Home Sport Renault furlough most of British-based F1 team

Renault furlough most of British-based F1 team

by admin

“We must use all the measures at our disposal to get through this prolonged period of uncertainty and inactivity as best as we can,” says team’s managing director

Last Updated: 10/04/20 8:32pm

Renault have furloughed most of their British-based F1 race team until the end of May.

The team, which is based in Enstone in Oxfordshire, is applying for the government furlough scheme and plans to top up the money so that all staff members receive at least 80% of their salaries.

A Renault statement said: “As of April 1st, the vast majority of Enstone staff will effectively have a total shutdown (furlough) until May 31. This will be reviewed dependent on the development of the situation.

Esteban Ocon wearing a protective mask before the postponed Australian Grand Prix in Melbourne Esteban Ocon wearing a protective mask before the postponed Australian Grand Prix in Melbourne

Esteban Ocon wearing a protective mask before the postponed Australian Grand Prix in Melbourne

“It was also agreed to top-up the amount allocated by the government to guarantee a minimum of 80% of the actual salary for all team members. Salaries of active staff, including management, will be reduced in the same proportions.”

Renault driver Daniel Ricciardo racing in the Canadian Grand Prix in 2019 Renault driver Daniel Ricciardo racing in the Canadian Grand Prix in 2019

Renault driver Daniel Ricciardo racing in the Canadian Grand Prix in 2019

Renault Sport Racing managing director Cyril Abiteboul said: “The very difficult human and sanitary circumstances that we are experiencing and the strict lockdown in France and England, as well as in most of the Grand Prix-organising countries, do not yet allow us to measure the impact on our sport.

“We therefore must use all the measures at our disposal to get through this prolonged period of uncertainty and inactivity as best as we can, while protecting the whole team we have built over the past four years.”

Ocon, left, joined Renault in August 2019 to partner Ricciardo Ocon, left, joined Renault in August 2019 to partner Ricciardo

Ocon, left, joined Renault in August 2019 to partner Ricciardo

Renault, whose F1 drivers are Australian Daniel Ricciardo and Frenchman Esteban Ocon, said it would top up the amount allocated by the government to guarantee a minimum of 80% of actual salary for all team members.

Three other British-based teams – McLaren, Williams and Racing Point – have already announced they are furloughing staff with drivers also taking pay cuts.

The move comes as the world of F1 finds itself engulfed in a crisis caused by the pandemic, which has seen the first nine Grands Prix of 2020 called off.

Related Videos

Leave a Comment