F1’s senior management take 20% pay decreaseMercedes repurpose engine plant to create NHS breathing aidsFormula One Group has placed half of its staff on furlough as the sport addresses the serious financial implications of coronavirus.
With nine races now called off after the Canadian
Grand Prix on Tuesday became the latest victim of the pandemic, F1 is potentially facing a major loss of income, with no guarantees any meetings will take place this year. As the teams consider how to address this issue collectively, Mercedes announced they are now manufacturing 1,000 breathing aids a day for the NHS at their engine plant in Brixworth.