P1racenews AI automatic summary:
Christian Horner has agreed a severance package with his former Red Bull team, in a deal that it is understood allows him to return to a Formula 1 role elsewhere next year
Christian Horner and his former Red Bull team have reached an agreement on a severance package, allowing him to pursue a Formula 1 role elsewhere next year. This decision comes after Horner was dismissed by Red Bull following the British Grand Prix and promptly replaced by Laurent Mekies. After extensive discussions with Red Bull’s parent company, it was confirmed on Monday that Horner has officially departed from the team he helped develop. While specific terms of their settlement remain undisclosed, reports suggest the package could be valued at up to $100 million over the next five years, compensating for potential future earnings under his previous contract that extended until 2030. Despite his departure, an important aspect of the deal involves Horner’s potential return to Formula 1, possibly by the first half of 2026, following restrictions on joining a rival team immediately. Red Bull expressed gratitude towards Horner’s contributions over his 20-year tenure, with both Horner and the team affirming their pride in their achievements and the bonds formed throughout their successful partnership.
