Monday, April 6, 2020

Williams furloughs staff, management and drivers take pay cuts - Motorsport.com

As the ongoing COVID-19 pandemic continues to impact F1, teams are anticipating financial difficulties onset by a lack of revenue due to the cancelled races.
McLaren was the first to officially announce last week it would be taking advantage of a government scheme that allows companies to furlough staff, paying 80% of wages up to £2,500 per month.
In a statement issued by Williams on ...Keep reading

Read more: Williams furloughs staff, management and drivers take pay cuts - Motorsport.com

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