News Details
Haas follows suit - initiates furlough of staff
The Haas F1 team has conformed to the general trend in F1, placing most of its staff in the UK on furlough while drivers Romain Grosjean and Kevin Magnussen have taken pay cuts. In the face of the global coronavirus crisis, F1 has delayed indefinitely the start of its 2020 season, forcing the sport and the teams to endure an economic downturn. Williams completes refinancing process with consortium of lenders McLaren, Racing Point, Renault and Williams have subsequently placed part of their personnel on a temporary leave, with Haas becoming the fifth team to follow suit. However, the Banbury-based outfit will receive - like its rival teams - the support of the UK government in conformity...
Full Story »
Full Story »
You May Also Be Interested In...
'Alfa Romeo fourth F1 team to send staff on furlough'
In recent weeks, three F1 teams (McLaren, Williams and Racing Point) have...
4y ago from GPBlog.com
Renault follows rivals with staff furlough at Enstone
Renault has put the majority of its Enstone staff on a temporary leave in...
4y ago from F1i.com
Renault furlough's ‘vast majority' of staff
Renault is the latest team to take measures to mitigate the financial...
4y ago from TheParcFerme.com
Haas the latest F1 team to furlough its UK staff
The Haas Formula 1 Team has become the latest outfit to furlough its...
4y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia: Misano MotoGP crash ‘out of...
Ducati’s Francesco Bagnaia says that his crash at his home MotoGP race...
1h ago from MotorsportWeek.c...
Bagnaia: “Strange” Michelin rear tyre didn’t...
No description available...
1h ago from Motorsport.com
Why it’s time for Martin to get his gloves off in...
No description available...
26m ago from Motorsport.com
Popular On IndyCarToday.com
FBI descend on Rahal Letterman Lanigan Racing base
According to multiple reports, the Federal Bureau of Investigation (FBI)...
2d ago from MotorsportWeek.c...
Rahal Letterman Lanigan investigated by the FBI: What...
No description available...
3d ago from Motorsport.com
Felipe Drugovich granted IndyCar test with Chip...
2022 FIA Formula 2 World Champion Felipe Drugovich has landed an NTT...
2d ago from MotorsportWeek.c...
2022 F2 champ Drugovich testing with Ganassi later...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Inside the WRC’s search for its next Michele Mouton
No description available...
2d ago from Motorsport.com
WRC selects women’s driver development programme...
No description available...
4d ago from Motorsport.com
No pressure on Pajari after surprise Toyota Rally1...
No description available...
1w ago from Motorsport.com
Latvala: Toyota needs three full-time WRC drivers in...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Guardiola names area Arsenal are 'stronger' than City,...
Manchester City manager Pep Guardiola has admitted that Arsenal are...
56m ago from CaughtOffside.com
“The two best teams in the country” - Gary Neville...
No description available...
8h ago from SportsKeeda.com
Rodri injury: What is Man City's record without star...
Sports Mole takes a closer look at Man City's record without star...
1h ago from SportsMole.co.uk
Arsenal working to beat Real Madrid in race to sign...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Ricciardo F1 career NOT over as opportunities prepare to...
It wasn’t quite so obvious in Singapore, but... Read More »
1h ago from GPFans.com
Horner reveals shock Red Bull driver TARGET amid poor Perez...
Christian Horner has admitted a ‘foolish’ Red... Read More »
5h ago from GPFans.com
Norris reacts to Ricciardo’s fastest lap after McLaren...
Lando Norris did not secure an extra point for... Read More »
1h ago from RacingNews365.com
