The 51 -year -old pilot could receive a large compensation after his dramatic dismissal.
Christian Horner could receive a large compensation between 50 and 60 million pounds from Red Bull after dismissal on Wednesday. After 20 years in command, the 51 -year -old pilot was relieved of his positions as a team director and CEO with immediate effect, and Laurent Mekies was confirmed as his substitute.
His dismissal occurred after reports of internal conflicts in Red Bull after his difficult start to the season. After knowing his dismissal, it is said that Horner directed an emotional speech to the staff at the headquarters of the team in Milton Keynes. It is estimated that he still has five and a half years of contract left, which means that he could now receive considerable compensation.
According to The Telegraph, the Red Bull Technology Ltd. accounts indicate that the remuneration of its best paid director, presumably Horner, increased by 11%, to 8.92 million pounds, in 2023. It is almost certain that the figure will increase again after the victory of Max Verstappen in the pilot championship in 2024.
Horner had reported that he had committed his future with Red Bull until the end of the 2030 season. If his lawyers press to pay the rest of his contract in its entirety, he could receive compensation of up to 60 million pounds for his dismissal.
According to Celebrity Net Worth, Horner currently has a heritage of about 36.8 million pounds. Given its history, it is almost certain that you will receive attractive offers to return to F1, although you have not yet indicated whether you will take a break from sport.
During his term, Red Bull won eight pilot titles and six of builders. Hours after leaving Milton Keynes on Wednesday, Horner published on social networks an emotional message to all with whom he worked during the last two decades.
“After an incredible career of twenty years together, with great regret I say goodbye today of the team I have loved a lot,” he wrote on Instagram. “Each of you, the incredible people from the factory, has been the soul of everything we have achieved.
“We won and lost, in every step of the road, we have supported each other as one and I will never forget it. It has been a privilege to be part and lead this epic team, and I am very proud of our collective achievements and all of you.”
