Formula One teams Williams and Racing Point drivers take pay cuts
Racing Point's Lance Stroll overtakes Williams' Nicholas Latifi during testing in Barcelona February 21, 2020. — Reuters pic
Silverstone-based Racing Point said Canadian driver Lance Stroll, whose billionaire father Lawrence owns the team, and well-sponsored Mexican Sergio Perez would also take voluntary wage cuts. “The furlough period will last until the end of May whilst senior management, and our drivers, have taken a pay cut of 20 per cent effective from April 1.”
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