Christian Horner was paid upwards of £100 million by Purple Bull after he was dismissed because the Method 1 staff’s Group Principal and CEO.
Horner was relieved of his duties by the Milton-Keynes-based staff in July final yr.
The Briton’s dismissal got here scorching on the heels of an ‘inappropriate behaviour’ allegation from throughout the Purple Bull staff in addition to the dwindling efficiency of the RB21 out on observe.
A report from RacingNews365 has revealed that in its company disclosures to the UK Firms Home, Purple Bull revealed the severance package deal it needed to endow to Horner for getting him out of the recent seat.
Horner was a director of each Purple Bull Racing and Purple Bull Applied sciences and due to this fact, each these particular person company entities needed to compensate him for “lack of workplace”.
Purple Bull Racing paid him £33.494 million for his ousting, alongside along with his annual remuneration of £4.441 million.
Alternatively, Purple Bull Applied sciences needed to cough up a staggering £66.988 million along with £9.029 million as directorial remuneration up till his dismissal.
This made Horner the highest-paid managerial member of the staff.
Since his departure from the paddock, nonetheless, Horner is eager to get himself again into the combo, with the Briton angling up potential tasks to guide in F1.
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