Overview
- The team issued its formal announcement on Monday, with executive Oliver Mintzlaff thanking Horner for two decades of work and Horner offering a farewell statement.
- Multiple outlets report a large payout, with figures ranging from roughly €50 million to about €90 million, though Red Bull has not confirmed an amount.
- Horner had been removed from day‑to‑day duties in July and struck from UK company records in August, despite a contract reportedly running to 2030.
- Media accounts conflict on his next‑job timeline, with some suggesting he could work elsewhere in 2026 and others citing a clause keeping him out until May 2027; interest from Alpine and Haas is reported but unconfirmed.
- Laurent Mekies now leads Red Bull’s F1 effort, and recent results show an upswing as Max Verstappen won back‑to‑back races in Monza and Baku.