‘Thai major shareholder wants to give Horner all power over Red Bull’

‘Thai major shareholder wants to give Horner all power over Red Bull’
‘Thai major shareholder wants to give Horner all power over Red Bull’
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The unrest within the Red Bull Racing team is far from over. The position of team boss Christian Horner was under pressure, but there now seems to be nothing left of it. In fact, it seems that his position has not weakened, but has actually become stronger.

Last month, the Red Bull group conducted an independent investigation into possible inappropriate behavior by Horner. He was acquitted, but that only fueled more rumors. What did become clear is that Thai shareholder Chalerm Yoovidhya is on Horner’s side. The Austrian owners would be slightly less happy with Horner.

Stronger

According to Auto, Motor und Sport, it seems that Horner’s position has only become stronger. According to the German medium, this became apparent after a summit meeting in Dubai. According to AMuS, Austrian leaders Oliver Mintzlaff and Franz Watzlawick are more concerned with saving their own positions. In addition, according to the medium, there are also rumors about a striking plan by Yoovidhya, he would like to move the headquarters of the Red Bull group to Dubai.

Plan

In addition, according to Auto, Motor und Sport, the Thai major shareholder fully supports Horner. He is also said to be behind a striking plan by Horner. The medium reports that Horner wants to have full control over both the motorsport branch and the drinks group. According to AMuS, the support can only be jeopardized if a civil court were to determine that Horner had indeed behaved in a transgressive manner. The power struggle within Red Bull therefore does not appear to be over yet.

The article is in Dutch

Tags: Thai major shareholder give Horner power Red Bull

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