No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, October 27, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Why Christian Horner was fired by Red Bull after 20 years of service, eight F1 drivers’ titles & six championships

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 3 mins read
A A
Why Christian Horner was fired by Red Bull after 20 years of service, eight F1 drivers’ titles & six championships
Share on FacebookShare on TwitterShare on LInkedIn


Red Bull Racing announced on Wednesday that Christian Horner has been removed from his role as CEO and Team Principal with immediate effect. Laurent Mekies, previously heading Racing Bulls, has been appointed as his successor. “Red Bull has released Christian Horner from his operational duties with effect from today (Wednesday 9 July 2025) and has appointed Laurent Mekies as CEO of Red Bull Racing,” said a Red Bull spokesperson.

Christian Horner served Red Bull since the team’s entry into F1

The decision ends Horner’s two-decade tenure with Red Bull, where he led the team since its entry into Formula 1 in 2005. Under his leadership, the team secured eight drivers’ championships and six constructors’ titles.Oliver Mintzlaff, CEO Corporate Projects and Investments, said, “We would like to thank Christian Horner for his exceptional work over the last 20 years. With his tireless commitment, experience, expertise and innovative thinking, he has been instrumental in establishing Red Bull Racing as one of the most successful and attractive teams in Formula 1. Thank you for everything, Christian, and you will forever remain an important part of our team history.”

Why Christian Horner was removed?

Although no official reason was attributed to the exit, Horner’s departure follows a period of internal conflict and declining results for Red Bull Racing. Though he had been cleared twice of allegations involving sexual harassment and controlling behaviour by a female employee, tensions within the team persisted.

The team has only won two races this season, as McLaren has emerged as the frontrunner. Red Bull’s performance began to dip midway through last season despite Max Verstappen securing a fourth consecutive drivers’ championship. Verstappen managed only two wins in the last 14 races.

Live Events

Alan Permane to lead Racing Bulls as Team Principal

As part of the restructuring, Red Bull’s second team, Racing Bulls, has also announced leadership changes. Alan Permane, who was Racing Director, will now serve as Team Principal.“The last year and a half has been an absolute privilege to lead the team with Peter [Bayer, Racing Bulls CEO],” said Mekies. “It has been an amazing adventure to contribute to the birth of Racing Bulls together with all our talented people. The spirit of the whole team is incredible, and I strongly believe that this is just the beginning. Alan is the perfect man to take over now and continue our path. He knows the team inside out and has always been an important pillar of our early successes.”Permane said, “I feel very honoured to take on the role as Team Principal and would like to thank Oliver and Helmut [Marko, Red Bull advisor] for the trust they have shown in me. I am looking forward to working with Peter to continue the good work that both him and Laurent have done in taking this team forward. This is a new challenge for me, but I know that I can count on the support of everyone within them.”

Verstappen’s future uncertain amid leadership change

Horner’s removal raises fresh questions about Verstappen’s future with the team. Though contracted until 2028, Verstappen has been linked with a possible move to Mercedes.

The driver is known to prefer stability, and internal divisions have affected his comfort within the team. His father, Jos Verstappen, previously warned that the team would “fall apart” if Horner stayed following the harassment allegations.

Key exits from Red Bull in past year

The departure of Horner adds to a series of senior-level exits at Red Bull. Adrian Newey, long regarded as one of F1’s greatest designers, resigned last year. Newey cited internal politics and dissatisfaction with how his contributions were acknowledged as reasons for leaving.

Jonathan Wheatley, Red Bull’s long-time Sporting Director, left at the end of last season and is now with Sauber. Will Courtenay, head of strategy, is also set to leave and join McLaren, though Red Bull is reportedly holding him to his contract.



Source link

Tags: BullchampionshipsChristianDriversfiredHornerredServiceTitlesYears
ShareTweetShare
Previous Post

Swiss mull cancelling $380m Elbit drone deal – report

Next Post

DAX Pushes Higher as EU Edges Closer to Tariff Deal With US

Related Posts

edit post
Milei’s party on track to win Argentina election in big comeback

Milei’s party on track to win Argentina election in big comeback

by TheAdviserMagazine
October 26, 2025
0

President Javier Milei’s party is on track to finish first in Argentina’s midterm vote in early counting, putting the libertarian...

edit post
What Saudi Arabia and Bangladesh can teach Silicon Valley

What Saudi Arabia and Bangladesh can teach Silicon Valley

by TheAdviserMagazine
October 26, 2025
0

The way Saudi entrepreneur Mohammed Aldossary sees it, innovators are animated by the same motivations whether they are in Silicon...

edit post
Here are the major earnings before the open Monday

Here are the major earnings before the open Monday

by TheAdviserMagazine
October 26, 2025
0

Oct. 26, 2025 6:00 PM ETCAJPY, PKX, RVTY, ARLP, CRI, BOH, DQ, DEA, KDPBy: Deepa Sarvaiya, SA News EditorMajor earnings...

edit post
Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

by TheAdviserMagazine
October 26, 2025
0

Bed Bath & Beyond (NYSE:BBBY) is scheduled to announce Q3 earnings results on Monday, October 27th, after market close. The...

edit post
49-year-old favorite pizza chain files for Chapter 11 bankruptcy

49-year-old favorite pizza chain files for Chapter 11 bankruptcy

by TheAdviserMagazine
October 26, 2025
0

The pizza restaurant industry is one of the most competitive dining sectors in the U.S., with two pizza giants ranking...

edit post
Global central banks cut US T-bill exposure, increase gold reserves

Global central banks cut US T-bill exposure, increase gold reserves

by TheAdviserMagazine
October 26, 2025
0

Global central banks are reducing US Treasury holdings and increasing gold reserves. India's gold reserves surpassed $100 billion. Gold prices...

Next Post
edit post
DAX Pushes Higher as EU Edges Closer to Tariff Deal With US

DAX Pushes Higher as EU Edges Closer to Tariff Deal With US

edit post
Virgin Atlantic will use Musk’s Starlink for fleet Wi-Fi

Virgin Atlantic will use Musk’s Starlink for fleet Wi-Fi

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

0
edit post
OBBB Limits Tax Credits for ITIN Filers Without SSNs

OBBB Limits Tax Credits for ITIN Filers Without SSNs

0
edit post
Milei’s party on track to win Argentina election in big comeback

Milei’s party on track to win Argentina election in big comeback

0
edit post
No, Tariffs Did Not Cause September’s Budget Surplus

No, Tariffs Did Not Cause September’s Budget Surplus

0
edit post
HON Earnings: Honeywell reports higher Q3 sales and adj. profit

HON Earnings: Honeywell reports higher Q3 sales and adj. profit

0
edit post
Bitcoin surges after US and China agree on key trade issues in Kuala Lumpur talks

Bitcoin surges after US and China agree on key trade issues in Kuala Lumpur talks

0
edit post
Milei’s party on track to win Argentina election in big comeback

Milei’s party on track to win Argentina election in big comeback

October 26, 2025
edit post
HSBC to recognize .1 billion in provision after court ruling in Madoff case

HSBC to recognize $1.1 billion in provision after court ruling in Madoff case

October 26, 2025
edit post
What Saudi Arabia and Bangladesh can teach Silicon Valley

What Saudi Arabia and Bangladesh can teach Silicon Valley

October 26, 2025
edit post
US And China Signal Progress In Kuala Lumpur; Crypto Traders Take Notice

US And China Signal Progress In Kuala Lumpur; Crypto Traders Take Notice

October 26, 2025
edit post
Here are the major earnings before the open Monday

Here are the major earnings before the open Monday

October 26, 2025
edit post
Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

October 26, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Milei’s party on track to win Argentina election in big comeback
  • HSBC to recognize $1.1 billion in provision after court ruling in Madoff case
  • What Saudi Arabia and Bangladesh can teach Silicon Valley
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.