US EditionChristian Horner Already Linked With Four Rival F1 Teams
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f1chronicle.comChristian Horner Already Linked With Four Rival F1 Teams
Formula 1 News: Horner already linked with four rival F1 teams
(GMM) Just as Christian Horner’s 20-year adventure at Red Bull ends, a new one could be just around the corner. The 51-year-old was sacked this week, perhaps because his key … Read More The post Formula 1 News: Horner already linked with four rival F1 teams appeared first on AutoRacing1.com.
Horner already linked with four rival F1 teams
Jul.11 Just as Christian Horner's 20-year adventure at Red Bull ends, a new one could be just around the corner. The 51-year-old was sacked this week, perhaps because his key supporter, Chalerm Yoovidhya, recently saw his 51 percent stake in the energy drink company diminished to 49 percent – equalising the power with the Austrian side...
Red Bull Thai owner recently transferred shares – giving the Austrians control to sack Horner
Today feels like the day after the Lord Mayor’s show - to coin a phrase. After the bombshell news dropped that Formula One’s longes standing team principals was sacked by Red Bull parent company directors. Christian Horner was under the cosh last year when confidential documents emerged from an independent enquiry which suggested he had…
Christian Horner's dismissal from Red Bull seems to be the loss of a long game of failures that began last year between him and Helmut Marko, with in the background a struggle of power between the Austrian clan and the Thai owner. Indeed, Red Bull GMbH had been co-founded by Dietrich Mateschitz and Chaleo Yoovidhya, who initially had 49% of the shares each. To equalize their involvement, Yoovidhya had recovered 2% more of the company's shares to…
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