Lewis Hamilton and Sebastian Vettel will both forego part of their wages to help Mercedes and Ferrari survive the ongoing financial crisis that has hit Formula 1. Many of the F1 teams are facing the pinch at present as eight of this year's 22 grands prix have either been postponed or cancelled. And more could follow in the coming weeks. Red Bull advisor Helmut Marko reckons for every five races missed, the teams lose out on '100 million'. In order to get through the crisis McLaren announced earlier this week that it was taking advantage of the UK government's initiative to cover 80 percent of the wages of a furloughed worker. The Woking team placed an unnamed number of staff on furlough...
Full Story »