HORNER SOLIDIFIED ITS ‘HIGHEST PAID’ TEAM BOSS STATUS WITH AN INCREASE OF 11%
Christian Horner solidified his status of the highest paid F1 team boss with Red Bull’s calculations a 11% salary increase in 2023.Red Bull won 21 out of 22 races by spending the most dominant season in history in the 2023 season, while Max Verstappen won the third world championship in a row with 19 victories.While the team struggles to show the same success in 2024, it currently ranks third in the championship.
However, Verstappen took a big step for his fourth championship by winning the Brazilian Grand Prix last weekend, ending the longest win-free period since the 2020 season.The Dutch driver, who has a 62-point advantage over McLaren driver Lando Norris, may declare his title in the next race, Las Vegas.Red Bull team boss Horner is the longest-serving team boss in F1, which has carried Red Bull to six team and seven pilots’ championships since 2005.
Recent accounts published by Red Bull Technology Ltd revealed that the company’s highest-paid manager, thought to be the Horner, was rewarded with an 11% salary increase for his recent success.
With this increase, Horner’s salary, which was 8.04 million pounds (358.4 million TL) in 2022, increased to 8.92 million pounds (397.7 million TL) in 2023.
It is believed that Toto Wolff, the boss of the Mercedes team, received 6 million pounds (267.5 million TL), but as a third owner of the Mercedes team, he earned 25 million pounds (1.11 billion TL) in dividends in 2023.
Forbes magazine, the respected business world publication, claimed last year that Wolff’s personal wealth exceeded the limit of 1 billion pounds (44.6 billion TL).
