P1racenews AI automatic summary:
Christian Horner has spoken of the pride of his two decades in charge of Red Bull, after formally leaving the F1 giants, having agreed a financial settlement.
After two decades leading Red Bull, Christian Horner expressed pride in his tenure after reaching a financial settlement and stepping down as Team Principal and CEO, with Laurent Mekies taking over.
Reports suggest a payout between £50-80 million, marking one of the biggest payouts in sports history and ending Horner’s reign as the team’s only boss since its formation in 2005.
Under Horner’s leadership, Red Bull rose from newcomers to World Champions, securing six Constructors’ Championships and eight Drivers’ Championships.
Following a private life controversy and subsequent power struggle, high-profile figures like Adrian Newey and Jonathan Wheatley left the team, with Horner wishing Red Bull continued success under new leadership.
