Formula 1

9:40 AM ET The U.S.-owned Haas Formula One team have furloughed most of their British-based employees, meaning half of the grid has now taken similar measures in response to the new coronavirus pandemic. McLaren, Williams, Racing Point and Renault had already furloughed staff. Coronavirus: Postponements and cancellations in sport Seven of the 10 teams are
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1:51 PM ET Renault have furloughed most of their British-based Formula One race team until the end of May due to the coronavirus pandemic, the French carmaker announced on Friday. Three other British-based teams — McLaren, Williams and Racing Point — have already announced they are furloughing staff with drivers also taking pay cuts. Renault
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5:03 AM ET The all-electric Formula E series has postponed for a year the introduction of its new Gen2 Evo car as part of cost-saving measures agreed unanimously by teams, manufacturers and the governing body. The series said in a statement on Thursday it had acted to promote the long-term financial stability of the championship
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5:58 AM ET Former McLaren boss Ron Dennis has donated £1 million to help frontline National Health Service (NHS) workers during the coronavirus pandemic. 1 Related Dennis’ family foundation has raised the money to support his newly-created initiative, SalutetheNHS, which aims to to provide food to key NHS staff as they fight the spread of
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3:39 AM ET It is likely the new Formula One season will get underway without spectators as the sport’s organisers remain optimistic about salvaging as many as 19 races this year. The coronavirus pandemic has resulted in the first nine races being either postponed or cancelled, leaving the 2020 F1 calendar in tatters. 1 Related
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2:02 PM ET Formula One’s 10 teams have agreed to extend their sport-wide factory shutdown by another two weeks as a result of the coronavirus pandemic. In order to save costs and free up potential race weekends in August, the teams had already agreed to move the traditional two-week August shutdown forward and extend it
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