News Details
Carey takes pay cut, F1 staff ‘disguntled'
Formula 1 chief Chase Carey is taking a '20 per cent' pay cut but that doesn't seem to have appeased his furloughed staff. Formula 1, and the world as a whole, is facing an unprecedented crisis. As the coronavirus continues to wreck havoc around the globe, resulting in almost 75,000 deaths, countries remain in lockdown and the world's sport is on hold. This has already led to the UK-based McLaren, Williams and Racing Point F1 teams announcing that they would take up the government's furlough option, putting staff on paid leave of which the UK government pays 80 per cent of their salaries. Added to that both F1 teams said management and the drivers had taken pay cuts to help the teams...
Full Story »
Full Story »
6y ago from PlanetF1.com
0
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...
6y ago from MotorsportWeek.com
Williams drivers join pay cut list, staff furloughed
Williams has joined McLaren in officially announcing pay cuts for senior...
6y ago from PlanetF1.com
McLaren F1 drivers take pay cut, staff furloughed
McLaren has become the first Formula 1 team to place its staff on...
6y ago from Crash.net
COVID-19: McLaren staff furloughed, drivers take pay...
McLaren became the first Formula 1 team to furlough staff because of the...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia riders not ruling out Marc Marquez from 2026...
No description available...
40m ago from Motorsport.com
2026 MotoGP Catalan Grand Prix – How to watch,...
No description available...
1h ago from Motorsport.com
Jorge Martin: 'Marco Bezzecchi and I are not friends,...
No description available...
16h ago from Motorsport.com
Luca Marini suggests new Safety Commission model amid...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Indy 500 Day 3 practice results: Pato O'Ward leads at...
No description available...
11h ago from Motorsport.com
Pato O’Ward quickest as Takuma Sato previews Indy...
For the third consecutive day, the 33 drivers of the 110th Indianapolis...
11h ago from MotorsportWeek.c...
Last year’s Indy 500 defeat “hurt more than...
No description available...
13h ago from Motorsport.com
Romain Grosjean explains Marcus Armstrong...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
Why returning to the WRC podium was so important for...
No description available...
1d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
4d ago from Motorsport.com
WRC Portugal: Thierry Neuville inherits lead as...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Thought he'd be the perfect fit' - Manchester United...
Manchester United captain Bruno Fernandes names one player he wanted the...
9m ago from SportsKeeda.com
Arteta: Arsenal should have won more trophies under my...
Mikel Arteta assesses the mood going into a defining period of Arsenal, as...
2h ago from SkySports.com
Arteta won't play the content game : An Irish goodbye
Good morning from London. Somewhat unusually Mikel Arteta's press...
2h ago from Arseblog.com
Arsenal, Liverpool and Man United battling for 50m...
Bazoumana Toure has been linked with a move away from German club...
4h ago from CaughtOffside.com
Comments
Hottest News
Red Bull identifies key weakness of the RB22
Red Bull has confirmed it has identified a key... Read More »
50m ago from MotorsportWeek.com
Zak Brown takes aim at ‘A/B teams’ in F1 in formal...
McLaren Racing CEO Zak Brown has intensified the... Read More »
40m ago from F1i.com
F1 update war explodes as teams copy Ferrari trick
May 15 Formula 1's 2026 development race is... Read More »
2h ago from OneStopStrategy.com
