Christian Horner has officially left the Formula 1 racing team Red Bull after agreeing an exit package thought to be in the region of £75m, following his sacking in the summer.

Horner, 51, was in July relieved from his dual roles as Red Bull Racing team principal and chief executive after two decades in charge.

Negotiations have since taken place over his severance deal, given he was still owed more than £100m from a contract that had been due to run until the end of 2030.

Red Bull announced on Monday an agreement had been reached, with Sky Sports F1 understanding that Horner accepted a reduced payout of around £75m to ensure he will be allowed to return to the motor sport as soon as the summer of 2026.

Oliver Mintzlaff, chief executive of corporate projects and investments, sa

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