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 »
Full Story »
3y ago from SkySports.com
0
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
Pramac's Morbidelli still "missing freedom"...
No description available...
4h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
9h ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
9h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
2h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
20h ago from Motorsport.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...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Kenya president pushing for longer WRC Safari Rally
No description available...
41m ago from Motorsport.com
How WRC Rally1 teams embraced the return of the...
No description available...
2h ago from Motorsport.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
2h ago from MotorsportWeek.c...
Kenya launches motorsport academy to nurture future...
No description available...
6h ago from Motorsport.com
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
'Going to be decided by what happens in the big...
No description available...
1h ago from SportsKeeda.com
'It's a team that deserves to be at the top' - Gael...
No description available...
1h ago from SportsKeeda.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
Top manufacturer takes HUGE step towards F1 return
A top manufacturer has taken a significant step... Read More »
6h ago from GPFans.com
Vettel CONFIRMS F1 comeback and reveals what's holding it up
Ever since Lewis Hamilton made the shock... Read More »
1h ago from GPFans.com
Allison opens up on primary flaw of Mercedes W15
Mercedes technical director James Allison says... Read More »
2h ago from F1i.com