"Horner, 51, was relieved of his operational duties as F1 team principal and CEO back in July, after 20 years with the Milton Keynes-based team, having lost a power struggle at the team. No specific reason was given for his exit. Horner, technically, has remained a Red Bull employee in the two months since and had a contract in place until 2030."
"However, after negotiations spanning a number of weeks, the 51-year-old has now officially left the company, with The Times reporting that Horner has received more than £80m. The report adds that Horner can also return to Formula One next year. He has been linked with a move to Alpine, led by close friend Flavio Briatore and based close to his home in Oxfordshire."
Horner was relieved of his operational duties as Red Bull Racing team principal and CEO in July after 20 years with the Milton Keynes-based team following a lost power struggle. No specific reason was given for the exit. Horner remained a Red Bull employee for two months with a contract running to 2030. After negotiations spanning several weeks he has now officially left the company and has reportedly received more than £80m. Horner can return to Formula One next year and has been linked with a move to Alpine, near his Oxfordshire home. Horner described leading Red Bull Racing as an honour and expressed pride in the team's achievements and its people.
Read at Irish Independent
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