News Details
Haas has placed its UK staff into furlough
The Haas F1 team also announced cost-cutting measures by placing the majority of its UK staff into furlough amid the financial difficulties caused by the ongoing coronavirus pandemic. After McLaren, Williams, Racing Point and Renault announced earlier that they were furloughing the majority of their staff, Haas also confirmed to Formula1.com that the vast majority of their UK staff has been put on leave. Romain Grosjean and Kevin Magnussen are believed to have taken salary reduction as well. Key personnel at Haas’s UK base at Banbury will continue to work, but they have also taken reduced salaries. UK companies receive a significant financial support from the government as it pays 80°of...
Full Story »
Full Story »
4y ago from F1Technical.net
0
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 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
Haas become fifth F1 team to furlough staff
US-owned F1 team Haas have decided to furlough most of their British-based...
4y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
The seven-day lead time at Michelin that made the...
No description available...
1h ago from Motorsport.com
Marquez set to ride both Ducati GP25 and GP24 bikes in...
No description available...
3h ago from Motorsport.com
Jorge Martin vs Francesco Bagnaia: MotoGP title...
The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...
1d ago from MotorsportWeek.c...
How Martin can clinch the 2024 MotoGP title in the...
No description available...
1d 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...
3d 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
Robert Lewandowski receives tempting offer to leave...
No description available...
29m ago from SportsKeeda.com
Martin Zubimendi: Man City to give Real Sociedad 'a...
Manchester City are reportedly going to give Real Sociedad 'a long and...
19m ago from SportsMole.co.uk
Director sets date to leave current club as Arsenal...
Real Sociedad director Roberto Olabe is reportedly leaving the club at the...
1h ago from CaughtOffside.com
Manchester United ready to offer 23-year-old star as...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 team announce MAJOR signing for 2025
A Formula 1 team have announced a major signing... Read More »
59m ago from GPFans.com
Ferrari announce new major F1 sponsor
Ferrari has put pen to paper on a new major F1... Read More »
3h ago from RacingNews365.com
HUGE Monaco Grand Prix decision made as F1 announce...
Formula 1 has made an official announcement... Read More »
1h ago from GPFans.com
