Red Bull accounts reveal Christian Horner pay rise before exit, with £80m payoff to hit 2025

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2024 numbers show modest profit — and a looming one‑off cost

Red Bull’s 2024 accounts show former team boss Christian Horner received a pay rise before his departure, with the sizeable payoff package — reported at around £80 million — to be reflected in the 2025 financials. Despite the leadership turbulence, the team posted another modest profit for 2024.

The figures underline two contrasting realities: continued commercial and competitive strength on track, and a significant one‑time expense ahead that will weigh on next year’s bottom line.

What it means

  • Profit in 2024 confirms robust operations.
  • The Horner settlement will be accounted for in 2025, impacting headline results.
  • Operational focus remains on sustaining performance amid leadership transition.

All eyes now turn to how the 2025 accounts absorb the exit cost — and whether Red Bull can maintain the on‑track form that keeps the financial engine humming.

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