#christian-horner
#christian-horner
[ follow ]
#red-bull-racing #formula-one #formula-1 #laurent-mekies #max-verstappen #team-management #f1 #team-principal
fromwww.theguardian.com
3 weeks agoTurbulent end at Red Bull fails to deter Christian Horner's potential new suitors | Giles Richards
When Christian Horner announced to the staff at Red Bull he had been dismissed by the company to whom he had dedicated 20 years of his life, he was, understandably, reduced to tears. On Monday that parting was formally sealed with a multimillion pound settlement and Horner is free to move on. It is all but impossible to imagine he will not attempt to hurl himself back into Formula One, doubtless spurred-on by having a point to make to his former employer.
Business
fromLondon Business News | Londonlovesbusiness.com
3 weeks agoChristian Horner could have to pay HMRC 45% of his 80m settlement to leave Red Bull - London Business News | Londonlovesbusiness.com
His Majesty's Revenue and Customs will take approximately 45% of Christian Horner's reported £80million settlement for leaving his role at Red Bull according to analysts at OLBG. The 51-year-old, who was valued a reported £40,000,000 prior to this windfall, will more than double his net worth once taxes have been paid to the state. Fortunately for Horner, he should not have to pay National Insurance as termination payments are not generally considered as earnings.
Business
[ Load more ]