Overview
- Red Bull issued a formal statement confirming Horner’s departure, with executive Oliver Mintzlaff thanking him for two decades that delivered six constructors’ and eight drivers’ titles.
- Financial terms were not disclosed, but multiple outlets report a multi‑million‑pound payoff variously cited between about £52 million and more than £80 million.
- Horner had been relieved of operational duties on July 9 and replaced as team principal by Laurent Mekies, remaining an employee until the settlement was finalized.
- Several reports indicate the agreement includes a defined gardening‑leave period, with one outlet specifying nine months from July 9, 2025, potentially freeing him from April 2026.
- Horner was previously accused of inappropriate behaviour by a colleague and was cleared in internal and independent reviews, a backdrop to wider internal power tensions preceding his exit.