News Details
McLaren going through "a very painful time" ahead of F1 restart
McLaren Formula 1 team principal Andreas Seidl has revealed the organisation is going through "a very painful time" after recently announcing heavy job losses. The McLaren Group confirmed late in May that due to the impact of the Covid-19 crisis it would be forced to make redundant 1,200 of its 4,000-strong workforce across the company's three divisions - Racing, Automotive and Applied. Article continues under video Seidl has confirmed that 70 of those job losses will be on the race team, and that will naturally have an impact going forward. McLaren had been seeking a budget cap of around $100million in order to help preserve jobs, but with the figure set for $145m for next year,...
Full Story »
Full Story »
5y ago from GPFans.com
0
You May Also Be Interested In...
Wolff admits he could change job title
Jun.5 Toto Wolff has admitted he may soon have a different job title....
5y ago from OneStopStrategy.com
Formula 1 Answers Questions About Season Restart,...
With Formula 1 releasing the provisional schedule to return to racing,...
5y ago from TheCheckeredFlag....
Hamilton: Floyd death has brought back painful...
Six-time Formula One champion Lewis Hamilton says the ongoing protests...
5y ago from espnF1.com
'Bullied and beaten' Hamilton driven by 'painful...
Six-time Formula 1 champion Lewis Hamilton has revealed the inner fire...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
20h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
1d ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
1d ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Champions League review: more trauma for the Premier...
y two of the Premier League’s last-16 teams made it to the...
1h ago from TheGuardian.com
Arsenal latest: Odegaard not selected by Norway - will...
No description available...
56m ago from SkySports.com
Agent confirms Arsenal interest in attacker with 70...
Pio Esposito’s agent has confirmed that Arsenal are interested in...
1h ago from CaughtOffside.com
Paul Merson predicts winner of Arsenal vs Manchester...
The Carabao Cup final between Arsenal and Manchester City at Wembley is...
1h ago from SportsKeeda.com
Comments
Hottest News
F1: Lawson lauds Red Bull power unit
'It's exceptional,' says Liam Lawson of the Red... Read More »
56m ago from Pitpass.com
Aston Martin tell Adrian Newey to 'choose' his replacement
Aston Martin team principal Adrian Newey is... Read More »
1h ago from GPFans.com
Aston Martin's latest crisis calls for one man but there is...
A day doesn't seem to go by at the start of the... Read More »
2h ago from GPFans.com
