this increase was stimulated by “a special non-recurring sponsorship payment” – big-bucks oil giant PDVSA’s pay-out in order to end its sponsorship deal early and move with Venezuelan driver Pastor Maldonado to Lotus for 2014.

However, the team’s fortunes have also been aided by an improvement on-track at the beginning of the new season, with Felipe Massa and Valtteri Bottas both scoring some good points in the first four races. Furthermore, the arrival of Martini as a new title sponsor has aided any financial qualms that there may have been, as well as rejuvenating the image of the British outfit.

“Although 2013 was a difficult season for the team on the race track, we report these full year results at a time of much optimism for the Williams Group,” founder Sir Frank Williams said. “We have started the 2014 Formula 1 season well and hope we can continue to improve our performance.

“We made good progress commercially through the winter months and Williams continues to attract an enthusiastic and very loyal group of partners and fans. These annual results demonstrate that we continue to manage our business in a fiscally responsible way and provide the foundation from which we can continue to grow.”

The team has confirmed that its operations in Qatar have now closed, with the staff who had been working in the Middle East returning back to the UK.

Williams has an important place in the history of Formula 1, and from the neutral angle, it was rather heartbreaking to see it struggle so greatly last season. However, the sun certainly appears to be shining at Grove now, and one can only hope that this continues into the future.

Ken Roczen signs with HEP Progressive Ecstar Suzuki for 2023

Roczen Progressive Ecstar Suzuki
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ANAHEIM, California – Ken Roczen will make the move from HRC Honda to H.E.P. Motorsports with the Progressive Ecstar Suzuki team, ending a long and eventful offseason that saw his split from his longstanding team after he committed to running World Supercross (WSX).

“H.E.P. Motorsports is thrilled to announce that the team has signed Ken Roczen as its premier rider for the 2023 season,” the team announced on Instagram. “Former AMA Motocross champion Roczen will be aboard a Suzuki RM-Z450. Roczen, who won his most recent championship on a Suzuki, will be reunited with the brand and bring his exciting style, determination, and grit back to the RM Army.

“Ken Roczen will compete in the upcoming 2023 Supercross and Motocross Championship series which is set to start on January 7 at Anaheim Stadium in Southern California.”

For Roczen, it is a return to the bike of his youth and on which he had some of his greatest professional success.

“This thing has been going on for weeks and weeks and weeks in the making, but there was so much uncertainty,” Roczen told NBC Sports during Monster Energy Supercross Media Sessions. “It was a very unique situation. I just finally signed two nights ago, so it’s really only legit once the ink hits the paper. It’s been in the works for a long time, but there were just a lot of questions and a lot of input from a lot of other teams too.

“Good things take time, and I’m okay with that. I grew up riding Suzuki. Ot’s like a homecoming. It’s a special feeling”

Roczen won the 2016 Lucas Oil Pro Motocross Championship on a Suzuki before making the move to Honda. That year he won nine of 12 Nationals and finished no worse than second as he easily outpaced Eli Tomac by 86 points. He finished third in his next Pro Motocross outing in 2018 after sitting out the outdoor season in 2017.

“I am beyond excited to reconnect with Suzuki for the 3rd time in my career. We’ve had a lot of success in the past and I’m looking forward to seeing what we can accomplish together in our future.” Roczen said in the Instagram post.