Horner accepts Red Bull retirement package

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Two months after being fired as Crimson Bull Racing’s group principal, Christian Horner accepted the Crimson Bull retirement package deal, which formally terminated his relationship with the group.

CEO Oliver Mintzlaff mentioned:

“His tireless dedication, expertise, experience and modern pondering helped him set up Crimson Bull Race as one of the profitable and interesting groups in Components 1. All, Christian, you’ll stay an essential a part of our group’s historical past.”

The group’s assertion didn’t present particulars on phrases of the settlement, however numerous retailers have figures between $700 million and $100 million.

Horner has led the Crimson Bull race since its founding in 2005, main the group to 6 constructors championships, eight driver titles, a 124 Grand Prix victory and 107 poles.

He reported a wage of 12 million euros ($14.1 million) on the contract he ran till 2030 when he was launched from duties in July and changed by Laurent Mekies.

Studies say Horner could also be allowed to return to Components 1 with one other group quickly subsequent yr.

“The principle races at Crimson Bull had been honor and privilege,” Horner mentioned.

“After we first began in 2005, none of us may think about a journey forward, whether or not it’s championships, races, individuals, reminiscences, and so forth. I’m extremely happy with what we now have achieved as a group.

“However for me, my biggest satisfaction is to assemble and information the group of probably the most superb teams of proficient people, thrive as a subsidiary of an power drinks firm, and beat a number of the world’s largest automotive manufacturers.”

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