Horner Reaches Agreement with Red Bull, Secures Multi-Million Pound Payout
[World-Today-News.com] – Christian Horner, the recently departed team principal of Red Bull Racing, has reached a final agreement with the Formula 1 team, bringing an end to weeks of speculation surrounding his exit and potential compensation. While Red bull remains tight-lipped on the exact figure,reports suggest a substantial payout for the highly triumphant motorsport executive.
Horner stepped back from his role as team manager amidst an internal investigation, and the agreement now finalizes the terms of his departure.Red Bull confirmed the agreement in a brief statement Monday, offering no details on the financial arrangements.
though, multiple sources are reporting widely varying figures.The Daily Mail and The Times claim Horner will receive £80 million (over NOK 1 billion), reflecting the remaining value of his contract which ran untill 2030. Motorsport suggests a figure between $70 and $100 million USD, while the BBC reports a figure closer to €60 million (NOK 700 million), citing sources close to the broadcaster.
The discrepancy in reported amounts highlights the complexities of the negotiation. The Daily Mail also reports that Horner stood to earn approximately £110 million (almost NOK 1 billion) had he remained with Red Bull through 2030, a sum Red Bull successfully negotiated down.
Crucially, the agreement appears to allow Horner to potentially return to a role within Formula 1 as early as
