News Details
COVID-19: McLaren staff furloughed, drivers take pay cut
McLaren became the first Formula 1 team to furlough staff because of the coronavirus on Wednesday, with drivers Lando Norris and Carlos Sainz joining senior management in taking a pay cut. The sportscar maker said in a statement the temporary three-month wage reduction was part of wider cost-cutting measures due to the impact of the pandemic on its business. “These measures are focused on protecting jobs in the short-term to ensure our employees return to full-time work as the economy recovers,” McLaren added. A team spokesman emphasised that 100-150 staff from across the group who were working on a “VentilatorChallengeUK” project were not included in the measure. The group,...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
McLaren drivers take pay cut as some staff handed...
McLaren drivers Lando Norris and Carlos Sainz are to take a pay cut as the...
5y ago from BBC.co.uk
McLaren F1 drivers take pay cut, staff furloughed
McLaren has become the first Formula 1 team to place its staff on...
5y ago from Crash.net
Norris and Sainz take pay cuts as McLaren place staff...
Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
5y ago from GPFans.com
Quarantined McLaren staff now back home
The McLaren staff forced into quarantine in Melbourne due to the...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
22m ago from Motorsport.com
Liberty Media can’t follow its F1 play to boost...
No description available...
19h ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
1d ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
4d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
4d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
5d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1h ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
1d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Euro giants end pursuit of 25-year-old...
Jakub Kiwior’s future at Arsenal remains uncertain as FC Porto have...
3h ago from CaughtOffside.com
Sources: Arsenal lead defender chase amid fierce...
Arsenal are making early moves in the race to sign highly rated French...
4h ago from CaughtOffside.com
Fabio Vieira set for Stuttgart? Young French defender...
Morning. I just woke from a dream that I had the job of Sporting Director...
4h ago from Arseblog.com
Arsenal vs Villarreal Prediction and Betting Tips |...
Arsenal resume their pre-season tour with another club friendly this week...
15h ago from SportsKeeda.com
Comments
Hottest News
Axed F1 boss 'set to BUY' grand prix team
A former F1 team boss is getting ready to buy a... Read More »
32m ago from GPFans.com
Brundle: 'Painful to observe’ Hamilton locked in Ferrari...
Sky F1’s Martin Brundle has laid bare the bleak... Read More »
1h ago from F1i.com
Why Fernando Alonso is ‘concerned' by Aston Martin...
Fernando Alonso revealed why it is... Read More »
2h ago from MotorsportWeek.com
