re: 2024 Formula 1 season Thread

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Allegedly.

Officially back to Racey Spice.

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there was no such evidence of sexual messages submitted in the complaint itself, unlike what De Telegraaf had reported previously.

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[ErikvHaren] Christian Horner acquitted, although insiders believe the saga is not over yet. Regardless of any appeal or legal follow-up steps taken by the employee in question, it has once again become clear in recent weeks that there is trouble within Red Bull's top management.

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I think the idea is It’s a power struggle after Dietrich’s death

In the past Dietrich had an active but remote and far removed interest in Red Bull F1 as he didn't like to attend races. His friend Marko was his representative at races and also in charge of the driver program whilst Horner ran the Red Bull team.

when it came to big picture ideas and decisions like drivers; Horner and Marko decided together. For a non driver example it was reported that Marko and Horner together decided to take on the Honda engine and run it as a Red Bull engine. They went to Dietrich to sell him on the idea and have him sign off on it.

The problem is when you have 2 people deciding something together, what happens when you disagree? The old answer was take it to Dietrich and let Dietrich make the final say.

Now that Dietrich is dead if Marko and Horner disagree who makes the final say? His death meant the joint power/ joint decision making was no longer tenable and according to reports Horner tried to get the backing from the Thai owners to take over these decisions solely, sidestepping Marko.

However this failed and Marko extended his contract with the new corporate management in Austria.

Then to complicate things further; Though Dietrich had a 49% share of the company he signed a deal with the Thai owners of the other 51% to have full control of the company and decision making. So Dietrich really did have sole authority over everything.

However while his son inherited the 49% shares, the deal of full control did not transfer to his son. That expired with Dietrich’s death.

And so management over Red Bull GmbH is more complicated. The Thai owners, the Yoovidhya’s own the majority shares and are now no longer restrained from making decisions.

Add on to this the fact that Mark matechitz may have inherited the 49% shares but is not the CEO. There are now CEOs for the beverage side and the marketing/sports side. So the running of the company in Austria has become far more corporate. With some reports saying that Oliver Mintzlaff one of the CEO’s wants more control over the F1 team.

All in all the removal of Dietrich’s unchallenged, unquestioned running of the company when he died has led to uncertainty and instability in Red Bull.

Or so the reports are alleging

Edit: forgot to add it’s reported that Max, though fine with both of them is more loyal to Marko than Horner and there are reports Jos and Horner had a falling out. So Jos is very much on Marko’s side in the power struggle.

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