News Details

Renault furloughs majorty of staff, Group CEO takes pay cut

Renault has confirmed that the ‘vast majority’ of its Formula 1 personnel at Enstone have been furloughed as a consequence of the coronavirus pandemic. Renault splits its operations across Enstone, in the United Kingdom, and Viry-Chatillon, in France. Both factories are currently observing shutdown periods in line with the guidelines set out by the FIA in response to the pandemic. On Friday Renault confirmed that the bulk of its staff at Enstone have been furloughed until at least the end of May. Under the UK Government’s Job Retention Scheme the state is liable for 80 per cent of staff salaries, up to £2,500 per month; Renault has confirmed that it will top up any shortfalls to...
Full Story »
Share

You May Also Be Interested In...

F1 factories longer in shutdown because of COVID-19

The FIA confirmed this earlier today on their website. The factories of...
5y ago from GPBlog.com

Renault to partially or totally reduce activities at...

Renault Sport Racing today announced measures to partially or totally...
5y ago from GrandPrix247.com

Hamilton didn't get mad at Wolff: 'That's total...

Toto Wolff suspects that it will be several months before the Formula 1...
5y ago from GPBlog.com

Vasseur: 'It's important that you have a decent car...

Because the factories of all Formula 1 teams are at a standstill, there...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Qatar GP ‘unlikely', but a ‘plan...

MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...

Popular On IndyCarToday.com

Chip Ganassi praises current health of IndyCar

Long-time team owner Chip Ganassi feels IndyCar is currently in one of...

Mick Schumacher’s IndyCar debut returns him to the...

Mick Schumacher began his IndyCar career this past weekend, competing in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Talks taking place over major Arsenal sale, five main...

It's reported that discussions are taking place over a major Arsenal sale...
37m ago from CaughtOffside.com

Mansfield Town vs Arsenal Prediction and Betting Tips...

Mansfield Town and Arsenal will square off in an FA Cup fifth-round tie on...
1h ago from SportsKeeda.com

Saka responds to criticism of Arsenal by insisting...

t;li>Forward says all that matters is they keep winningSaka unconcerned...
8h ago from TheGuardian.com

Chelsea legend John Terry makes Arsenal PL title...

Chelsea legend John Terry believes Arsenal have all but sealed the Premier...
10h ago from SportsKeeda.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.