Red Bull chiefs ‘at loggerheads’ over Christian Horner amid investigation
Christian Horner’s future at Red Bull is up within the air amid information his bosses cannot make their minds up about him.
The Englishman was the topic of an investigation this month following accusations of inappropriate behaviour, led to by an unnamed feminine colleague of Horner’s. The 50-year-old denies the allegations.
The investigation, which was performed externally by a specialist barrister, was accomplished on Monday and Red Bull are set to announce the outcomes this week. According to studies, the group’s main shareholders are “at loggerheads” having failed to come back to a consensus on what motion, if any, needs to be taken towards their group principal.
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It’s understood that Mark Mateschitz, who owns 49% of the corporate, needs to dismiss Horner instantly, whereas Chalerm Yoovidhya, who owns 51%, thinks he ought to keep.
Mateschitz, who inherited his father Dietrich’s shares following his demise in 2022, thinks that retaining Horner would run the danger of additional allegations popping out of the woodworks, which may disrupt Red Bull’s season.
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(Image: Getty Images)
(Image: NurPhoto by way of Getty Images)
Yoovidhya, who like Mateschitz inherited his shares after his father Chaleo’s passing, is satisfied the corporate ought to face by Horner contemplating his years of service. In any case, Red Bull need the matter resolved this week to keep away from the controversy spilling over into the beginning of the F1 season, which begins in Bahrain this weekend.
Horner is F1’s longest-serving group principal having been on the helm of Red Bull since they entered the game in 2005 and has overseen the successful of six constructors’ and 7 drivers’ titles.
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At Red Bull’s 2024 automobile launch earlier this month, Horner advised the media it was “business as normal” for the group. He mentioned: “Of course, the allegations is a process that Red Bull are running through and have confirmed that process externally, but obviously there’s a job to do and I deny fully the accusations that have been made, and my role obviously continues.”
