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
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
8h ago from MotorsportWeek.c...
Fermin Aldeguer remains hospitalised after leg surgery
No description available...
11h ago from Motorsport.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
2d ago from Motorsport.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
4d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
4d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Naturally-aspirated V8: What Ford is doing differently...
No description available...
6h ago from Motorsport.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
7h ago from Motorsport.com
Dakar 2026, Stage 8: Toyota scores 1-2 in...
No description available...
11h ago from Motorsport.com
Could time bonuses solve the “yo-yo effect” at the...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Race for Guehi wide open with Man City, Liverpool and...
The race to sign Marc Guehi is wide open and there is not a favourite or a...
4h ago from SkySports.com
Robert Pires claims 26-year-old Arsenal star is now in...
Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
6h ago from SportsKeeda.com
FA Cup fourth round draw – live
️ Draw for the last 32 to begin at 6.35pm GMT at Anfield<br>⚽️...
5h ago from TheGuardian.com
Liam Rosenior provides fitness update on Cole Palmer...
Chelsea's head coach, Liam Rosenior, has disclosed that Cole Palmer and...
7h ago from SportsKeeda.com
Comments
Hottest News
Hill and Herbert name their F1 ‘dark horses’ for 2026
Damon Hill and Johnny Herbert believe the 2026... Read More »
7h ago from F1i.com
Ex-Ferrari engineer reveals who is to blame for Lewis...
Former Ferrari F1 engineer Luigi Mazzola has had... Read More »
4h ago from GPFans.com
F1 star's MUM found out he would be Max Verstappen's...
Red Bull F1 star Isack Hadjar has explained how... Read More »
1h ago from GPFans.com
