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F1 staff placed on furlough, Carey takes pay cut

F1 staff placed on furlough, Carey takes pay cut

  • Published on 07 Apr 2020 10:07
  • comments 0
  • By: Fergal Walsh

Formula 1 has placed over 200 of its staff members on furlough during the coronavirus pandemic crisis, while CEO Chase Carey has taken a pay cut.

The McLaren, Williams and Racing Point teams have all confirmed that they have laid off some staff, while its drivers will receive reduced pay.

Official F1 staff have now joined them, with Carey, along with F1 managing director Ross Brown, taking a 20% pay cut.

The start of the 2020 season has been delayed due to COVID-19, with the opening race of the year currently scheduled for mid-June in Canada.

Currently, the teams are involved in a factory shutdown period that is usually reserved for the summer, which is set to end on April 20th.

However, that period could last longer and seep into May with no end in sight on UK restrictions regarding the coronavirus.

MORE: Horner: Factory shutdown could be extended into May

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Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2 2024
Bahrain
Bahrain International Circuit
7 - Mar 9 2024
Saudi Arabia
Jeddah Street Circuit
22 - Mar 24 2024
Australia
Albert Park
5 - Apr 7 2024
Japan
Circuit Suzuka
19 - Apr 21 2024
China
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3 - May 5 2024
United States of America
Miami International Autodrome
17 - May 19 2024
Italy
Autodromo Enzo e Dino Ferrari
24 - May 26 2024
Monaco
Monte Carlo
7 - Jun 9 2024
Canada
Gilles Villeneuve
21 - Jun 23 2024
Spain
Circuit de Catalunya
28 - Jun 30 2024
Austria
Red Bull Ring
5 - Jul 7 2024
United Kingdom
Silverstone
19 - Jul 21 2024
Hungary
Hungaroring
26 - Jul 28 2024
Belgium
Spa-Francorchamps
23 - Aug 25 2024
Netherlands
Circuit Zandvoort
30 - Sep 1 2024
Italy
Monza
13 - Sep 15 2024
Azerbaijan
Baku City Circuit
20 - Sep 22 2024
Singapore
Marina Bay Street Circuit
18 - Oct 20 2024
United States of America
Circuit of the Americas
25 - Oct 27 2024
Mexico
Autodromo Hermanos Rodriguez
1 - Nov 3 2024
Brazil
Interlagos
22 - Nov 24 2024
United States of America
Las Vegas Street Circuit
29 - Dec 1 2024
Qatar
Losail International Circuit
6 - Dec 8 2024
United Arab Emirates
Yas Marina Circuit
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Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
-
Bahrain Bahrain International Circuit
29 - Mar 2 2024
Bahrain Bahrain International Circuit
7 - Mar 9 2024
Saudi Arabia Jeddah Street Circuit
22 - Mar 24 2024
Australia Albert Park
5 - Apr 7 2024
Japan Circuit Suzuka
19 - Apr 21 2024
China Shanghai International Circuit
3 - May 5 2024
United States of America Miami International Autodrome
17 - May 19 2024
Italy Autodromo Enzo e Dino Ferrari
24 - May 26 2024
Monaco Monte Carlo
7 - Jun 9 2024
Canada Gilles Villeneuve
21 - Jun 23 2024
Spain Circuit de Catalunya
28 - Jun 30 2024
Austria Red Bull Ring
5 - Jul 7 2024
United Kingdom Silverstone
19 - Jul 21 2024
Hungary Hungaroring
26 - Jul 28 2024
Belgium Spa-Francorchamps
23 - Aug 25 2024
Netherlands Circuit Zandvoort
30 - Sep 1 2024
Italy Monza
13 - Sep 15 2024
Azerbaijan Baku City Circuit
20 - Sep 22 2024
Singapore Marina Bay Street Circuit
18 - Oct 20 2024
United States of America Circuit of the Americas
25 - Oct 27 2024
Mexico Autodromo Hermanos Rodriguez
1 - Nov 3 2024
Brazil Interlagos
22 - Nov 24 2024
United States of America Las Vegas Street Circuit
29 - Dec 1 2024
Qatar Losail International Circuit
6 - Dec 8 2024
United Arab Emirates Yas Marina Circuit
See full schedule
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