News Details
Losing a team would be 'a big setback' for F1
Apr.7 Two more teams have joined McLaren in furloughing employees amid the coronavirus pandemic. "The furlough period will last until the end of May whilst senior management, and our drivers, have taken a pay cut of 20 percent effective from 1 April," backmarker Williams announced. It is part of a British government scheme that pays employees 80 percent of their wages for a period. It is understood that Racing Point is following suit, as is the Liberty Media-run Formula 1 organisation. Haas is also believed to be considering a furlough. F1 CEO Chase Carey and sporting boss Ross Brawn have cut their salaries by 20 percent, the Daily Mail reports, with half of Formula One...
Full Story »
Full Story »
5y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Williams joins McLaren in furloughing F1 staff
Williams have become the second Formula 1 team to officially confirm it...
5y ago from Crash.net
Sainz, Norris take pay cuts as McLaren furloughs staff
McLaren Formula 1 drivers Carlos Sainz and Lando Norris have both agreed...
5y ago from MotorsportWeek.com
Williams puts employees on temporary leave amid...
Williams is the second F1 team after McLaren to put part of its staff on...
5y ago from F1i.com
Former McLaren boss helps fight coronavirus
Former McLaren boss Ron Dennis helps in the fight against the...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
2d ago from MotorsportWeek.c...
How Aprilia believes it “overreached our target”...
No description available...
2d ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
4d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
5d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
4d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
11h ago from Motorsport.com
What Elfyn Evans was missing in his 2025 WRC title...
No description available...
10h ago from Motorsport.com
Sebastien Ogier wins 9th WRC title, Thierry Neuville...
Sebastien Ogier won his ninth WRC title in Saudia Arabia and Vincent...
16h ago from MotorsportWeek.c...
WRC Saudi Arabia: Thierry Neuville wins chaotic...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Chelsea vs Arsenal Prediction and Betting Tips | 30th...
The Premier League features a high-profile match between two of England's...
8h ago from SportsKeeda.com
“They are doing very well, but we haven't faced them...
Chelsea star Moises Caicedo has boldly said that his side can do well...
13h ago from SportsKeeda.com
Chelsea ready to break rival hearts with move for...
Chelsea are reportedly interested in the Arsenal youngster Myles...
16h ago from CaughtOffside.com
Arsenal and Man United told how much they need to pay...
Arsenal and Manchester United will have to fork out £75 million to sign...
15h ago from CaughtOffside.com
Comments
Hottest News
Adjusted 2025 F1 Qatar Grand Prix starting grid after...
Check out the adjusted starting grid for the 2025... Read More »
6h ago from RacingNews365.com
Lewis Hamilton hints at underlying Ferrari issues other...
Lewis Hamilton has suggested areas of... Read More »
7h ago from MotorsportWeek.com
Ferrari F1 star Charles Leclerc becomes a boomer after...
Ferrari F1 star Charles Leclerc has shed light on... Read More »
6h ago from GPFans.com
