Christian Horner gets £80m Red Bull pay off after brutal F1 axe

Red Bull axed Christian Horner as the chief executive and team principal of their main Formula 1 team in July after 20 years at the helm and must pay him an eye-watering sum as a result

Christian Horner will receive more than £80million as a pay off from Red Bull after he was axed by the Formula 1 team, it has been revealed. The 51-year-old spent 20 years in charge of the outfit but was ousted without warning in July.

He was replaced as team principal and chief executive by Laurent Mekies after the British Grand Prix but remained an employee until a settlement could be reached between himself and Austria-based energy drinks firm Red Bull GmbH regarding his departure, given he had a long-term contract.

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