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3w ago

Horner on Leave as Red Bull Appoints Mekies and Halliwell-Horner’s Publisher Posts £1m Deficit

Supporting her husband from their country estates, Halliwell-Horner faces creditor pressure after Falcon Queen Productions posted a £1 million loss.

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Scuderia Ferrari team principal Fred Vasseur and Oracle Red Bull Racing Team Principal Christian Horner arrive in the paddock together during qualifying ahead of the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez on October 26, 2024 in Mexico City, Mexico.
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Overview

  • Christian Horner has been placed on gardening leave after his sudden removal by Red Bull and replaced as team principal by Laurent Mekies.
  • His departure comes despite two independent investigations clearing him of past misconduct allegations.
  • Geri Halliwell-Horner remains publicly supportive, dividing family life between their Oxfordshire and Hertfordshire estates.
  • Their horse-racing company established in 2021 remains profitable, with retained earnings rising to £220,000 in the latest accounts.
  • Falcon Queen Productions recorded a £1 million deficit for the year ending August 2024 and carries over £1.1 million in creditor liabilities.