NASCAR

Coronavirus Outbreak: NASCAR orders pay cuts for employees of racing series


Charlotte, N.C : NASCAR informed its staff Tuesday that pay cuts will be imposed across the company until the series returns to racing.


NASCAR President Steve Phelps announced the moves in a memo to employees, a copy of which was obtained by The Associated Press from a person who requested anonymity because of the sensitivity of the situation.


"With the temporary postponement of our season and the impact of the coronavirus is having on every part of our business, we will have to adjust our operations in several significant ways," Phelps wrote.


"These decisions are difficult but necessary for the health of our company as we work through this crisis and address the long-term business needs of our sport," he added.


NASCAR was four races into the season — the longest in sports at almost 11 months — when the coronavirus brought the series to a halt.


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