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Red Bull F1 team posts increased profit as Christian Horner pay-rise revealed
['Mat Coch', 'Henry Valantine', 'Thomas Maher', 'Jamie Woodhouse', 'Michelle Foster']
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Company documents have revealed Red Bull Racing earned over £314 million throughout 2024, while now ex-team boss Christian Horner received a pay rise.
Red Bull F1 accounts posted as Christian Horner departsAccounts filed with Companies House in the United Kingdom have revealed Red Bull Racing saw its income rise by £7 million ($9.5m) in F1 2024 over its all-conquering F1 2023 campaign.
It’s estimated Red Bull Racing received around $87.5 million (£64.75m) courtesy of Formula 1 alone.
The pair were also instrumental in securing title backing for Red Bull’s sister team, Racing Bulls, through Visa and Cash App.
On Monday, Horner officially departed Red Bull after being placed into a non-operational position in the days following the British Grand Prix.
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