Red Bull release official statement as Christian Horner departs

Red Bull GmbH has released an official statement following the news
of Christian Horner's formal departure from Red Bull Racing. 
Horner was sacked as a team principal and CEO on July 9th, but was
only removed from F1 operational duties and did not leave
employment.  However, that has now changed with a severance package
being agreed between Horner's lawyers and Red Bull GmbH –
reportedly worth up to €60 million for his Red Bull Racing work
alone.  It is understood Horner has agreed a gardening leave period
of nine months from July 9th, meaning he could be free to work for
another team from April 9th, 2026. In the official statement
announcing Horner's formal departure, Red Bull CEO of corporate
projects Oliver Mintzlaff delivered a short statement. "We would
like to thank Christian for his exceptional work over the last 20
years," he said. "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." Mintzlaff is the figure responsible for Red Bull's
sporting projects, including both F1 teams, Red Bull Racing and
Racing Bulls. There was no statement from motorsport advisor Helmut
Marko, with whom Horner had a fractious relationship.