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 »
5y 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...
5y 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...
5y 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...
5y 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...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: “It’s clear you need a V4 to be...
No description available...
3h ago from Motorsport.com
Pedro Acosta ‘has to have the best' MotoGP bike...
Pedro Acosta's manager, Albert Valera, suggests he “will look for other...
1h ago from MotorsportWeek.c...
Alex Marquez leads the field following Jerez MotoGP...
Gresini Ducati Alex Marquez topped the timesheets in the first MotoGP...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
13h ago from Motorsport.com
Scott McLaughlin fastest as speeds top 232mph in Day 2...
No description available...
14h ago from Motorsport.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
15h ago from MotorsportWeek.c...
Larson, Sato crash in high-boost Indy 500 test session
The second day of IndyCar’s Indy 500 open test opened with qualifying...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Malcolm Wilson’s FIA calling and swearing...
No description available...
2h ago from Motorsport.com
FIA: No plan to change WRC Rally1 rules for 2026 amid...
No description available...
19h ago from Motorsport.com
Fourmaux reacts to support from WRC rivals amid FIA...
No description available...
22h ago from Motorsport.com
M-Sport chief Malcolm Wilson nominated as FIA deputy...
Malcolm Wilson, OBE, and founder of title-winning WRC outfit M-Sport, has...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal have already had a close look at ideal 20 G/A...
Arsenal need a new striker this summer and everyone knows it, so did...
35m ago from CaughtOffside.com
Report: Arsenal rival Liverpool for transfer of Real...
Arsenal are reportedly ready to rival Liverpool for Real Madrid star...
2h ago from CaughtOffside.com
Sources claim Chelsea are set to be offered Arsenal...
Chelsea are reportedly set to be offered an exciting potential transfer...
3h ago from CaughtOffside.com
Fabrizio Romano reveals Arsenal star 'assessing all...
Fabrizio Romano has confirmed the reports that Arsenal have had a change...
4h ago from CaughtOffside.com
Comments
Hottest News
New F1 track unveiled ahead of 2026 debut
A brand-new Formula 1 circuit has been unveiled... Read More »
45m ago from RacingNews365.com
McLaren F1 boss fuels SILLY SEASON with driver transfer hint
McLaren Formula 1 boss Zak Brown has raised a few... Read More »
4h ago from GPFans.com
Lewis Hamilton returns to London as Ferrari crisis deepens
The storm clouds are gathering at Maranello as... Read More »
6h ago from GPFans.com