News Details
Williams furloughs staff as management and drivers take pay cut
Williams has confirmed that it has furloughed 'some' of its staff, following in the footsteps of the McLaren Formula 1 team. Like McLaren, its senior management and its drivers, George Russell and Nicholas Latifi, have also agreed to take a pay cut in an effort to reduce costs for the team. 'Due to the ongoing situation involving Covid-19, ROKiT Williams Racing is temporarily furloughing a number of employees as part of a wider range of cost-cutting measures,' the team confirmed in a brief statement. 'The furlough period will last until the end of May whilst senior management, and our drivers, have taken a pay cut of 20% effective from 1st April. 'These decisions have not been taken...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Russell and Latifi take pay cuts, Williams furlough...
Williams drivers George Russell and Nicolas Latifi have taken 20% pay...
5y ago from GPFans.com
Coronavirus in Formula 1: Williams drivers take pay...
Williams have put a number of staff on furlough and given their drivers...
5y ago from BBC.co.uk
COVID-19: McLaren staff furloughed, drivers take pay...
McLaren became the first Formula 1 team to furlough staff because of the...
5y 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...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin comeback win earns praise from fellow...
No description available...
7h ago from Motorsport.com
MotoGP United States GP: Schedule and full starting...
No description available...
7h ago from Motorsport.com
"Zero regrets," says Joan Mir after last-lap...
No description available...
10h ago from Motorsport.com
Marc Marquez penalised for Fabio di Giannantonio clash...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Alessandro de Tullio breaks through for first Indy NXT...
No description available...
2h ago from Motorsport.com
Will Power crashes in Barber qualifying but believes...
No description available...
20h ago from Motorsport.com
Alex Palou earns IndyCar pole at Barber
Saturday afternoon at Barber Motorsports Park was devoted to IndyCar...
22h ago from MotorsportWeek.c...
Alex Palou beats Malukas to Barber pole after tight...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
Subaru teases new rally car for Japanese Championship
No description available...
3d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
3d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
6d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal midfielder becomes 11th Gunners star to...
Arsenal midfielder Martin Zubimendi has become the 11th Gunners star to...
54m ago from SportsKeeda.com
Latest Arsenal injury news as another Gunners star...
There has been yet another Arsenal player withdrawing from international...
5h ago from CaughtOffside.com
Sources: Why football's 'next superstar' snubbed...
Chelsea and Arsenal registered an interest in the transfer of Nico Paz,...
6h ago from CaughtOffside.com
Arsenal favourites to sign 21-year-old German striker...
Arsenal are reportedly in pole position to sign Club Brugge star Nicolo...
8h ago from SportsKeeda.com
Comments
Hottest News
Jacques Villeneuve on Ollie Bearman crash at Suzuka “Now...
Speaking on F1 TV, normally ultra-confident but... Read More »
5h ago from GrandPrix247.com
Charles Leclerc and Lewis Hamilton lament lack of Ferrari...
Leclerc fought hard throughout, managing pressure... Read More »
1h ago from GrandPrix247.com
'I've given up': Aston Martin Newey replacement saga leaves...
The never-ending crisis at Aston Martin is one of... Read More »
3h ago from GPFans.com
