Overview

• Martin Brundle says Christian Horner told him he would only re-enter Formula 1 with equity in a team rather than a purely managerial role.
• Brundle notes current teams and stakeholders are pushing against expanding the grid during the run‑up to the 2026 rules reset.
• F1’s entry landscape includes a reported $450 million anti‑dilution fee and staunch protection of prize‑money shares, making a start‑up or buy‑in difficult.
• Haas confirms Horner held exploratory talks, while Aston Martin’s Andy Cowell and Alpine’s Steve Nielsen publicly dismiss any plans for his involvement.
• Coverage cites Horner’s recent split from Red Bull, alleged to include a $100 million payout, with reports indicating he is cleared to return next spring.