News Details
Sainz and Norris take pay cut as McLaren curbs costs
Carlos Sainz and Lando Norris pic: McLaren Carlos Sainz Jr and Lando Norris have agreed to take a pay cut as McLaren looks to curb costs during the coronavirus pandemic. McLaren has confirmed a group of staff from its racing division have been furloughed. CEO Zak Brown and other senior management have taken pay cuts too. McLaren is the first team to publicly confirm they have had staff take temporary leave. “The McLaren Group is temporarily furloughing a number of employees as part of wider cost-cutting measures due to the impact of the COVID-19 pandemic on its business,” a McLaren spokesperson said. “These measures are focused on protecting jobs in the short-term to ensure our...
Full Story »
Full Story »
5y ago from SpeedCafe.com
0
You May Also Be Interested In...
Sainz, Norris take pay cuts as McLaren furloughs staff
McLaren Formula 1 drivers Carlos Sainz and Lando Norris have both agreed...
5y ago from MotorsportWeek.com
Sainz and Norris take pay cut as McLaren puts staff on...
Carlos Sainz and Lando Norris will see their 2020 retainer reduced as...
5y ago from F1i.com
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
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez and Francesco Bagnaia praise MotoGP...
No description available...
2h ago from Motorsport.com
Fabio Quartararo knows he can “fight at the front”...
No description available...
3h ago from Motorsport.com
BMW: Losing Toprak Razgatlioglu to MotoGP feels like...
BMW says losing Toprak Razgatlioglu departure from its WorldSBK team to...
7h ago from MotorsportWeek.c...
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
3d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
2d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Here's how Hyundai’s driver cooling system will...
No description available...
4h ago from Motorsport.com
How Carlos Sainz Sr's withdrawal will impact the FIA...
No description available...
7h ago from Motorsport.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal enter talks to sign £68m Premier...
Arsenal have added Crystal Palace star Eberechi Eze to their list...
46m ago from FreshArsenal.com
Jorrel Hato player profile: Who is the 'special' Dutch...
Jorrel Hato is a name we can probably expect to hear a lot more about in...
2h ago from CaughtOffside.com
Source: Arsenal moving at ‘rapid rate' to...
Arsenal transfers have exploded this week! The club look to have completed...
1h ago from FreshArsenal.com
'Bargain' – Arsenal praised for smart signing of...
Arsenal have been praised for what now looks an imminent transfer deal for...
3h ago from CaughtOffside.com
Comments
Hottest News
Austrian GP facing 'severe' threat as warning issued
The Austrian Grand Prix has been hit with a... Read More »
4h ago from RacingNews365.com
Mercedes star George Russell backs new penalty guidelines...
Mercedes star and GPDA director George Russell... Read More »
36m ago from GPFans.com
Rosberg hints at reason behind Mercedes’ delay with...
As the 2025 Formula 1 season nears the end of its... Read More »
9h ago from F1i.com