More drama for the Horner family as Geri Halliwell faces significant debt

The former Spice Girl, now Horner’s wife, isn’t involved in racing, but Horner’s dismissal has clearly had an impact on her as well.

Geri is focused on other ventures, including work with her former publishing company, Falcon Queen Productions.

According to The Standard, that company has now racked up debts of over one million pounds — more than €1.15 million. This news surfaced just days after Horner’s departure, revealing that her company is currently in the red.

Two years ago, the debt stood at around £275,000; a year later, it jumped to £750,000. Now, it has surpassed the million-pound mark.

The Mirror reports that her main company, Wonderful Productions, actually earned £2.16 million (almost €2.5 million) in just one year.

Founded at the peak of the Spice Girls’ success, the company has generated income from music and sponsorship deals — so wiping out a million isn’t out of the question.

Moreover, Horner and Geri will have plenty in their bank accounts — and that’s not even factoring in the severance package Horner is likely to receive. He’s still under contract with Red Bull until 2030, so a substantial payout is definitely on the horizon.