Majority of F1 teams see gender pay gap hit 25 per cent

Racing Point only UK-based team to hit sub-18 per cent wage gap.

Majority of F1 teams see gender pay gap hit 25 per cent

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The six UK-based Formula One teams are paying female employees as much as 25 per cent less per hour compared to male employees, it has been revealed by the Independent.

Under UK law, the Equality Act of 2018 requires companies with more than 250 employees to disclose the gender pay gap between men and women.

With the UK-based Formula One teams employing a combined 4,023 staff, the Independent report that perennial strugglers Williams were found to have paid women 25 per cent less than that of their male counterparts.

Ironically, Williams employs the highest-ranking woman in any Formula One team. Claire Williams, daughter of team founder Sir Frank Williams, is the team’s deputy team principal.

Despite this, just 17.6 per cent of the Williams workforce for 2018 was female, a slight increase on the 13.3 per cent recording they filed for 2017.

Claire Williams said: “At the current rate of change, it will be many years before we, as a business, as an industry and as a society, reach a point of equality.

“[We] will continue to promote more women in the workplace and support their progression within our business, as these steps are key to any sustainable and successful organisation.”

Racing Point Force India, who were saved from the brink of administration by Canadian businessman Lawrence Stroll last year, paid their female employees 12.6 per cent less than men, making it the only British team to go below the 18 per cent average gap.

Every other British team was found to have exceeded the national average pay gap of 18 per cent.

On average, women earned UK£0.81 (US$1.04) for every UK£1 (US$1.29) that men earned last year in Formula One, putting the gender pay gap just above the 18 per cent national average.

In response to the filings, Formula One owners Liberty Media stated: ‘The motorsport industry remains predominantly male, largely because of the lack of women choosing to pursue careers in science, technology and engineering.

‘Closing the gender pay gap remains a top priority for the Formula One leadership team. Addressing this issue will take time but we are in no doubt that the steps we are taking to improve female representation in our business will have a positive impact in the long-term.’

There remains no female Formula One driver but the newly-launched all-female W Series is aiming to propel women into the world of motorsport.