SM
Barcelona vs. Valencia: 1 day 4 mins
Upcoming predictions and previews
Collect News Data

Report: Horner targets CEO role at Red Bull's parent company

:Headline: Report: Horner targets CEO role at Red Bull's parent company:
Christian Horner is reportedly eyeing the position of CEO within the energy drink giant, amidst the ongoing scandal and power dynamics at Red Bull Racing, hinting at ambitions that extend beyond the realm of Formula 1.
Sports Mole

Christian Horner is reportedly eyeing the position of CEO within the energy drink giant, amidst the ongoing scandal and power dynamics at Red Bull Racing, hinting at ambitions that extend beyond the realm of Formula 1.

Bild, Germany's largest newspaper, has noted Horner's growing closeness with Red Bull's 51 percent shareholder, Chalerm Yoovidhya, especially following the shift in company power dynamics after Dietrich Mateschitz's passing in late 2022.

"Horner initially wanted shares in Red Bull Racing," state correspondents Helmut Uhl and Michel Milewski. "He failed, but he did secure the marketing rights of the sister team Alpha Tauri."

According to Bild, Horner then aimed for the CEO role of the parent company GmbH, currently shared by three members of the Austrian faction post-Mateschitz.

The unfolding scandal early in 2024 has cast a shadow over Horner's aspirations and stirred speculations about its potential impact on Red Bull's retention of Max Verstappen.

"I'm not really concerned about it," the triple world champion mentioned to The Project program in Australia when questioned about the situation. "I have a contract in 2028, which I think says enough."

Meanwhile, reports suggest that Adrian Newey, Red Bull's top designer, is in "well advanced" discussions with Ferrari about a stunning move to the Italian team.

Horner reportedly believes Alex Albon could step into Verstappen's shoes at Red Bull, with the added advantage of Albon's Thai heritage aligning with Yoovidhya's.

In response to inquiries about Verstappen potentially moving to Mercedes, Dr. Helmut Marko, Red Bull's senior consultant, maintained a tight lip: "That's internal information. You can't seriously expect an answer from me," he told the Osterreich newspaper.

It has been revealed that Horner was unaware of a 'Marko clause' retroactively added to Verstappen's new contract in 2022, which would allow Verstappen an exit if Marko is removed or departs.

When questioned whether he'll attend all 24 Grand Prix in a Red Bull uniform this season, the 80-year-old Marko commented, "I'm booked, but that doesn't mean much yet."

body check tags ::

amp_article__539432 : Collect and Make Data not in DataBase  : 
last updated article - 2024-03-21 19:19:14:
html db last update - 2024-03-21 10:28:06 :

ex - 7200 : read : write cache and make html

Click here for more stories about Christian Horner

Click here for more stories about Red Bull

Share this article now:
RB
Read Next:
Horner wants to be energy drink CEO - report
>


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!
Read more about Christian Horner Max Verstappen Helmut Marko Alex Albon Dietrich Mateschitz Adrian Newey Formula 1
Follow @SportsMole for the latest breaking news stories, and follow @sm_headlines to get every headline from Sports Mole
Recommended Next on SM
Horner wants to be energy drink CEO - report
Champions Man City continue title charge with win at Forest

Page options

Premier League Table
TeamPWDLFAGDPTS
1Arsenal35255585285780
2Manchester CityMan City34247382325079
3Liverpool35229477364175
4Aston Villa35207873522167
5Tottenham HotspurSpurs33186967521560
6Manchester UnitedMan Utd34166125251154
7Newcastle UnitedNewcastle341651374551953
8West Ham UnitedWest Ham351310125665-949
9Chelsea33139116359448
10Bournemouth35139135260-848
11Wolverhampton WanderersWolves35137154855-746
12Brighton & Hove AlbionBrighton341111125257-544
13Fulham35127165155-443
14Crystal Palace351010154557-1240
15Everton35128153748-1136
16Brentford3598185260-835
17Nottingham ForestNott'm Forest3579194262-2026
18Luton TownLuton3567224877-2925
19Burnley3559213870-3224
RSheffield UnitedSheff Utd3537253497-6316
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.

history www

This weekend's permutations: Who can be crowned champions, win promotion or suffer relegation?

NEW

1

TW

Champions Man City continue title charge with win at Forest

NEW

2

CM

"Nothing has changed" - Xavi insists "key" Barca star will stay at club

NEW

3

&H

Bukayo Saka matches Ian Wright feats in pulsating North London derby

4

BS

"He was outstanding" - Postecoglou hails Tottenham star after derby defeat

5

&W

"A threat" - Ten Hag praises much-criticised Man United man

6

&T

Erik ten Hag explains controversial decision in Burnley draw

7

ET

Arsenal survive Spurs fightback in chaotic North London derby

8

AS

Real Madrid surprisingly name trio in squad for Bayern clash

9

RM

"I hope he renews" - Xavi desperate for 32-year-old to pen new Barcelona deal

10

&H


. . . . . . . . . . . . . . .