P1racenews AI automatic summary:
This is the management structure at the Red Bull F1 team following Christian Horner’s abrupt sacking.
Following the decision to remove Christian Horner from his long-held role as team principal and CEO of Red Bull Racing, the team’s leadership hierarchy has drawn significant attention.
Horner officially stepped down after the F1 British Grand Prix, marking the end of his 20-year tenure with the team.
Thai businessman Chalerm Yoovidhya, the majority shareholder of Red Bull with a 51% ownership, is reported to have approved Horner’s dismissal despite being a former ally.
Austrian billionaire Mark Mateschitz, who inherited ownership from his father Dietrich Mateschitz, now holds 49% of Red Bull GmbH and boasts a net worth of $39.6 billion.
Oliver Mintzlaff, the CEO of corporate projects and new investments at Red Bull, played a pivotal role in advocating for the leadership change at the team.
Laurent Mekies, previously team principal at Racing Bulls, has been appointed as the new team principal and CEO following Horner’s departure, with a background in Ferrari and FIA.
Helmut Marko, a long-term ally of Red Bull and mentor in the young driver program, continues his role as a consultant and advisor with significant influence, particularly over driver Max Verstappen’s future.
