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Renault and Haas the Latest Teams to Furlough Staff during Enforced Factory Shutdown
Five of the seven United Kingdom-based Formula 1 teams have now furloughed staff as part of cost-cutting measures through the Job Retention Scheme set up by the British Government. The Renault DP World F1 Team and Haas F1 Team are the latest to announce their plans to reduce outgoings by signing up for the scheme in order to save money during the coronavirus pandemic that has seen Formula 1 cancel or postpone nine rounds of the season. The McLaren F1 Team, BWT Racing Point F1 Team and ROKit Williams Racing have already announced their plans to save money during the virus outbreak. Renault, which has bases in both Viry-Châtillon in France and Enstone in the United Kingdom, have opted...
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4y ago from TheCheckeredFlag.co.uk
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