Overview

• Red Bull confirmed Horner’s formal departure on Monday, ending his employment after he was removed from operational duties on July 9 and succeeded by Laurent Mekies.
• Financial terms were not disclosed, but multiple outlets report a multi‑million settlement variously put around £80 million, with other reports citing figures from about £52 million to as much as $100 million.
• Reporting indicates the agreement shortens gardening‑leave restrictions, with sources saying he could take another F1 role in the first half of 2026.
• Horner’s contract had been due to run until 2030, and several reports say the payout is reduced from the full value in exchange for an earlier return window.
• During his tenure since 2005, Horner oversaw eight drivers’ and six constructors’ titles, with his exit following a governance power struggle within Red Bull’s ownership structure.