P1racenews AI automatic summary:
Christian Horner set for eye-watering multi-million Red Bull payout sum – report
According to reports, Christian Horner is set to receive a payout of €60 million from Red Bull as part of his severance package. Horner’s dismissal on July 9th came after 20 years at the helm, following a performance slump and team fractures. He faced allegations of inappropriate behavior in February 2024 and was removed from operational duties. Horner’s lawyers negotiated the severance package with Red Bull, securing €60 million. Despite the dismissal, he could potentially sign with another team from summer 2026. The nine-month period post-dismissal could see Horner join a new team from April 9th, 2026, as per reports from de Telegraaf. The official payout amount will be disclosed in Red Bull Racing’s financial statements, released on Companies House by September 30th, 2026.
