News Details

Sainz and Norris take pay cut as McLaren curbs costs

Carlos Sainz and Lando Norris pic: McLaren Carlos Sainz Jr and Lando Norris have agreed to take a pay cut as McLaren looks to curb costs during the coronavirus pandemic. McLaren has confirmed a group of staff from its racing division have been furloughed. CEO Zak Brown and other senior management have taken pay cuts too. McLaren is the first team to publicly confirm they have had staff take temporary leave. “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 spokesperson said. “These measures are focused on protecting jobs in the short-term to ensure our...
Full Story »
5y ago from SpeedCafe.com 0
Share

You May Also Be Interested In...

Sainz, Norris take pay cuts as McLaren furloughs staff

McLaren Formula 1 drivers Carlos Sainz and Lando Norris have both agreed...
5y ago from MotorsportWeek.com

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

Carlos Sainz and Lando Norris will see their 2020 retainer reduced as...
5y ago from F1i.com

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...

Popular On GunnersToday.com

Arsenal vs Kairat Prediction and Betting Tips |...

Arsenal take on Kairat at home in their final UEFA Champions League league...
6h ago from SportsKeeda.com

“Put that on my name!” - Tottenham star insists...

Tottenham Hotspur midfielder Dejan Kulusevski has maintained that Arsenal...
8h ago from SportsKeeda.com

Player ratings: Arsenal 2-3 Manchester United

Arsenal crashed to a 3-2 defeat against Manchester United on Sunday...
10h ago from FreshArsenal.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.