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 »
6y 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...
6y 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...
6y 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...
6y 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...
6y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
2h ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
19h ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
1d ago from Motorsport.com
CFMoto ‘fully committed’ to supporting potential...
CFMoto Aspar team boss Jorge Martinez says the Chinese manufacturer is...
22h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher shares injury update after breaking...
No description available...
22h ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
20h ago from MotorsportWeek.c...
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
1d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
2d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Premier League club who could hurt Man City’s title...
Everton are reportedly exploring a move for Arsenal defender Ben White as...
1h ago from SportsKeeda.com
'I'm not happy about that' – ex-Gunner slams...
Arsenal manager Mikel Arteta has been heavily criticised by one of the...
2h ago from CaughtOffside.com
'They give you nothing' – Harry Maguire picks out...
Manchester United defender Harry Maguire has stated that Arsenal are...
2h ago from SportsKeeda.com
'Serious chances' for Liverpool & Arsenal...
Fabrizio Romano is reporting that there are 'serious chances' for Anthony...
4h ago from CaughtOffside.com
Comments
Hottest News
Charles Leclerc hands Ferrari upgrades blow in Mercedes...
The Miami GP will feature upgrades galore across... Read More »
58m ago from RacingNews365.com
F3 cars now ‘1,000 times more fun' than F1 –...
May 1 Lance Stroll has delivered the strongest... Read More »
2h ago from OneStopStrategy.com
Lewis Hamilton reveals Ferrari fixed bizarre Japanese GP...
Lewis Hamilton revealed that his bizarre power... Read More »
3h ago from MotorsportWeek.com
