News Details

McLaren drivers take pay cuts, some staff furloughed

McLaren have become the first Formula 1 team to furlough some staff because of the coronavirus, while drivers Carlos Sainz and Lando Norris are joining senior management in taking pay cuts. "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 statement read. "These measures are focused on protecting jobs in the short-term to ensure our employees return to full-time work as the economy recovers." The furlough period is for two months until the end of May, said a McLaren spokesperson. Staff unaffected by the furlough will work on reduced pay for...
Full Story »
3y ago from SkySports.com 0
Share

You May Also Be Interested In...

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

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
3y ago from GPFans.com

Norris and Sainz take pay cuts as McLaren furlough...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
3y ago from GPFans.com

Sainz and Norris take pay cut as McLaren puts staff on...

Carlos Sainz and Lando Norris will see their 2020 retainer reduced as...
3y ago from F1i.com

Norris, Sainz take pay cuts as McLaren furlough staff

Lando Norris and Carlos Sainz will both be taking a pay cut as McLaren...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

F1 owner Liberty Media set to finalise purchase of...

Formula 1 owner Liberty Media are in talks to buy Madrid-based company...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
23h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Neuville pips Tänak in Safari opener

FIA World Rally Championship leader Thierry Neuville took a slender...

Popular On GunnersToday.com

Crunch time: Easter games that have shaped the Premier...

the sharp end of the season fast approaches, here are four classic matches...
2h ago from TheGuardian.com

Key Manchester City duo miss training ahead of Arsenal...

Manchester City train without defenders Kyle Walker and John Stones ahead...
31m ago from SportsMole.co.uk

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.