Renault says “the vast majority” of staff at its UK Formula 1 base have been put on enforced absence until at least the end of May.
It is applying for the government furlough scheme, which guarantees employees 80% of their earnings up to a maximum of £2,500 a month.
Renault said it would top up the government money so all staff receive at least 80% of their salaries.
The company will review its position as the coronavirus crisis develops.
The move means the “vast majority” of its staff will have been on “total shutdown” from 1 April, Renault said.
In addition to its measures at its factory at Enstone in Oxfordshire, Renault said its engine base at Viry-Chatillon near Paris was put on a part-time schedule on 6 April for a period that will last at least 12 weeks.
“This decision was taken in consultation with employee representatives and was supported by a solidarity agreement aimed to protect the company and its employees,” Renault said in a statement.
Renault Sport managing director Cyril Abiteboul, the company’s F1 team principal, 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 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.”
Renault are the fourth team to say they are putting a significant number of staff on furlough, following McLaren, Williams and Racing Point.
F1, which is facing a significant drop in all its revenue streams, has already taken a series of cost-cutting measures in the face of the first nine races of the season being called off and uncertainty as to when and whether it can start again this year.
A major rules change for 2021 has been postponed until 2022 and teams will use the same cars next year as they built for this year, among other detail changes.
In addition, F1 bosses are discussing a move to lower the budget cap from its current level of $175m (£137.9m) when it comes into force next year.
F1 says it is considering “all possibilities” as it seeks to restart its season later in the summer, including races behind closed doors.
Managing director Ross Brawn says he believes the sport can hold a valid world championship season even if racing cannot start until October.
Das Zet Casino hat sich in den letzten Jahren zu einer der beliebtesten Online-GlГјcksspielplattformen entwickelt. Mit einer Vielzahl von Spielen und groГџzГјgigen Boni bietet das Casino seinen Spielern ein erstklassiges Spielerlebnis.
Eine der beliebtesten Spielkategorien im Zet Casino ist die Slot-Saga. Hier kГ¶nnen Spieler in spannenden Abenteuern eintauchen und um hohe Gewinne kГ¤mpfen. Die Slot-Saga “lГ¤htГ¶” ist dabei besonders beliebt und lockt Spieler aus der ganzen Welt an.
In der “lГ¤htГ¶”-Saga kГ¶nnen Spieler in eine mystische Welt eintauchen und auf eine aufregende Reise gehen. Mit aufregenden Animationen und fantastischen GewinnmГ¶glichkeiten ist diese Slot-Saga ein echter Publikumsmagnet im Zet Casino.
Neben den spannenden Spielen bietet das Zet Casino auch großzügige Boni für seine Spieler. Mit Willkommensangeboten, Freispielen und Cashback-Aktionen können Spieler ihr Spielerlebnis noch weiter verbessern und ihre Gewinnchancen erhöhen.
Das Zet Casino ist nicht nur fГјr seine erstklassigen Spiele und groГџzГјgigen Boni bekannt, sondern auch fГјr seinen hervorragenden Kundenservice. Das Team steht rund um die Uhr zur VerfГјgung, um alle Fragen und Anliegen der Spieler zu beantworten und ihnen ein reibungsloses Spielerlebnis zu bieten.
Insgesamt ist das Zet Casino mit seiner Slot-Saga “lГ¤htГ¶” eine ausgezeichnete Wahl fГјr Spieler, die auf der Suche nach einem erstklassigen Online-GlГјcksspielerlebnis sind. Mit einer Vielzahl von Spielen, groГџzГјgigen Boni und einem hervorragenden Kundenservice ist das Zet Casino definitiv einen Besuch wert.
https://zetcasino.one/
699956 637824Theres noticeably a bundle to locate out about this. I assume you produced certain excellent points in features also. 193165
446341 166200Dead written articles , appreciate it for entropy. 602096
398734 120132We guarantee authentic brands avoiding inferior commercial imitations, or even dangerous counterfeits. 644017