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The Briton has been replaced by Laurent Mekies, who is stepping up from Racing Bulls. Alan Permane will replace the Frenchman at the sister team.
During his time at Red Bull, Horner received significant support from the Thai group, which owned a 51% stake.
Research by PlanetF1 has revealed that Red Bull GmbH has recently filed documents to alter the ownership structure of Red Bull. Chalerm Yoovidhya sold his 2% stake to Fides Trustees SA, an independent Swiss trust fund. This meant the Austrian faction and the Thai group had equal levels of shareholding.
Max Verstappen has endured a difficult 2025 season by his lofty standards, as he has only taken victory twice.
The two race wins in Japan and later at Imola have been overshadowed by the lack of raw speed in the Red Bull needed to match McLaren. This has led to links to Mercedes.
Nelson Piquet Jr let slip more than he may have liked and said on the Pelas Pistas Podcast. He said, "There are weekends this year when things just don't work out. There's not much to do about it. One of their drivers is a rookie, who was then unfortunately hit by Hadjar last weekend. In any case, it was not the weekend for Mercedes. But who knows what next year might bring when Max is driving there!"