Published: Sat, April 04, 2020
Sport | By

Carlos Sainz, Lando Norris take salary cuts while some McLaren employees quit

Carlos Sainz, Lando Norris take salary cuts while some McLaren employees quit

"These measures focus on protecting short-term jobs to ensure that our employees return to full-time work as the economy recovers".

According to the firm, the temporary three-month wage reduction is part of wider cost-cutting measures due to the COVID-19 pandemic impact on its business.

While he stopped short of shaving it completely, more than 36,000 people watched McLaren driver Lando Norris cut his hair live on Twitch after a coronavirus fundraiser last weekend.

Most of the F1 teams are now on a three-week mandatory shutdown, which was brought forward to the spring from the summer and extended by a week in part to help to reduce the financial burden on the teams while the calendar is on hold.

The decision doesn't impact McLaren's involvement in the "Project Pitlane" initiative, which consists of a group of UK-based teams which are collaborating to develop health care technologies in response to the pandemic.

McLaren is part of a consortium of leading aerospace, engineering and Formula One racing companies who have joined forces to ramp up production of a ventilator made by Smiths Group which supports those with complications from the virus.

In parallel with those being furloughed, all staff from a senior level - including senior management and CEO Zak Brown - are taking pay cuts.

The team spokesman said British 20-year-old Norris and Spaniard Sainz were adamant they too wanted to play their part.

Although F1 and the FIA agreed to bring forward the annual summer shutdown period and delay the 2021 regulations, team costs are still escalating. The current chassis will also be used next year to save money.

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