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Horner's bumper pay-off

NEWS STORY
08/10/2026

Christian Horner received a £100m pay-off from Red Bull following his dismissal.

The Briton, who recently announced that a job on the payroll at Ferrari would be his dream, was fired by the Austrian team last summer, almost a year after allegations of 'inappropriate behaviour' first surfaced.

Though a number of investigations failed to prove any wrongdoing, the damage was done as factions within the team clearly wanted him out and risked tearing the Austrian outfit apart in the process.

Now, newly filed accounts at Companies House in London reveal that Horner received £33.494m ($44.2m)from Red Bull Racing as "compensation for loss of office", along with £4.441m ($5.86m), being his annual remuneration.

Additionally, Red Bull Technologies paid him £66.988m ($88.35m) for loss of office, along with £9.029m ($11.9m), which, again, was his annual remuneration.

Consequently, his compensation totalled £100.482m ($132.5m), not forgetting the £13.47m ($17.8m) that was his annual remuneration.

While Horner held directorships at both Red Bull Powertrains and Red Bull Advanced Technologies, according to their accounts the directors' remuneration was paid by other companies within the Red Bull Group.

Meanwhile, McLaren Racing's financial report reveals that on the back of £588.5m ($776m) in revenue in 2025, up around 20% on 2024, Zak Brown was paid a base salary of £8.215m ($10.8) along with £73.682m ($97.2m) in "incentive payments". This was up from £6.126m ($8.1m) and £31.077m ($40.9m) a year earlier.

That said, it is claimed that the incentive payment was linked to a share award that was triggered when the company's owners bought the 30% stake previously held by outside investors.

Sales were up from £375m ($494m) in 2024 to £534.3m ($704m) in 2025, while the gross profit was down almost 50% on the previous year.

At the end of the day, the Woking team recorded a loss of £42.8m ($56.4m) compared to a £48.5m ($63.9m) profit in 2024. However, after interest and tax were applied, the loss was down £17.4m ($22.9m), albeit compared to a £53.8m ($70.9m) profit in 2024.

Even at a time almost all the teams are said to be worth "north of a billion" these are absolutely staggering figures.

Horner and Brown are/were both employees, whereas the likes of Ron Dennis, Eddie Jordan and Paul Stoddart laid their own money on the line.

At a time Stefano Domenicali - on £7.999m ($10.5) a year, according to F1's accounts, this being made up of salary and exercised share options - is pushing the 'sport' further and further into the entertainment business, it explains why, not least in the aftermath of last weekend's fiasco, the teams remain silent, indeed fully on board and complicit.

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READERS COMMENTS

 

1. Posted by Anthony, 37 minutes ago

"Very interesting analysis. No doubt other team principals are also rewarded very well. It does indeed provide insight into why the teams appear to be silent on the current disastrous PU regulations and the fiasco last weekend.

My fear is that it has gone so far down the “anything goes providing it’s entertaining the masses” route that it will be difficult to bring it back to the sport that captivated so many of us in the past. "

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