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Christian Horner is set to pocket a staggering £80million pay-off from Red Bull after being unceremoniously dumped by the Formula 1 team, it has emerged. ‌

The 51-year-old was at the helm of the outfit for two decades before his abrupt dismissal in July . ‌

He was succeeded as team principal and chief executive by Laurent Mekies following the British Grand Prix, but remained on the payroll until a settlement could be negotiated with Austria-based energy drinks giant Red Bull GmbH over his departure, given his long-term contract. ‌

It was revealed last month that the final ties had been severed, with documents submitted to Companies House on Thursday, 14 August, confirming Horner's official termination as a director of all three UK-registered firms li

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