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 »
4y 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...
4y 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...
4y 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...
4y 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...
4y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
How MotoGP brakes work: Secrets of stopping a 220mph...
No description available...
20h ago from Motorsport.com
Ducati: Bastianini's COTA MotoGP podium an...
Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...
19h ago from MotorsportWeek.c...
Quartararo: Marquez's Honda exit "woke a lot of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Pourchaire to make IndyCar debut in Long Beach with...
Arrow McLaren has announced that the reigning Formula 2 champion Theo...
1d ago from MotorsportWeek.c...
Pourchaire to make IndyCar debut for Arrow McLaren
No description available...
1d ago from Motorsport.com
IndyCar's new Aeroscreen makes early debut at Long...
The NTT IndyCar Series will have teams fit a new version of the Aeroscreen...
2d ago from MotorsportWeek.c...
IndyCar rolling out new version of aeroscreen for Long...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Croatia: Neuville sets the pace to lead title...
No description available...
2h ago from Motorsport.com
Hyundai enacts contingency plan after WRC Kenya fuel...
No description available...
20h ago from Motorsport.com
WRC 2025 rules limbo creating “critical” situation...
No description available...
23h ago from Motorsport.com
Sebastian Ogier tops Croatia Rally shakedown
Sébastien Ogier announced his return to FIA World Rally Championship...
18h ago from MotorsportWeek.c...
Popular On GunnersToday.com
“I hope they don’t win” - Cristiano Ronaldo’s...
No description available...
27m ago from SportsKeeda.com
'Arteta’s Arsenal are in danger of becoming...
No description available...
3h ago from SportsKeeda.com
“They were frightened by Aston Villa” - Mark...
No description available...
2h ago from SportsKeeda.com
Wolverhampton Wanderers looking to prevent two Arsenal...
Wolverhampton Wanderers will be looking to prevent Arsenal from setting...
2h ago from SportsMole.co.uk
Comments
Hottest News
F1 Sprint Qualifying Results: Chinese Grand Prix 2024 times...
George Russell saved himself from an ignominious... Read More »
6h ago from GPFans.com
Alonso relieved with third in ‘stressful' F1 China...
Aston Martin Formula 1 driver Fernando Alonso... Read More »
57m ago from MotorsportWeek.com
Why Verstappen and Red Bull might only be third-best in...
Things did not go smoothly for Max Verstappen... Read More »
57m ago from RacingNews365.com
