Overview

• Red Bull issued a statement confirming Horner’s departure, with Horner and executive Oliver Mintzlaff exchanging formal tributes to his 20-year tenure.
• Financial terms were not disclosed, with media reports varying from about £52 million to more than £80 million (up to roughly $100 million).
• Multiple outlets report the agreement sets a gardening‑leave period that could allow Horner to take another F1 role in the first half of 2026.
• Horner had been removed from operational duties on July 9 and replaced by Laurent Mekies, during a stretch that followed on‑track dips and internal divisions reported by several publications.
• Earlier allegations of inappropriate behavior were investigated, with Horner denying wrongdoing and being cleared internally and later by an independent KC.