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Furloughing McLaren F1 staff essential to protect team’s future
McLaren’s “difficult” decision to place its Formula 1 staff on furlough was essential to protect the team’s future, according to Andreas Seidl. Earlier this month, McLaren became the first F1 team to implement a range of cost-saving measures which included furloughing some of its staff, while drivers Carlos Sainz and Lando Norris agreed to take voluntary pay cuts. Teams are facing increased financial strain due to the ongoing COVID-19 crisis, which has led to the opening nine races of the 2020 F1 season being postponed or cancelled. “On our side there’s a reason why we made this decision, as I said before it’s not clear yet and it’s simply impossible to know exactly what...
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