Overview

• Christian Horner was removed as team principal on July 9 and stripped of operational duties while remaining on Red Bull’s payroll.
• Red Bull is negotiating a severance package of around £50–60 million under Horner’s contract running through 2030.
• His exit terms include a ban on taking up another Formula 1 role until early 2026.
• Ferrari and Alpine have been mentioned as potential suitors, which Red Bull could cite to seek a reduction in his payout if he accepts a new position promptly.
• The dismissals of Paul Smith and Oliver Hughes underscore a wider leadership reshuffle as Red Bull GmbH reasserts control.