Renaul­t join Willia­ms, Racing Point, McLare­n in furlou­ghing staff after nine races were either cancel­led or postpo­nedLONDON: Renault became the latest Formula One team to furlough staff on Friday as the sport continues to wrestle with the huge financial setbacks caused by the coronavirus pandemic. The French manufacturer said “the vast majority of staff (at their base at Enstone in the UK) will effectively have a total shutdown until May 31”, in a statement. Staff at the team’s engine site at Viry-Chatillon on the outskirts of Paris will be placed “on a part-time schedule for a provisional period of 12 weeks”. Renault join grid rivals Williams, Racing Point and McLaren in furloughing staff after nine of the scheduled 22 races in the world championship were either cancelled or postponed. “Salaries of active staff, including management, will be reduced in the same proportions.”Renault team chief Cyril Abiteboul said the measures were necessary to safeguard the team.

Source: The Express Tribune April 11, 2020 09:00 UTC