Renault furloughs 'vast majority' of F1 team to end of May

Renault is the latest Formula One team to put "the vast majority" of their UK staff on enforced absence until at least the end of May due to the COVID-19 pandemic.

The management of the French carmaker is also taking a pay cut.

In a statement, it explained that "the vast majority of Enstone staff will effectively have a total shutdown (furlough) until May 31".

The carmarker is applying for UK's job retention scheme that will "guarantee a minimum of 80 per cent of the actual salary for all team members".

Three other British-based teams - McLaren, Williams and Racing Point - have already announced furloughing staff, with drivers also taking pay cuts.