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
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
18h ago from MotorsportWeek.c...
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
1d ago from MotorsportWeek.c...
Marco Bezzecchi satisfied with ‘smaller’...
Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
1d ago from MotorsportWeek.c...
Fermin Aldeguer to miss Thai GP, Gresini names...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
15h ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
16h ago from Motorsport.com
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
1d ago from MotorsportWeek.c...
Mick Schumacher reveals what has surprised him the...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta heads Toyota 1-2-3 in Rally Sweden
Takamoto Katsuta and Aaron Johnston lead Rally Sweden after Friday’s...
12h ago from MotorsportWeek.c...
WRC Sweden: Takamoto Katsuta snatches lead from Elfyn...
No description available...
11h ago from Motorsport.com
Thierry Neuville labels WRC struggles the “hardest...
No description available...
17h ago from Motorsport.com
WRC Sweden: Elfyn Evans leads as Oliver Solberg drops...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
'Already making plans' – Fabrizio Romano drops...
Transfer news expert Fabrizio Romano has provided a major update on the...
51m ago from CaughtOffside.com
Arsenal vs Wigan Athletic Prediction and Betting Tips...
Arsenal and Wigan Athletic will face off in an FA Cup fourth-round tie on...
1h ago from SportsKeeda.com
Arsenal & Spurs given transfer update on...
Arsenal and Tottenham are reportedly among the potential transfer suitors...
1h ago from CaughtOffside.com
“Astonishing” attacker on Arsenal and Chelsea...
Atletico Madrid striker Julian Alvarez is a target for Arsenal and Chelsea...
16h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton finishes Bahrain F1 test with key Ferrari...
Lewis Hamilton completed 190 laps for Ferrari... Read More »
3h ago from RacingNews365.com
Lance Stroll says Aston Martin need to find four seconds of...
Aston Martin are far off the pace of Formula 1... Read More »
1h ago from GrandPrix247.com
F1 owners DITCH famous motorsport name
F1 owners Liberty Media have carried out the... Read More »
31m ago from GPFans.com
