Horner was relieved of his duties as Red Bull F1 CEO on Wednesday in a shock announcement. The 51-year-old won six constructors’ and eight drivers’ titles with the team but fell out with sections of senior management towards the end of his tenure.

Laurent Mekies, the boss of sister team Racing Bulls, will replace Horner, who has been with the team since its inception in 2005 and led it to 124 wins and numerous championships.

Christian Horner could be in line for a pay-off worth in excess of £50 million from Red Bull following his shock dismissal on Wednesday.