• Formula One puts almost half its staff on furlough due to coronavirus

    Formula One puts almost half its staff on furlough due to coronavirus

    Formula One has put almost half its staff on furlough until the end of May due to the novel coronavirus with chairman Chase Carey and senior management also taking a pay cut, an F1 spokesman said on Tuesday. Sources said those on furlough were mainly employees whose work was race-weekend focused and who could not …