News Details
Williams furloughs staff as management and drivers take pay cut
Williams has confirmed that it has furloughed 'some' of its staff, following in the footsteps of the McLaren Formula 1 team. Like McLaren, its senior management and its drivers, George Russell and Nicholas Latifi, have also agreed to take a pay cut in an effort to reduce costs for the team. 'Due to the ongoing situation involving Covid-19, ROKiT Williams Racing is temporarily furloughing a number of employees as part of a wider range of cost-cutting measures,' the team confirmed in a brief statement. 'The furlough period will last until the end of May whilst senior management, and our drivers, have taken a pay cut of 20% effective from 1st April. 'These decisions have not been taken...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Russell and Latifi take pay cuts, Williams furlough...
Williams drivers George Russell and Nicolas Latifi have taken 20% pay...
5y ago from GPFans.com
Coronavirus in Formula 1: Williams drivers take pay...
Williams have put a number of staff on furlough and given their drivers...
5y ago from BBC.co.uk
COVID-19: McLaren staff furloughed, drivers take pay...
McLaren became the first Formula 1 team to furlough staff because of the...
5y ago from GrandPrix247.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
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders say controversial tyre pressure rules...
No description available...
5h ago from Motorsport.com
Details emerge on Marc Marquez rejecting Honda's...
The details of Honda’s proposed colossal contract extension offer to...
9h ago from MotorsportWeek.c...
Jorge Martin to return to Spain on Saturday on a...
No description available...
6h ago from Motorsport.com
Aleix Espargaro “more like a cyclist than a MotoGP...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
1h ago from MotorsportWeek.c...
Scott McLaughlin fastest as speeds top 232mph in Day 2...
No description available...
35m ago from Motorsport.com
Larson, Sato crash in high-boost Indy 500 test session
The second day of IndyCar’s Indy 500 open test opened with qualifying...
6h ago from MotorsportWeek.c...
Kyle Larson hits wall, crashes during Indy 500 open...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
FIA: No plan to change WRC Rally1 rules for 2026 amid...
No description available...
5h ago from Motorsport.com
Fourmaux reacts to support from WRC rivals amid FIA...
No description available...
8h 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...
1d ago from MotorsportWeek.c...
Malcolm Wilson nominated as new FIA deputy...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Man United 'to hold key transfer meeting' as deal for...
Manchester United will allegedly meet with Wolverhampton Wanderers next...
5h ago from SportsMole.co.uk
'I could be wrong, but I’m wrong quite rarely' -...
Paris Saint-Germain (PSG) head coach Luis Enrique has hailed midfielder...
6h ago from SportsKeeda.com
Report: Arsenal striker target would prefer to join...
Arsenal will look to sign a new top-level striker this summer, with new...
6h ago from CaughtOffside.com
Barcelona transfer news: Al-Hilal 'preparing £235m...
Saudi Pro League giants Al-Hilal are reportedly preparing a mouthwatering...
7h ago from SportsMole.co.uk
Comments
Hottest News
Insiders tip imminent retirement for Hamilton
Apr.24 A surprise contender to potentially snap... Read More »
13h ago from OneStopStrategy.com
Daniel Ricciardo is 'great' at one thing other drivers hate
Formula 1 star Oscar Piastri's mum Nicole Piastri... Read More »
3h ago from GPFans.com
F1 News Today: Hamilton quit fears as legend suffers...
Formula 1 legend Lewis Hamilton has been tipped... Read More »
1h ago from GPFans.com
