🚨 BREAKING RUMOR: TERMINATION BEFORE AUSTRALIA GP?
👀 Inside sources in F1 report that Red Bull's majority stakeholders (Yoovidhya family) are contemplating heeding the advice of the Austrian minority shareholders due to the fallout and potential public backlash surrounding the Horner scandal.
💥 A pivotal meeting is scheduled today in Dubai, involving Franz Watzlawick (CEO of Red Bull Group), Oliver Mintzlaff, and the Yoovidhya family, to determine Red Bull GmbH's course of action regarding the Horner situation.
↪️ Central to the discussions is the Austrian faction's major concern within Red Bull GmbH: the belief that maintaining Horner could detrimentally affect Watzlawick's sector, specifically the sales of their beverages.
🇺🇸 In North America, where awareness of sexual harassment issues is particularly high, there's speculation that retailers like Walmart might pull Red Bull products if the controversy intensifies.
🇹🇭 The Yoovidhya family, initially supportive of Horner, might reconsider if financial implications and employee Fiona Hewitson's intention to publicly share her side of the story come to the forefront.
F1 Highlights Official
🚨 BREAKING RUMOR: TERMINATION BEFORE AUSTRALIA GP?
👀 Inside sources in F1 report that Red Bull's majority stakeholders (Yoovidhya family) are contemplating heeding the advice of the Austrian minority shareholders due to the fallout and potential public backlash surrounding the Horner scandal.
💥 A pivotal meeting is scheduled today in Dubai, involving Franz Watzlawick (CEO of Red Bull Group), Oliver Mintzlaff, and the Yoovidhya family, to determine Red Bull GmbH's course of action regarding the Horner situation.
↪️ Central to the discussions is the Austrian faction's major concern within Red Bull GmbH: the belief that maintaining Horner could detrimentally affect Watzlawick's sector, specifically the sales of their beverages.
🇺🇸 In North America, where awareness of sexual harassment issues is particularly high, there's speculation that retailers like Walmart might pull Red Bull products if the controversy intensifies.
🇹🇭 The Yoovidhya family, initially supportive of Horner, might reconsider if financial implications and employee Fiona Hewitson's intention to publicly share her side of the story come to the forefront.
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1 year ago | [YT] | 1