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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...
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