News Details
Haas follows suit - initiates furlough of staff
The Haas F1 team has conformed to the general trend in F1, placing most of its staff in the UK on furlough while drivers Romain Grosjean and Kevin Magnussen have taken pay cuts. In the face of the global coronavirus crisis, F1 has delayed indefinitely the start of its 2020 season, forcing the sport and the teams to endure an economic downturn. Williams completes refinancing process with consortium of lenders McLaren, Racing Point, Renault and Williams have subsequently placed part of their personnel on a temporary leave, with Haas becoming the fifth team to follow suit. However, the Banbury-based outfit will receive - like its rival teams - the support of the UK government in conformity...
Full Story »
Full Story »
You May Also Be Interested In...
'Alfa Romeo fourth F1 team to send staff on furlough'
In recent weeks, three F1 teams (McLaren, Williams and Racing Point) have...
5y ago from GPBlog.com
Renault follows rivals with staff furlough at Enstone
Renault has put the majority of its Enstone staff on a temporary leave in...
5y ago from F1i.com
Renault furlough's ‘vast majority' of staff
Renault is the latest team to take measures to mitigate the financial...
5y ago from TheParcFerme.com
Haas the latest F1 team to furlough its UK staff
The Haas Formula 1 Team has become the latest outfit to furlough its...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Brazilian GP: Marc Marquez scores comeback win...
No description available...
10h ago from Motorsport.com
Marc Marquez: Brazil GP sprint would have been...
No description available...
8h ago from Motorsport.com
Marc Marquez takes victory in first-ever Brazilian...
Marc Marquez claimed his first Sprint victory of the season in the...
10h ago from MotorsportWeek.c...
Fabio Di Giannantonio secures pole position on...
VR46 Ducati's Fabio Di Giannantonio ended a four-year drought to claim...
15h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
6h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
21h ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
‘One-nil down, two-one up’: when Arsenal won their...
enal hope to win the trophy for a third time against Manchester City on...
34m ago from TheGuardian.com
Master and apprentice reunite at Wembley with more...
ld an Arsenal win in Sunday’s Carabao Cup final begin the passing of the...
8h ago from TheGuardian.com
‘We enjoy it’: Gabriel relishing Carabao Cup final...
der of Arsenal’s defence ‘gives everything for the badge’ and hopes...
8h ago from TheGuardian.com
Why this Carabao Cup final matters like never before
This Sunday sees a Carabao Cup final like never before. This is the first...
8h ago from SkySports.com
Comments
Hottest News
Oscar Piastri reacts to bizarre F1 coincidence after...
Oscar Piastri suffered a heartbreaking crash... Read More »
1h ago from RacingNews365.com
BREAKING: Max Verstappen stripped of Nordschleife victory...
Big news from the Nordschleife on Max... Read More »
11h ago from RacingNews365.com
Max Verstappen disqualified from Nurburgring race hours...
Four-time F1 champion Max Verstappen has been... Read More »
10h ago from GPFans.com
