No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, May 5, 2026
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
10 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
Sebi seeks to align securitisation framework with RBI regulations

Sebi seeks to align securitisation framework with RBI regulations

by TheAdviserMagazine
May 4, 2026
0

Mumbai: The Securities and Exchange Board of India (Sebi) on Monday proposed easing securitisation norms, including relaxing the 25% cap...

edit post
Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time

Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time

by TheAdviserMagazine
May 4, 2026
0

Britney Spears pleaded guilty through her lawyer Monday to a lesser charge that will allow her to avoid jail time after...

edit post
Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war

Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war

by TheAdviserMagazine
May 4, 2026
0

A top oil and gas producer in West Texas’ booming Permian Basin declared a “green” light for the reluctant U.S....

edit post
US stocks today: US stocks fall from record high on Middle East worries

US stocks today: US stocks fall from record high on Middle East worries

by TheAdviserMagazine
May 4, 2026
0

Wall Street ended lower on Monday, with the S&P 500 retreating from record highs, after a South Korean ship was...

edit post
A United Airlines plane hits a truck and light pole while landing at Newark airport

A United Airlines plane hits a truck and light pole while landing at Newark airport

by TheAdviserMagazine
May 4, 2026
0

A United Airlines jet came dangerously close to disaster Sunday when it hit a semitrailer truck and light pole on the New...

edit post
Cisco to acquire Israeli co Astrix Security

Cisco to acquire Israeli co Astrix Security

by TheAdviserMagazine
May 4, 2026
0

US tech giant Cisco (Nasdaq: CSCO) has announced its intention to acquire Israeli cybersecurity company Astrix Security. No financial...

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
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
The Stevia Loophole Why Some Sweetened Drinks are Still SNAP-Legal While Others are Banned in Texas

The Stevia Loophole Why Some Sweetened Drinks are Still SNAP-Legal While Others are Banned in Texas

April 4, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
Markets and Reputations vs Shenanigans

Markets and Reputations vs Shenanigans

0
edit post
Bitget Wallet: Prediction Markets Will Consolidate in Liquidity but Spread in Access

Bitget Wallet: Prediction Markets Will Consolidate in Liquidity but Spread in Access

0
edit post
How to Format and Optimize Your Resume as an Older Worker

How to Format and Optimize Your Resume as an Older Worker

0
edit post
Sell in May and Go Away? Not This Year as Nasdaq 100 Leads the Charge

Sell in May and Go Away? Not This Year as Nasdaq 100 Leads the Charge

0
edit post
401(k) credit may need nudge from advisors and CPAs

401(k) credit may need nudge from advisors and CPAs

0
edit post
Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war

Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war

0
edit post
Vornado Realty Trust Releases Q1 2026 Financial Results

Vornado Realty Trust Releases Q1 2026 Financial Results

May 4, 2026
edit post
Dogecoin Has Entered The Zone That Led To The 2021 26,000% Surge And The Target Is Above

Dogecoin Has Entered The Zone That Led To The 2021 26,000% Surge And The Target Is Above $2

May 4, 2026
edit post
Sebi seeks to align securitisation framework with RBI regulations

Sebi seeks to align securitisation framework with RBI regulations

May 4, 2026
edit post
PlayStation Agrees to .85M Class Settlement. Are You Eligible?

PlayStation Agrees to $7.85M Class Settlement. Are You Eligible?

May 4, 2026
edit post
5 Consequences Of Giving Out Your Phone Number to Anyone

5 Consequences Of Giving Out Your Phone Number to Anyone

May 4, 2026
edit post
Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time

Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time

May 4, 2026
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

  • Vornado Realty Trust Releases Q1 2026 Financial Results
  • Dogecoin Has Entered The Zone That Led To The 2021 26,000% Surge And The Target Is Above $2
  • Sebi seeks to align securitisation framework with RBI regulations
  • 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.