The Williams Formula One team reported increased revenues in 2018, helped by an unspecified one-off item, despite enduring one of their worst seasons on the track.
The British-based team, the third most successful in the sport's history in terms of wins, said on Friday that financial performance had improved across both Formula One and Williams Advanced Engineering.
Group revenue increased to £176.5m (roughly R3.25bn), from a previous 166.2m. Earnings before interest, tax, depreciation and amortisation (ebitda) were £12.9m (roughly R238m) up from £10.8m in 2017.
The Formula One business generated revenue of £130.7m (roughly R2.4bn) compared to a previous £125.6m (roughly R2.3bn) with ebitda unchanged at £16m (R295m).
Williams said the one-off item was non-recurring, but gave no details.
They have an all-new line-up this season with Mercedes-backed British rookie George Russell and Poland's Robert Kubica replacing Canadian Lance Stroll and Russian Sergey Sirotkin.
Stroll has joined Racing Point, the former Force India team now controlled by his billionaire father Lawrence, and taken a number of sponsors with him.