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Haas becomes fifth F1 team to furlough staff, drivers take pay cut
Haas has placed the majority of its UK-based staff on furlough with both drivers Romain Grosjean and Kevin Magnussen agreeing to pay cuts. The US team, which has a factory based in Banbury, has opted for the UK government scheme which covers 80% of salaries for staff put into furlough up to £2,500 per month which came into action from April 1. Key F1 personnel are continuing to work on reduced salaries, while Grosjean and Magnussen are believed to have also agreed to a pay cut during this period. Haas also has personnel based in the United States and Italy but it remains unclear if any action will be taken regarding their positions. Haas follows McLaren, Williams, Racing Point and...
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