DEVELOPING: Christian Horner Sacked by Red Bull in £52m Pay-Off Deal

Breaking News: Christian Horner Sacked by Red Bull in £52m Pay-Off Deal Christian Horner has been formally sacked as team principal of Red Bull, with a reported pay-off of £52 million. The 51-year-old was given the severance deal after being released from his operational duties on July 9. He had been at the helm since the team's inception in 2005 and led them to eight drivers' championships and six constructors' titles. Horner's departure comes after a tumultuous 18 months, which included allegations of sexual harassment made against him in February 2024. He was twice cleared of the claims by internal investigations. The pay-off is reportedly worth 60 million euros, equivalent to £52 million. Horner had a contract until 2030 and earned an annual salary of £10 million. This sudden move has sent shockwaves through the Formula 1 community, with many questioning what this means for Red Bull's future in the sport. This is a developing story, and we will provide updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*