News Details
Sainz and Norris take pay cut as McLaren curbs costs
Carlos Sainz and Lando Norris pic: McLaren Carlos Sainz Jr and Lando Norris have agreed to take a pay cut as McLaren looks to curb costs during the coronavirus pandemic. McLaren has confirmed a group of staff from its racing division have been furloughed. CEO Zak Brown and other senior management have taken pay cuts too. McLaren is the first team to publicly confirm they have had staff take temporary leave. “The McLaren Group is temporarily furloughing a number of employees as part of wider cost-cutting measures due to the impact of the COVID-19 pandemic on its business,” a McLaren spokesperson said. “These measures are focused on protecting jobs in the short-term to ensure our...
Full Story »
Full Story »
4y ago from SpeedCafe.com
0
You May Also Be Interested In...
Sainz, Norris take pay cuts as McLaren furloughs staff
McLaren Formula 1 drivers Carlos Sainz and Lando Norris have both agreed...
4y ago from MotorsportWeek.com
Sainz and Norris take pay cut as McLaren puts staff on...
Carlos Sainz and Lando Norris will see their 2020 retainer reduced as...
4y ago from F1i.com
McLaren drivers take pay cut as some staff handed...
McLaren drivers Lando Norris and Carlos Sainz are to take a pay cut as the...
4y ago from BBC.co.uk
McLaren F1 drivers take pay cut, staff furloughed
McLaren has become the first Formula 1 team to place its staff on...
4y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin vs Francesco Bagnaia: MotoGP title...
The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...
8h ago from MotorsportWeek.c...
Marquez feared his "time was over" in final...
No description available...
9h ago from Motorsport.com
How Martin can clinch the 2024 MotoGP title in the...
No description available...
10h ago from Motorsport.com
2024 MotoGP Barcelona Grand Prix – How to watch,...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
1d ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
5d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
2d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal looking to tie down key player to new...
No description available...
2h ago from SportsKeeda.com
Liverpool, Arne Slot Premier League favourites: Title...
Sports Mole examines the Premier League title race after Liverpool took a...
2h ago from SportsMole.co.uk
Manchester United and Liverpool among clubs seeking...
No description available...
2h ago from SportsKeeda.com
Arsenal star Gabriel Martinelli names Manchester...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 Commission green lights array of changes for 2025 and...
The FIA's Formula 1 Commission met in Geneva on... Read More »
47m ago from F1i.com
Fallows leaves as Aston Martin technical director
Dan Fallows is leaving his role as Aston Martin... Read More »
27m ago from espnF1.com
Pérez: I rejected 2 offers to leave Red Bull
Sergio Pérez said he rejected opportunities from... Read More »
27m ago from espnF1.com
