Christian Horner set to receive huge payout after being sacked by Red Bull

Red Bull could beryllium forced to manus Christian Horner a monolithic payout aft deciding to portion ways with the Englishman.

It was confirmed connected Wednesday greeting that Horner has been removed from his relation arsenic squad main and CEO.

In turn, Red Bull confirmed that Laurent Mekies volition instrumentality implicit aft being promoted from sister squad Visa Cash App Racing Bulls.

Meanwhile, Alan Permane volition regenerate Mekies astatine VCARB up of the Belgian Grand Prix, which volition instrumentality spot astatine the extremity of July.

Horner archetypal joined the Red Bull Racing squad backmost successful 2005 and led the squad to six constructors' championships and 8 drivers' satellite titles.

During his reign, Horner led Sebastian Vettel and Max Verstappen to 4 satellite titles each from 2010-2013 and 2021-2024, respectively.

Christian Horner has been axed by Red Bull. Image: Getty

After 1 of the longest squad main reigns successful Formula 1 past came to a close, Red Bull could present beryllium forced to manus Horner a large payout.

Normally, erstwhile idiosyncratic is sacked from a role, they would person a payout, often arsenic compensation, and the magnitude is usually their wage for the remainder of the contract.

How overmuch mightiness Red Bull person to wage Christian Horner?

As reported by Planet F1, Horner's declaration with Red Bull was owed to expire successful 2030.

In addition, it was antecedently claimed that Horner's wage roseate from £8.04 cardinal successful 2022 to £8.92 cardinal successful 2023.

With much than 4 years near of his contract, Horner could beryllium acceptable to person arsenic overmuch arsenic £35.68 million.

However, thing has been confirmed from Red Bull and this is presently conscionable speculation.

In a statement, Red Bull said: "After 20 years with the Team, Christian Horner departs Oracle Red Bull Racing arsenic Team Principal and CEO. We convey him for his tireless and exceptional work. He has been instrumental successful gathering this Team into 1 of the astir palmy successful F1, with 8 Drivers' Championships and six Constructors' Championships.

"Thank you for everything Christian, you volition everlastingly stay an important portion of our team's history."