Christian Horner has cemented his status as the highest paid F1 team principal, with Red Bull’s accounts revealing that he received an 11 per cent pay rise in 2023. Red Bull produced the most dominant season in history in F1 2023, winning 21 out of a possible 22 races as Max Verstappen , with a record 19 victories to his name, eased to a third consecutive World Championship. The team have struggled to hit the same heights in F1 2024, with Red Bull currently sitting third in the Constructors’ standings – behind McLaren and Ferrari – ahead of the final three races in Las Vegas, Qatar and Abu Dhabi.
Verstappen, however, took a giant leap towards a fourth Drivers’ title by winning last weekend’s Brazilian Grand Prix – his first victory since the Spanish GP on June 23 – to end his longest winless run since the 2020 season. The Dutch driver holds a 62-point advantage over McLaren’s Lando Norris and could be crowned World Champion for the fourth time in as many years when the F1 2024 season resumed in Vegas later this month. 👉 F1 team principals’ rich list: Net worth figures revealed for Wolff, Horner and more 👉 F1 team principals: How long has each team boss been in charge? Horner is the longest-serving team principal in F1, having been appointed by Red Bull in 2005 and led the Milton Keynes-based outfit to six Constructors’ and seven Drivers’ Championships to date.
And the latest published accounts for Red Bull Technology Ltd have revealed that the co.