News Details
Furloughing McLaren F1 staff essential to protect team’s future
McLaren’s “difficult” decision to place its Formula 1 staff on furlough was essential to protect the team’s future, according to Andreas Seidl. Earlier this month, McLaren became the first F1 team to implement a range of cost-saving measures which included furloughing some of its staff, while drivers Carlos Sainz and Lando Norris agreed to take voluntary pay cuts. Teams are facing increased financial strain due to the ongoing COVID-19 crisis, which has led to the opening nine races of the 2020 F1 season being postponed or cancelled. “On our side there’s a reason why we made this decision, as I said before it’s not clear yet and it’s simply impossible to know exactly what...
Full Story »
Full Story »
You May Also Be Interested In...
Seidl cautions on restarting F1 too soon
McLaren’s Andreas Seidl has weighed in on Formula 1’s current dilemma....
6y ago from TheParcFerme.com
Haas follows suit - initiates furlough of staff
The Haas F1 team has conformed to the general trend in F1, placing most...
6y ago from F1i.com
Haas the latest F1 team to furlough its UK staff
The Haas Formula 1 Team has become the latest outfit to furlough its...
6y ago from MotorsportWeek.com
Haas next to furlough most of UK staff
Haas have become the fifth Formula One team to place most of their...
6y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo feeling “heartbroken” by gap to...
No description available...
5h ago from Motorsport.com
Pedro Acosta perplexed by Hungary pace advantage: “I...
No description available...
5h ago from Motorsport.com
Marc Marquez feeling “worse” in Hungary after...
No description available...
6h ago from Motorsport.com
Pedro Acosta sets fastest time in second Hungarian...
Pedro Acosta continued to showcase his immense pace at the Balaton Park...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How to watch IndyCar 2026 at WWT Raceway: Weekend...
No description available...
11h ago from Motorsport.com
Romain Grosjean confirms surgery on right hand after...
No description available...
1d ago from Motorsport.com
IndyCar Officiating goes public with new post-event...
No description available...
1d ago from Motorsport.com
Detailed officiating transparency reports coming to...
IndyCar Officiating announced on Thursday that a new transparency...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
14h ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
2d ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal make contact for 80m attacker as battle with...
William Gomes has been linked with a move away from Porto in recent weeks,...
5h ago from CaughtOffside.com
'I already knew how to do the rest' - Ex-Manchester...
Former Manchester United star Antony has opened up on the advice he got...
10h ago from SportsKeeda.com
Walcott: Arteta is going to continue to dominate
'I think he is just going to continue to dominate. I do,' says Theo...
13h ago from SkySports.com
Bayern Munich ready to avoid Arsenal gamble, confirms...
Bayern Munich reportedly still have Gabriel Martinelli on their transfer...
11h ago from CaughtOffside.com
Comments
Hottest News
Flavio Briatore says "the price was too high" of...
Flavio Briatore arrived in Formula 1 with... Read More »
41m ago from GrandPrix247.com
Fernando Alonso reveals Aston Martin might not be able to...
Two-time F1 champion Fernando Alonso has voiced... Read More »
2h ago from GPFans.com
McLaren fined after Lando Norris stoppage during Monaco FP2
McLaren were fined 30,000, after a rules breach... Read More »
41m ago from GrandPrix247.com
