Overview

• Horner formally left Red Bull after being ousted in July, with his exit finalized last month and a reported payout of about £80m.
• Martin Brundle says Horner told him he would only return with “skin in the game,” seeking an equity stake or significant control rather than a pure management role.
• Aston Martin publicly ruled out any involvement, Haas said talks were merely exploratory and are over, and Alpine says there are no plans despite Horner’s ties to Flavio Briatore.
• Multiple outlets report the Red Bull employee accepted roughly £3m to leave and drop her claims, and she has since been seen working for another team at the Singapore Grand Prix.
• Brundle and paddock reporting highlight resistance to a twelfth team and a $450m anti-dilution fee, making a new entry difficult, with some reports indicating his severance terms could permit a return from spring 2026.