News Details

McLaren F1 drivers take pay cut, staff furloughed

McLaren has become the first Formula 1 team to place its staff on furlough during the coronavirus crisis with drivers Carlos Sainz and Lando Norris taking a pay cut. Some members of McLaren’s workforce will now observe an enforced period of absence from the team, while those who remain at work will have their salaries reduced. Sainz and Norris agreed to take the same pay reduction as the other members of staff. F1 teams are discussing how best to protect themselves amid the ongoing COVID-19 pandemic, with concerns rising over how teams will be affected financially by the uncertainty caused. McLaren has subsequently decided to act by becoming the first team to take steps in a bid to...
Full Story »
6y ago from Crash.net 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...
6y ago from BBC.co.uk

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

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
6y ago from GPFans.com

'Difficult' for drivers to accept pay cuts amid crisis...

Jenson Button believes it would be "difficult" for the sport's...
6y ago from F1i.com

Vettel offered new deal with drastic pay cut

Sebastian Vettel has been handed his first new contract offer from...
6y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Sebastien Ogier goes all out on asphalt attack

Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
12h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Game 1 of the ‘new season' is a must win

Morning all. 'Game 1', is how Mikel Arteta described today's encounter...
1h ago from Arseblog.com

Arsenal and Man United look to beat La Liga giants in...

Atalanta midfielder Ederson has been linked with a move away from the...
11h ago from CaughtOffside.com

Arteta targets 60m speedster as Man United prepare bid...

Karim Adeyemi has been linked with a move away from Borussia Dortmund at...
13h ago from CaughtOffside.com

'We are all in. Let’s go for it' - Mikel Arteta...

Arsenal boss Mikel Arteta has urged his players to rise to the occasion...
14h ago from SportsKeeda.com

Comments

Hottest News

F1 News Today: McLaren want Red Bull contract halted,...

McLaren F1 CEO Zak Brown has confirmed talks to... Read More »
1h ago from GPFans.com

FIA cancel race due to bad parking

The FIA were forced to cancel Stage Three at the... Read More »
45m ago from GPFans.com

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.