News Details

COVID-19: McLaren staff furloughed, drivers take pay cut

McLaren became the first Formula 1 team to furlough staff because of the coronavirus on Wednesday, with drivers Lando Norris and Carlos Sainz joining senior management in taking a pay cut. The sportscar maker said in a statement the temporary three-month wage reduction was part of wider cost-cutting measures due to the impact of the pandemic on its business. “These measures are focused on protecting jobs in the short-term to ensure our employees return to full-time work as the economy recovers,” McLaren added. A team spokesman emphasised that 100-150 staff from across the group who were working on a “VentilatorChallengeUK” project were not included in the measure. The group,...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

McLaren drivers take pay cut as some staff handed...

McLaren drivers Lando Norris and Carlos Sainz are to take a pay cut as the...
5y ago from BBC.co.uk

McLaren F1 drivers take pay cut, staff furloughed

McLaren has become the first Formula 1 team to place its staff on...
5y ago from Crash.net

Norris and Sainz take pay cuts as McLaren place staff...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
5y ago from GPFans.com

Quarantined McLaren staff now back home

The McLaren staff forced into quarantine in Melbourne due to the...
5y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
18h ago from MotorsportWeek.c...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
21h ago from MotorsportWeek.c...

IndyCar Toronto – Race Results

IndyCar completed its sole visit across the border this weekend, with a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta reveals fascinating restrictions that held...

Mikel Arteta has offered a candid glimpse into the physical and tactical...
1h ago from FreshArsenal.com

Talks this week: Chelsea make club-to-club contact to...

Chelsea are interested in signing Xavi Simons from RB Leipzig during the...
2h ago from CaughtOffside.com

Why is Brazilian Joao Pedro considered homegrown...

A recent report from The Express has outlined why Chelsea's Joao Pedro is...
2h ago from SportsKeeda.com

Arsenal vs AC Milan Prediction and Betting Tips | 23rd...

Two European heavyweights lock horns in pre-season on Wednesday with...
3h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.