News Details

Renault furloughs majorty of staff, Group CEO takes pay cut

Renault has confirmed that the ‘vast majority’ of its Formula 1 personnel at Enstone have been furloughed as a consequence of the coronavirus pandemic. Renault splits its operations across Enstone, in the United Kingdom, and Viry-Chatillon, in France. Both factories are currently observing shutdown periods in line with the guidelines set out by the FIA in response to the pandemic. On Friday Renault confirmed that the bulk of its staff at Enstone have been furloughed until at least the end of May. Under the UK Government’s Job Retention Scheme the state is liable for 80 per cent of staff salaries, up to £2,500 per month; Renault has confirmed that it will top up any shortfalls to...
Full Story »
Share

You May Also Be Interested In...

F1 factories longer in shutdown because of COVID-19

The FIA confirmed this earlier today on their website. The factories of...
5y ago from GPBlog.com

Renault to partially or totally reduce activities at...

Renault Sport Racing today announced measures to partially or totally...
5y ago from GrandPrix247.com

Hamilton didn't get mad at Wolff: 'That's total...

Toto Wolff suspects that it will be several months before the Formula 1...
5y ago from GPBlog.com

Vasseur: 'It's important that you have a decent car...

Because the factories of all Formula 1 teams are at a standstill, there...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...
11h ago from MotorsportWeek.c...

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

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
15h ago from MotorsportWeek.c...

Alex Palou responds to McLaren court ruling

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

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

“The most fragile I’ve ever seen them” - Phil...

Phil Jones was unimpressed with the performances of Arsenal duo Gabriel...
45m ago from SportsKeeda.com

Some Tuesday thoughts and pictures and stuff …

Morning all. I have some thoughts about stuff today. Here they are in...
3h ago from Arseblog.com

Arsenal vs Kairat Prediction and Betting Tips |...

Arsenal take on Kairat at home in their final UEFA Champions League league...
18h ago from SportsKeeda.com

Player ratings: Arsenal 2-3 Manchester United

Arsenal crashed to a 3-2 defeat against Manchester United on Sunday...
22h 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.