Christian Horner’s Salary and Net Worth in March 2024

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Hailing from Warwickshire, England, Christian Horner started as an automobile driver and moved on to being the youngest team managers of Red Bull Racing Formula 1 at the prime age of 31. 

Christian Horner is known to have guided the Red Bull racing team ever since it joined Formula 1 in 2005, leading them to a total of nine victories (four World Constructor’s Championships and five World Driver’s Championships). 

In this article we will take a look at Christian Horner’s net worth, salary and financials. 

Christian Horner's net worth 2024

Net worth: $68.000.000

Christian Horner’s net worth is $68,000,000 which makes him a multi-millionaire and one of the wealthiest people in Formula 1.

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 Key statistics

 
Net Worth$68.000.000
Salary from Red Bull Racing$10.000.000
Investments$43.000.000
Loans and liabilitiesNot available

Christian Horner's salary 2024

Salary: $10.000.000

Christian Horner’s salary from Red Bull Racing is $10,000,000 per year. He also has a performance-based bonus of an additional up to $5,000,000.

Key takeaways

  • Christian Horner was awarded a Formula Renault Scholarship in 1991, leading him to compete in the British Formula Renault Championship.
  • Throughout his career as an automobile driver, Christian Horner has been a part of  Manor Motorsport, Fortec Motorsport team, Alan Docking Racing team and TOM’S team, competing in various automobile motorsports, including British F3 and F2.
  • He founded his own team, Arden International Race Team, and went on towards Formula 3000 in 1997.
  • At the age of 25, Horner ended his career as a sports car driver and took over the position of team manager of Arden Internation Race Team.
  • In 2005, he was hired by Red Bull and became the youngest team manager at the age of 31.
  • He has led the Red Bull team of Formula 1 to a total of nine championship victories (four World Constructor and five World Driver’s Championships).
  • He was awarded the prestigious OBE in 2013 for his indulgance in the motor racing industry.
  • Christian Horner earns $10 million USD yearly and has a net worth of $68 million USD.

Table of Contents

Christian Horner net worth and salary

Learn more about Christian Horner

Christian Horner has been directing the Red Bull Racing team and Red Bull Technology as their Team Manager and Chief Technology Officer since 2005. Since then, he has been managing a team of 800+ people, intending to lead his team to success by winning the Formula 1 Championship, as he has been doing for the past 18yrs.

Full NameChristian Edward Johnston Horner
NationalityBrittish
Date of Birth16th November 1873
Height5.8 ft
Weight68kg
Yearly salary$10.000.000

Family and Early Education

Christian Edward Johnston Horner was born to parents Gary and Sarah Horner on 16th November 1873 in Leamington Spa, United Kingdom. He has two siblings, Jamie and Guy. He did his early education at a private school in his hometown and later attended Warwick School.

Personal Life

Christian Horner was formerly married to Beverley Allen. Their relationship lasted 14 years, after which they formally chose to part ways right after the birth of their daughter Olivia. He announced his engagement to singing sensation and former Spice Girl member Beverley Allen in November 2014. They got married on 15 May 2015 in Woburn, Bedfordshire. They have a son named Montague, born in January 2017. He also has a stepdaughter, Bluebell Madonna.

Early Career

Christian Horner comes from a family of car enthusiasts, where his grandfather and father opened a company to provide and supply different car parts to automobile manufacturers. This led him to drop out of high school and start his automobile career as a race car driver. 

Through his zeal and enthusiasm, he was awarded a Formula Renault Scholarship in 1991, enabling him to drive in the British Formula Renault in 1992. In 1993 he entered F3, competing in the British Formula 3 Championship, winning 5 races and taking the second position in the series.

He went on to join the Fortec Motorsport team in 1994 and later joined the ADR team in 1995. In 1996 he joined the TOM’s race and also raced for the British Formula 2 series. He founded his own team, Arden International Race Team, and went on towards Formula 3000 in 1997.

He remained in Formula 3000 and was later joined by Kurt Mollenkens. However, after racing through the tracks in Formula 3000 all through 1998, he realized that he was not as committed to driving as his competitors and chose to end his career as a race car driver at 25. He switched to team manager of Arden International Motorsport in 1999 and continued the role till 2005.

Rise to Glory

Christian Horner rose to fame when Dietrich Mateschitz, co-founder of Red Bull, bought his team into Formula 1 in 2005 and asked him to lead and manage it. At the time, Horner was only 31, making him the youngest team manager in F1. 

Since then, he has led the team through 325 races, 75 race wins, and 167 podiums, out of which are 4 World Constructor’s Championships and 5 World Driver’s Championships, in a total of 15 seasons. He is one of the most experienced team managers in the Formula 1 paddock.

Christian Horner is known to be the highest-paid Team Manager of Formula 1, with a total income of $12 million annually. He is given an additional $5 million as a performance bonus.

What Else Does He Own?

Apart from earning $12 million annually by being the team manager of Red Bull, he owns Arden Motorsports along with his father, Garry Horner. 

Additionally, he was awarded the prestigious Order of the British Empire in 2013 for his indulgence in the motor racing industry. 

He is also part of the Netflix series F1 Drive to Success.

Cars

Christian Horner is the owner of 6 exotic luxury cars:

  • McLaren 720S worth $800,000.
  • Mercedes Benz AMG worth $740.000
  • Audi R8 worth $490,000
  • Ferrari’s F8 worth $580.000
  • Porsche’s Boxster worth $400.000
  • 1968 vintage Shelby Cobra 289 worth $1.100.000

Houses

Christian Horner has over 5 luxurious properties across the United Kingdom. He currently lives in a London villa worth USD 11 million. 

He also has 2 countryside homes in Oxfordshire and Hertfordshire, featuring their own farmhouses with miniature donkeys, horses, goats and a personal duck pond.  

Boats/Yachtes

Christian Horner owns two yachts, where he likes spending time with his wife, Geri Halliwell. They have even spent a summer on the yacht together, away from the city’s busy life.

Their countryside house has a huge pond featuring its own boat. 

Charity Work

He is an ambassador and spokesperson for the charitable organization Wings for Life, which aims to raise awareness of spinal cord injury. Additionally, he funds the foundation’s scientific research department, which works to find a cure.

Christian Horner has been directing the Red Bull Racing team and Red Bull Technology as their Team Manager and Chief Technology Officer since 2005.

Frequently asked questions

How much does Christian Horner earn in a year?

Christian Horner earns $10 million USD (£9 million pounds) annually.

How rich is Christian Horner?

Christian Horner, team manager of Red Bull, has a net worth of $68 million USD (approx. £40 million pounds).

How is Christian Horner so rich?

Hailing from a well-off family, Christian Horner is an ex-race car driver who is currently the team manager of the Red Bull Racing Formula 1 team, which pays him millions. Hence, he has a high net worth.

Where did Christian Horner get his money?

Christian Horner is famous for being the head of the Red Bull racing F1 Team, which pays him a lucrative salary of USD 10 million annually.

Does Christian Horner own part of the Red Bull F1 Team?

Since the emergence of the Red Bull racing team in 2005, Christian Horner has been managing it; however, he does not own any shares in it.

Is Christian Horner a billionaire?

Christian Horner's total assets are worth $68 million USD, making him a millionaire, not a billionaire.

Christian Horner Salary and Net Worth Compared to Other Team Principals in Formula 1

Here’s a look at the comparison of Christian Horner’s salary and net worth with other team principals in Formula 1. Compare all F1 Team Principal salaries and net worths here.

Team principalTeamSalary
1Toto WolffMercedes$8,000,000
2Christian HornerRed Bull$10,000,000
3Frederic VasseurFerrari$7,600,000
4Andrea StellaMcLaren$7,600,000
5Alessandro Alunni BraviAlfra Romeo (Sauber)$1,000,000
6Bruno FaminAlpine$1,000,000
7Mike KrackAston Martin$1,000,000
8Guenther SteinerHaas$1,000,000
9Laurent MekiesAlpha Tauri$1,000,000
10James VowlesWilliams<$1,000,000

Conclusion

Known to be the highest-paid team manager in F1, Christian Horner, rose to fame once he retired as a race car driver and was hired by Red Bull to lead their team in Formula 1, making him the youngest team manager at the age of 31. 

He has played a vital role in the success of Red Bull by directing the team through numerous races and winning a total of 9 world titles. In 2013, he was appointed officer of the OBE for his contributions to autosports.

Christian Horner has a net worth of USD 68 million. He has made his mark as one of the most successful and most experienced team managers that Formula 1 has ever seen.

Article sources

Disclaimer: Figures and information have been collected from various sources around the web. We try to do a careful job when it comes to reporting sources and also to be critical of which sources we use. We cannot guarantee that all figures are correct.

Lisette Holm
Lisette Holm
Lisette Holm is a Formula 1 expert who has not missed a single Grand Prix in the last 4 years. She is one of the founders and her job at Formulapedia.com is to educate others who are interested in F1 in order to raise their level of knowledge. Lisette cheers on Mercedes AMG-Petronas.

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