News Details

Renault furloughs majorty of staff, Group CEO takes pay cut

Renault has confirmed that the ‘vast majority’ of its Formula 1 personnel at Enstone have been furloughed as a consequence of the coronavirus pandemic. Renault splits its operations across Enstone, in the United Kingdom, and Viry-Chatillon, in France. Both factories are currently observing shutdown periods in line with the guidelines set out by the FIA in response to the pandemic. On Friday Renault confirmed that the bulk of its staff at Enstone have been furloughed until at least the end of May. Under the UK Government’s Job Retention Scheme the state is liable for 80 per cent of staff salaries, up to £2,500 per month; Renault has confirmed that it will top up any shortfalls to...
Full Story »
Share

You May Also Be Interested In...

F1 factories longer in shutdown because of COVID-19

The FIA confirmed this earlier today on their website. The factories of...
5y ago from GPBlog.com

Renault to partially or totally reduce activities at...

Renault Sport Racing today announced measures to partially or totally...
5y ago from GrandPrix247.com

Hamilton didn't get mad at Wolff: 'That's total...

Toto Wolff suspects that it will be several months before the Formula 1...
5y ago from GPBlog.com

Vasseur: 'It's important that you have a decent car...

Because the factories of all Formula 1 teams are at a standstill, there...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez quickest in first MotoGP practice at...

Distant championship leader Marc Marquez continued his dominance by...

Popular On IndyCarToday.com

PREMA adapting European approach to better suit IndyCar

PREMA has nearly completed its first season fielding a pair of entries in...
21h ago from MotorsportWeek.c...

NASCAR Trucks to join IndyCar for St. Petersburg race...

The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...

Popular On TotalWRC.com

Popular On GunnersToday.com

29 G/A star tipped to attract Liverpool, Arsenal...

Aston Villa attacking midfielder Morgan Rogers has been tipped to attract...
50m ago from CaughtOffside.com

Collymore's column: Eberechi Eze, Alexander Isak...

In his exclusive column for CaughtOffside, former Liverpool striker Stan...
2h ago from CaughtOffside.com

'Makes a lot of sense' – Collymore reacts to...

In the last 48 hours, Arsenal have beaten north London rivals Tottenham to...
2h ago from CaughtOffside.com

£45m bid prepared: Crystal Palace to attempt hijack...

Crystal Palace are reportedly preparing to launch a transfer bid worth a...
4h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.