FILE PHOTO: Formula One F1 - Australian Grand Prix - Melbourne Grand Prix Circuit, Melbourne, Australia - March 13, 2020 Formula One group CEO Chase Carey during a press conference after it was announced the Australian Grand Prix would be cancelled after a McLaren team member tested positive for coronavirus REUTERS/Tracey Nearmy/File Photo
LONDON (Reuters) - Formula One has put almost half its staff on furlough until the end of May due to the novel coronavirus with chairman Chase Carey and senior management also taking a pay cut, an F1 spokesman said on Tuesday.
Sources said those on furlough were mainly employees whose work was focused on race weekend activities and who could not carry out duties remotely. The Liberty Media-owned company employs in excess of 500 people.
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