Williams F1 invoices PDVSA £29.4 million for 2012 season

LaPatilla.com has published an invoice sent by Williams F1 to PDVSA, on 12 September 2011, so that pay-driver Pastor Maldonado could continue with the team in 2012.

The amount requested for 2012 is £29,400,000, payable to Williams Grand Prix Engineering Limited's Barclay's bank account no. 00968277, sort code 20-01-09. Details of Williams VAT registration no. (GB 100 1901 88) and company no. (1297497) included in the invoice are correct.

According to Williams F1 profit & loss account made up to end 2010, the company had a turnover of some £91 millions, while reporting a profit of some £6 millions. Williams F1 carries losses of some £88 millions. Against these numbers, the £29.4 millions gotten from PDVSA seem like Williams F1 best deal ever, that's roughly a third of 2010's turnover right there. The amount shown in the invoice -payable for 2012- corresponds with the one detailed in the sponsorship contract between Williams F1 and PDVSA.

1 comment:

Roberto N said...

'Ta barato! Dame dos!

I can't wait to get the rug pulled out from under them.......