News Details

Renault furloughs majorty of staff, Group CEO takes pay cut

Renault has confirmed that the ‘vast majority’ of its Formula 1 personnel at Enstone have been furloughed as a consequence of the coronavirus pandemic. Renault splits its operations across Enstone, in the United Kingdom, and Viry-Chatillon, in France. Both factories are currently observing shutdown periods in line with the guidelines set out by the FIA in response to the pandemic. On Friday Renault confirmed that the bulk of its staff at Enstone have been furloughed until at least the end of May. Under the UK Government’s Job Retention Scheme the state is liable for 80 per cent of staff salaries, up to £2,500 per month; Renault has confirmed that it will top up any shortfalls to...
Full Story »
Share

You May Also Be Interested In...

F1 factories longer in shutdown because of COVID-19

The FIA confirmed this earlier today on their website. The factories of...
5y ago from GPBlog.com

Renault to partially or totally reduce activities at...

Renault Sport Racing today announced measures to partially or totally...
5y ago from GrandPrix247.com

Hamilton didn't get mad at Wolff: 'That's total...

Toto Wolff suspects that it will be several months before the Formula 1...
5y ago from GPBlog.com

Vasseur: 'It's important that you have a decent car...

Because the factories of all Formula 1 teams are at a standstill, there...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...
10h ago from MotorsportWeek.c...

Marc Marquez likens his 2025 MotoGP form to 2019 and...

Marc Marquez has likened his 2025 MotoGP form to the peak performances...
17h 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,...

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

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
12h 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

Report: New Arsenal signing waiting in London and set...

Arsenal are on the verge of announcing the signing of Spanish centre-back...
7h ago from FreshArsenal.com

“I’m bored, give me a f**king ball man” -...

Pierre-Emerick Aubameyang has taken to Instagram as he gears up for a...
14h ago from SportsKeeda.com

Mosquera deal edges near as Arsenal still chase striker

The summer transfer window is in full flow and we are now nigh on a full...
15h ago from FreshArsenal.com

Arsenal forced to reschedule first pre-season training...

Premier League giants Arsenal have been forced to reschedule their first...
16h 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.