According to reports, Christian Horner may be losing the support of the majority of Red Bull shareholders due to the growing negative public reaction. Horner has been involved in a series of controversies recently and was investigated for inappropriate behavior by an employee. However, Red Bull cleared him of all accusations. Nevertheless, new reports suggest that Horner’s position may be in jeopardy.
Previously, Horner had the support of Red Bull’s majority shareholder, Chalerm Yoovidhya. However, it is now said that Thai shareholders are seeking advice from the Austrian board of directors and CEO. It is worth noting that Dietrich Mateschitz’s son and Mintzlaff allegedly wanted to remove Horner from his position.
A possible reason for this shift in support may be Red Bull’s interest in the US market. Women’s rights groups in the United States have called for a boycott of the energy drink company due to the controversy involving Christian Horner. Additionally, the Thai owners of Red Bull are concerned that the employee may speak out publicly against the company. Red Bull Racing has already suspended the employee after Horner’s innocence.
According to SoyMotor, there are rumors that Christian Horner will be fired by Milton Keynes before the next weekend. This would be a major setback for the 50-year-old man, who has been resisting criticism in recent weeks.
Horner also may face issues from the music industry. SoyMotor reports that Irish rock band U2 may be working on a song in support of the employee. It is said that the employee’s brother is the son-in-law of U2 guitarist, ‘The Edge’. The song is rumored to be called « Don’t be h*rny, be Christian », and Thai owners of Red Bull are concerned that U2’s influence and following could bring even more controversy to the company.
It is important to note that these reports suggest that Horner may lose his power struggle in Milton Keynes, but there has been no official statement about his departure or the release of a song against him by U2. Fans will have to wait and see how things unfold for Red Bull and Horner in the coming days.