News Details

Haas become fifth F1 team to furlough staff

US-owned F1 team Haas have decided to furlough most of their British-based team due to the coronavirus pandemic. They are the fifth F1 side to do so, following McLaren, Williams, Racing Point and Renault already furloughing staff, meaning half of the grid has now announced such measures. Seven of the 10 teams are based in the UK, with champions Mercedes and Red Bull the only two yet to confirm any salary reductions. Haas drivers Kevin Magnussen and Romain Grosjean are also believed to have agreed a pay cut, according to the official F1 website. The team told the F1 website that key personnel will continue to work, but also at a reduced salary. Haas also has staff in the US and Italy. Under...
Full Story »
5y ago from SkySports.com 0
Share

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...
5y ago from GPBlog.com

Renault furlough most of UK-based staff

Renault have confirmed that most of their UK-based workers have been...
5y ago from PlanetF1.com

Renault furlough's ‘vast majority' of staff

Renault is the latest team to take measures to mitigate the financial...
5y ago from TheParcFerme.com

Salary cuts for Formula 1 bosses and furlough for half...

The fallout from COVID-19 has struck the upper echelons Formula 1 with...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez secures Assen MotoGP Sprint victory

Marc Marquez secured an impressive MotoGP Sprint race victory in Assen...

Popular On IndyCarToday.com

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal preparing to offer 40 million for...

Arsenal are reportedly interested in signing the Barcelona midfielder Marc...
50m ago from CaughtOffside.com

Exclusive: Arsenal resume negotiations over 50m winger...

Arsenal are looking to sign a new winger this summer, with the likes of...
2h ago from CaughtOffside.com

Bukayo Saka tells Tottenham transfer target to join...

Arsenal attacker Bukayo Saka has reportedly told Eberechi Eze to join the...
2h ago from SportsKeeda.com

Ex-Arsenal star among 7 Ajax players banned from...

Ajax have reportedly banned seven players, including former Arsenal star...
2h ago from SportsKeeda.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.