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Ricciardo open to pay cut – Abiteboul
Renault team principal Cyril Abiteboul says Daniel Ricciardo has confirmed he will take a voluntary pay cut during the coronavirus crisis to help his team, but the team boss accepts the delays to the 2020 Formula 1 season have made it harder to nail down his long-term future. The Australian driver and teammate Esteban Ocon have joined senior management figures at Renault in taking a pay cut to help balance the team’s finances during the ongoing period without F1 races as the sport shuts down amid the COVID-19 pandemic. Last Friday, Renault announced the “vast majority” of its F1 staff have been placed into furlough at its Enstone base with Abiteboul explaining the cost-cutting...
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