Source: REUTERS/SEBASTIAO MOREIRA
[Saba Sports News] Recently, Red Bull Racing released its latest financial report, drawing attention to team principal Christian Horner, whose salary has increased again. Horner’s salary was £8.04 million in 2022, and in 2023, Red Bull dominated the paddock, winning all but one race and easily clinching both championships. Horner received an 11% raise from Red Bull Group, bringing his 2023 income to £8.92 million. Notably, Horner is currently the longest-serving team principal in F1. However, it is suggested that Mercedes team principal Toto Wolff might actually be the highest-paid principal. Although Wolff’s salary is £6 million less than Horner’s, he owns one-third of the team and received £25 million in dividends in 2023. According to Forbes, Wolff’s personal assets have reached £1 billion.