Crimson Bull Racing paid Christian Horner £67m in compensation for lack of workplace after his departure as staff principal and chief government of the Method One staff, in response to accounts filed this week at Corporations Home.
The cost is disclosed within the Milton Keynes staff’s accounts for 2025, the place it’s recorded as “compensation for lack of workplace”.
Horner, 52, was additionally paid £4.4m in wage earlier than he left, taking the overall he obtained to about £67m by means of funds from the 2 Crimson Bull firms that he had been related to.
Horner left his put up in July 2025. Crimson Bull introduced on 9 July that 12 months that Laurent Mekies would take over with fast impact, shifting from the identical function at sister staff Racing Bulls, as Enterprise Issues reported on the time.
We reported in July 2025 that he had been dismissed, and that Crimson Bull gave no particular cause for the change.
Oliver Mintzlaff of Crimson Bull mentioned in a press release on the time: “We wish to thank Christian Horner for his distinctive work over the past 20 years.”
Corporations Home data present that Horner’s appointment as a director of Crimson Bull Racing Restricted was terminated on 13 August 2025. Mekies was appointed a director of the corporate on 28 August 2025, the identical data present.
Between 2005 and 2025 Horner led the staff to eight drivers’ championships, six constructors’ titles and 124 race victories, Enterprise Issues has beforehand reported.
Allegations and investigations
Horner was accused of controlling behaviour in direction of a feminine worker. He has all the time denied the claims and was twice cleared of any impropriety in inside investigations at Crimson Bull, the Day by day Mail reported.
In February 2024 a Crimson Bull spokesperson mentioned: “The impartial investigation into the allegations made towards Mr Horner is full, and Crimson Bull can verify that the grievance has been dismissed.”
Textual content exchanges mentioned to be between Horner and the worker have been made public in an electronic mail despatched to Method One figures earlier than the 2024 Bahrain Grand Prix.
The girl, whose id can’t be disclosed for authorized causes, has since parted firm with a subsequent employer in motor racing. It reported in August that she left that function forward of the Hungarian Grand Prix, and mentioned it understood her place was terminated after her new boss misplaced confidence in her “for a scarcity of discretion”.
We reported on 30 Might that he had been appointed a sports activities investments adviser by Oakley Capital, the London non-public fairness agency based by Peter Dubens.
Dubens mentioned on the time: “Christian Horner is extensively recognised as a extremely profitable chief in world sport.”
Oakley’s sports activities investments embrace GB1, the America’s Cup staff previously often called Athena Racing, the padel racket model NOX, Vice Golf and North Sails.
Horner is married to Geri Halliwell, 54, the previous Spice Women singer, who has publicly stood by him because the information broke. The couple have three kids and divide their time between properties in Oxfordshire and London.
Paul Jones
Harvard alumni and former New York Instances journalist. Editor of Enterprise Issues for over 15 years, the UKs largest enterprise journal. I’m additionally head of Capital Enterprise Media’s automotive division working for shoppers equivalent to Crimson Bull Racing, Honda, Aston Martin and Infiniti.
