News of Christian Horner stepping down as Red Bull F1 team boss has sparked speculations on a shift in power dynamics at the company, as revealed by recent documents.
The transfer of a 2% stake in Red Bull GmbH from Chalerm Yoovidhya to a trust company suggests a potential change in control within the company.
Chaleo Yoovidhya and Dietrich Mateschitz founded Red Bull GmbH, with Yoovidhya’s shares eventually being passed on to his son Chalerm.
Mateschitz had full control of the company during his lifetime, but his passing changed the leadership structure, appointing three new managing directors.
Chalerm Yoovidhya’s transfer of shares to a Swiss trust has raised questions about the reasons behind Horner’s exit, but the company remains tight-lipped on internal decisions.
