News Details

Williams joins McLaren in furloughing F1 staff

Williams have become the second Formula 1 team to officially confirm it has put employees into furlough to reduce its costs during the coronavirus crisis. Last week, McLaren became the first team to furlough a number of staff with all UK-based teams given opportunity to by the national government who will pay 80% of the wages of each employee during the shutdown. Williams hasn’t disclosed how many staff have been put into furlough, with all employees affected thought to be connected to the race team, but did confirm it will last for two months. Senior management and drivers George Russell and Nicholas Latifi have taken a 20% pay cut in line with furlough measures. “Due to the ongoing...
Full Story »
4y ago from Crash.net 0
Share

You May Also Be Interested In...

McLaren first F1 team to furlough staff

Apr.2 McLaren is the first Formula 1 team to officially furlough most of...
4y ago from OneStopStrategy.com

Norris, Sainz take pay cuts as McLaren furlough staff

Lando Norris and Carlos Sainz will both be taking a pay cut as McLaren...
4y ago from PlanetF1.com

Norris and Sainz take pay cuts as McLaren place staff...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
4y ago from GPFans.com

Norris and Sainz take pay cuts as McLaren furlough...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
4y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Doug Boles named IndyCar President in leadership...

The NTT IndyCar Series announced on Tuesday morning that longtime...

Andretti Global shows off new liveries for 2025...

Andretti Global has revealed a trio of new liveries for the team’s cars...

Power sets goal of five move competitive years in...

Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.