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.

Red Bull have sacked team principal Christian Horner after 20 years in the position, the Formula One team announced on Wednesday.

Red Bull are lagging behind this season, placed fourth in the constructors' standings 288 points behind leaders McLaren, and Verstappen in third 69 points behind leader Oscar Piastri of McLaren in the...