News Details

McLaren F1 drivers take pay cut, staff furloughed

McLaren has become the first Formula 1 team to place its staff on furlough during the coronavirus crisis with drivers Carlos Sainz and Lando Norris taking a pay cut. Some members of McLaren’s workforce will now observe an enforced period of absence from the team, while those who remain at work will have their salaries reduced. Sainz and Norris agreed to take the same pay reduction as the other members of staff. F1 teams are discussing how best to protect themselves amid the ongoing COVID-19 pandemic, with concerns rising over how teams will be affected financially by the uncertainty caused. McLaren has subsequently decided to act by becoming the first team to take steps in a bid to...
Full Story »
5mo ago from Crash.net 0
Share

You May Also Be Interested In...

McLaren drivers take pay cut as some staff handed...

McLaren drivers Lando Norris and Carlos Sainz are to take a pay cut as the...
5mo ago from BBC.co.uk

Norris and Sainz take pay cuts as McLaren place staff...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
5mo ago from GPFans.com

'Difficult' for drivers to accept pay cuts amid crisis...

Jenson Button believes it would be "difficult" for the sport's...
5mo ago from F1i.com

Vettel offered new deal with drastic pay cut

Sebastian Vettel has been handed his first new contract offer from...
5mo ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Tank Slappers Podcast: MotoGP Emilia Romagna GP review

Maverick Vinales became the sixth different winner in the 2020 MotoGP...
1h ago from AutoSport.com

Mir's Misano podium run 'overconfidence' from maiden...

Suzuki's Joan Mir says his back-to-back Misano podiums have come after...
1h ago from AutoSport.com

Espargaro ‘shocked’ to grab Misano podium after...

KTM’s Pol Espargaro says he was “fighting so hard” to keep Fabio...

Popular On IndyCarToday.com

McLaughlin details ‘whirlwind’ IndyCar race week...

Scott McLaughlin has detailed what the week leading up to his IndyCar...
16h ago from SpeedCafe.com

Team Penske reveals McLaughlin livery for IndyCar debut

Team Penske has revealed the livery with which Scott McLaughlin will run...
3d ago from SpeedCafe.com

Popular On TotalWRC.com

2020 Rally Turkey: Evans Takes Second Win of Season...

Elfyn Evans now has a 18 points advantage over Sebastien Ogier after he...

Evans takes points lead after Rally Turkey victory

Elfyn Evans won a mad Rally Turkey on Sunday afternoon to reclaim the...
23h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal and Chelsea in talks over SHOCK swap deal...

Arsenal and Chelsea could reportedly be about to do some business...
4h ago from CaughtOffside.com

Runar Alex Runarsson poised for swift Arsenal debut...

Arsenal should announce the signing of Icelandic goalkeeper Runar Alex...
5h ago from DailyStar.co.uk

Mikel Arteta: 'No talks with Alexandre Lacazette over...

Arsenal first-team manager Mikel Arteta has confirmed that the club are...
4h ago from SportsMole.co.uk

Reports: Atletico Madrid interested in Arsenal...

Varun Totadri FOLLOW TOP CONTRIBUTOR Modified 21 Sep 2020, 19:33 IST News...
3h ago from SportsKeeda.com

Comments

Hottest News

The Hulk pops the question in Venice!

While he's actively working on returning to the... Read More »
7h ago from F1i.com

Vettel does not choose Ricciardo: "Even though he was...

Sebastian Vettel competed in Formula 1 against... Read More »
11h ago from GPBlog.com

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.