Christian Horner Receives £80M Red Bull Settlement, Plans F1 Return in 2024

Christian Horner, the former Red Bull Racing team principal, has received a substantial severance package reportedly exceeding £80 million after his contract was terminated early, which was initially set to run until 2030. Despite this lucrative payout, Horner, whose net worth was previously estimated around £41.4 million, and his wife, Spice Girls star Geri Halliwell, whose fortune largely comes from her music and acting career, together have an estimated combined net worth of around £440 million. Horner's departure followed a series of underwhelming performances and internal disputes at Red Bull, but he remains eager to return to Formula 1 and is expected to be free to join a rival team early in the next season after completing his gardening leave. Speculation surrounds potential teams for Horner's comeback, with Alpine and Ferrari mentioned, though no formal negotiations have been confirmed. His settlement agreement notably allows him to re-enter the sport within nine months, which Horner values highly over a larger payout that would delay his return. Horner's influence in F1 is significant, having led Red Bull to six Constructors' and eight Drivers' Championships during his tenure.