P1racenews AI automatic summary:
Christian Horner could LOSE nearly half of his Red Bull payout
Christian Horner, the former F1 boss of Red Bull, may lose nearly half of his payout from the team due to the official termination of his contract. Horner, who was relieved of his duties in July, was negotiating the terms of his settlement after originally being contracted until 2030. Despite reports of an £80 million payout, Horner will face a £36 million tax bill, significantly reducing his final payout to around £44 million. His personal wealth is expected to double from £40 million to £85 million after the settlement. Horner’s next move in F1 remains uncertain, with possibilities of team ownership being discussed. He is currently on gardening leave until the end of 2025 and might return to F1 as early as the first half of 2026. In the meantime, he is spending time with his family, sharing moments on social media, and planning a long-awaited honeymoon in Scotland with his wife, Geri Halliwell.
