News Details

Racing Point: Leave for employees and drivers surrender salary voluntarily

According to the BBC, Racing Point is the third race stable in Formula 1 that has decided to send part of its staff on temporary leave. Journalist Andrew Benson will announce this on Monday afternoon via his Twitter channel. So the team of millionaire Lawrence Stroll also has to cut costs. One of the things the British formation wants to do is send staff home. How many employees are involved, has not (yet) been brought out. Earlier, McLaren and Williams announced that they would do the same. Read more Williams: 'Salary cut Russell and Latifi, staff put on leave' Lance Stroll and Sergio Perez, as drivers, are said to be giving up part of their salary on a voluntary basis. This type of...
Full Story »
3y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Williams puts employees on temporary leave amid...

Williams is the second F1 team after McLaren to put part of its staff on...
3y ago from F1i.com

Williams: 'Salary cut Russell and Latifi, staff put on...

Following in the footsteps of the McLaren team, Williams has now also...
3y ago from GPBlog.com

COVID-19: McLaren staff furloughed, drivers take pay...

McLaren became the first Formula 1 team to furlough staff because of the...
3y ago from GrandPrix247.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

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...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...

Popular On TotalWRC.com

Neuville pips Tänak in Safari opener

FIA World Rally Championship leader Thierry Neuville took a slender...
12h ago from MotorsportWeek.c...

Popular On GunnersToday.com

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.