News Details
Carey takes pay cut, F1 staff ‘disguntled'
Formula 1 chief Chase Carey is taking a '20 per cent' pay cut but that doesn't seem to have appeased his furloughed staff. Formula 1, and the world as a whole, is facing an unprecedented crisis. As the coronavirus continues to wreck havoc around the globe, resulting in almost 75,000 deaths, countries remain in lockdown and the world's sport is on hold. This has already led to the UK-based McLaren, Williams and Racing Point F1 teams announcing that they would take up the government's furlough option, putting staff on paid leave of which the UK government pays 80 per cent of their salaries. Added to that both F1 teams said management and the drivers had taken pay cuts to help the teams...
Full Story »
Full Story »
6y ago from PlanetF1.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
Williams drivers join pay cut list, staff furloughed
Williams has joined McLaren in officially announcing pay cuts for senior...
6y ago from PlanetF1.com
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
COVID-19: McLaren staff furloughed, drivers take pay...
McLaren became the first Formula 1 team to furlough staff because of the...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi explains how Ducati ended Aprilia's...
No description available...
12h ago from Motorsport.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
16h ago from Motorsport.com
Marc Marquez: 'I don't have the pace to fight for...
No description available...
14h ago from Motorsport.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar to limit entries to those holding a charter
The NTT IndyCar Series has confirmed that future races will be limited to...
15h ago from MotorsportWeek.c...
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
2d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
5d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
9h ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
18h ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
14h ago from MotorsportWeek.c...
WRC Canary Islands: Oliver Solberg crashes out of...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
'Let Arteta win the league' - Arsenal fans make plea...
An Arsenal fan has posted a video of himself begging Manchester City...
7h ago from SportsKeeda.com
Report: Arsenal open to selling summer signing after...
Arsenal are open to listening to offers for summer signing Viktor Gyokeres...
7h ago from CaughtOffside.com
Drowning in the banter-sphere: how can the Premier...
current season has become a meme-war without end, an endless rolling wall...
7h ago from TheGuardian.com
Arsenal keeping tabs on Real Madrid attacker as they...
Arsenal are reportedly monitoring Real Madrid forward Endrick as they look...
12h ago from SportsKeeda.com
Comments
Hottest News
2026 F1 Miami Grand Prix - Time Schedule
Don't miss any of the action and check out all... Read More »
56m ago from RacingNews365.com
George Russell comes to F1 title realisation after early...
George Russell slipped behind team-mate Kimi... Read More »
26m ago from RacingNews365.com
Meet Lewis Hamilton's ultimate superfan and you may know...
Seven-time F1 champion Lewis Hamilton has the... Read More »
8h ago from GPFans.com
