News Details

Williams drivers join pay cut list, staff furloughed

Williams has joined McLaren in officially announcing pay cuts for senior staff and its drivers, whilst placing some other members of staff on furlough. With no Formula 1 racing for the foreseeable future, teams are understandably feeling the pinch when it comes to finances. Whilst teams are saving money in some areas with the likes of the new regulations being delayed, the drying up of main revenue streams are forcing them into other protective measures. McLaren, who have led through example throughout these difficult times, were first to take advantage of the measure brought into effect by the UK government, who will cover 80 per cent of a person's wage if they are furloughed, while...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

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

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
5y ago from GPFans.com

Norris and Sainz take pay cuts as McLaren furlough...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
5y ago from GPFans.com

McLaren drivers take pay cuts, some staff furloughed

McLaren have become the first Formula 1 team to furlough some staff...
5y ago from SkySports.com

Norris, Sainz take pay cuts as McLaren furlough staff

Lando Norris and Carlos Sainz will both be taking a pay cut as McLaren...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar updates tire rules for 2026 season

Among a few changes coming for the 2026 NTT IndyCar Series season, a new...
14h ago from MotorsportWeek.c...

IndyCar introduces safety flaps to prevent airborne...

The NTT IndyCar series has detailed a new addition to cars competing in...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

The post-derby glow

Morning all. Hopefully you're still enjoying the warm glow of Sunday's...
4h ago from Arseblog.com

Arsenal move to secure midfielder deal with Andre...

Arsenal are preparing to open formal negotiations with Declan Rice over a...
4m ago from CaughtOffside.com

Donnarumma vs Raya: Who is the better GK in the title...

In the last few weeks of the Premier League season, the importance of...
15h ago from SkySports.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.