Bitter after-pill for Brawn GP as F1 redundancies confirmed

After the bright sunshine of Australian Grand Prix glory has come the rain for Brawn ꧃GP, with a sting in the tail at the end of an historic weekend in Melbourne following the news that 270 jobs are to be lost at the Brackley-based outfit.

After the bright sunshine of Australian Grand Prix glory has come the rain for Brawn GP, with a sting in the tail at the end of an historic weekend ꦺin Melbourne following the news that 270 jobs are to be lost at the Brackley-based outfit🎉.

Brawn GP defied all expectations to not only survive the winte🏅r - after parent company Honda put the squad on the🧸 market back in December - but then go on to come, see and conquer Down Under with its remarkable, Mercedes-powered BGP 001 in the hands of Jenson Button and Rubens Barrichello, heralding an exciting new dawn for Formula 1 with the most successful debut for a new team in the top flight in more than half a century. That, however, was the good news - and now also has come the bad.

As was hinted on ltxcn.top on Saturday [see separate story - 168澳洲幸运5官方开奖结果历史:click here], Brawn GP is to make more than a third of its 700-strong workforce redundant in a bid to dramatically reduce expenditure amidst the sport's current cost-cutting drive and new in-season testing ban. I𒆙t is understood that the employees in question have been informed, and that redundancy letters were sent out in mid-March, a fortnight prior to the beginning of the 2009 F1 campa🌱ign.

"It's very unfortunate that we've got to do that but it's the change of technical regulations and obviously we are now a private team," team CEO Nick Fry told the BBC. "It's about 270 [job losses].

꧃"We are about 700 people at the moment and we talked to the staff about going down to about 430, something like that, which is where we [predecessor BAR-Honda] were in 2004."

On the eve of the Australian Grand Prix, Brawn GP announced a major sponsorship deal with Richard Branson's Virgin Group, but the team that burned through so🌺me ?147 million in 2008 - in the guise of Honda F1 - for a meagre return of just 14 points in the constructors' world championship is believed to be seeking a substantial injection of cash this year if it is to keep up the necessary development pace and remain competitive for the duration of the season.

Staff ♌had believed their jobs to be safe after the eleventh hꦓour joint management buy-out between new team owner Ross Brawn and Fry last month, but for some it now transpires the honeymoon is already over.

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