Overview

• Oracle Red Bull Racing issued a statement confirming Horner’s departure, formally closing his two-decade tenure.
• British outlets report a settlement of about £80 million (roughly $107–110 million), though the team did not disclose terms.
• Horner’s contract had been due to run until 2030, and reports indicate the payment covers a large portion of the remaining deal.
• He was removed from operational duties on July 9, with Laurent Mekies named as his immediate replacement as team principal.
• With contractual ties severed, Horner is free to consider offers, and pundits point to Alpine as a plausible destination while Renault leadership has denied talk of an Alpine acquisition.