Red Bull: Longtime F1 Team Principal Horner Released from Duties

Red Bull team principal Christian Horner attends a news conference at the Silverstone racetrack, ahead of the British Formula One Grand Prix, in Silverstone, England, Friday, July 4, 2025. (AP Photo/Darko Bandic)
Red Bull team principal Christian Horner attends a news conference at the Silverstone racetrack, ahead of the British Formula One Grand Prix, in Silverstone, England, Friday, July 4, 2025. (AP Photo/Darko Bandic)
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Red Bull: Longtime F1 Team Principal Horner Released from Duties

Red Bull team principal Christian Horner attends a news conference at the Silverstone racetrack, ahead of the British Formula One Grand Prix, in Silverstone, England, Friday, July 4, 2025. (AP Photo/Darko Bandic)
Red Bull team principal Christian Horner attends a news conference at the Silverstone racetrack, ahead of the British Formula One Grand Prix, in Silverstone, England, Friday, July 4, 2025. (AP Photo/Darko Bandic)

Red Bull said Wednesday that Christian Horner has been released from his role as longtime team principal of its Formula 1 team.

Red Bull did not give a reason for the decision in a statement, but thanked Horner for his work and said he will “forever remain an important part of our team history.”

Laurent Mekies of sister team Racing Bulls will replace Horner in his role as team principal and chief executive of the racing team.

Horner had been Red Bull team principal since it entered F1 as a full constructor in 2005. He had performed his team and media duties as normal throughout the British Grand Prix last week.

Horner oversaw eight F1 drivers’ titles — four for Sebastian Vettel and four for Max Verstappen — and six constructors’ titles during his time with the team.

But McLaren has dominated this season in F1, while Red Bull’s performance has dipped, though Verstappen remains third in the standings and the team is fourth.

Horner spent much of last week fielding questions over Verstappen’s future at the team after the Dutch driver declined to commit to stay with Red Bull for 2026.

“We would like to thank Christian Horner for his exceptional work over the last 20 years,” Oliver Mintzlaff, Red Bull’s chief executive for corporate projects and investments said in a statement.

“With his tireless commitment, experience, expertise and innovative thinking, he has been instrumental in establishing Red Bull Racing as one of the most successful and attractive teams in Formula 1. Thank you for everything, Christian, and you will forever remain an important part of our team history.”

The announcement comes more than a year after Horner was accused of misconduct toward a team employee.

An investigation conducted on behalf of the Red Bull company dismissed the allegation, as did a further investigation conducted after the employee appealed against the initial ruling, Red Bull said at the time.

Horner remained in charge of the F1 team throughout the entire process.



Kingdom Holding to Acquire Majority Stake in Al-Hilal

The deal values the share capital of Al-Hilal at 1.4 billion Saudi riyals. Photo: PIF
The deal values the share capital of Al-Hilal at 1.4 billion Saudi riyals. Photo: PIF
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Kingdom Holding to Acquire Majority Stake in Al-Hilal

The deal values the share capital of Al-Hilal at 1.4 billion Saudi riyals. Photo: PIF
The deal values the share capital of Al-Hilal at 1.4 billion Saudi riyals. Photo: PIF

Kingdom Holding Company has signed a binding agreement to acquire a 70% stake in Saudi Pro League soccer club Al-Hilal, Saudi Arabia’s Public Investment Fund (PIF) said on Thursday.

The deal values the share capital of Al-Hilal at 1.4 billion Saudi riyals ($373.20 million). The agreement supports PIF's ⁠strategy of maximizing ⁠returns while recycling capital back into the local economy.

Since July 2023, the PIF has been the principal shareholder in Al-Hilal as part of a wider initiative aimed at accelerating ⁠the development of sports clubs and boosting the sports sector’s contribution to the Kingdom’s gross domestic product.

Chairman of Kingdom Holding Company Prince Al Waleed bin Talal said: “Al-Hilal Club represents a national symbol and a source of pride. Our acquisition reflects our deep belief in the role of sport as a developmental force for both the economy ⁠and ⁠society.”

Al-Hilal, who have been top-flight champions 19 times, are second in the Saudi Pro League on 68 points from 28 games, eight points off Al Nassr with a match in hand.

Deputy Governor and Head of MENA Investments at PIF Yazeed Al-Humied, said: “PIF has proudly helped drive the efforts to transform Saudi Arabia’s sports sector and increase its value proposition for investors while creating lasting results at every level, from players and fans to local communities.”

“PIF has set ambitious goals for the clubs, enabling them to become successful commercially and professionally and achieve long-term financial sustainability. Today’s announcement aligns with PIF’s strategy to maximize returns and redeploy capital within the domestic economy,” he added.

Completion of the transaction is subject to meeting certain conditions and receiving the necessary regulatory approvals as outlined in the agreement.


French Open Prize Money Increases 9.5%

FILE - The crowd watch Norway's Casper Ruud playing against Spain's Rafael Nadal on the court Philippe Chatrier, known as center court, during their final match of the French Open tennis tournament at the Roland Garros stadium on June 5, 2022 in Paris. (AP Photo/Thibault Camus, File)
FILE - The crowd watch Norway's Casper Ruud playing against Spain's Rafael Nadal on the court Philippe Chatrier, known as center court, during their final match of the French Open tennis tournament at the Roland Garros stadium on June 5, 2022 in Paris. (AP Photo/Thibault Camus, File)
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French Open Prize Money Increases 9.5%

FILE - The crowd watch Norway's Casper Ruud playing against Spain's Rafael Nadal on the court Philippe Chatrier, known as center court, during their final match of the French Open tennis tournament at the Roland Garros stadium on June 5, 2022 in Paris. (AP Photo/Thibault Camus, File)
FILE - The crowd watch Norway's Casper Ruud playing against Spain's Rafael Nadal on the court Philippe Chatrier, known as center court, during their final match of the French Open tennis tournament at the Roland Garros stadium on June 5, 2022 in Paris. (AP Photo/Thibault Camus, File)

Prize money at this year's French Open will jump by 9.5%, taking the total purse to 61.7 million euros ($72.69 million), organizers said on Thursday.

The increase of 5.4 million euros compared to 2025 continues a steady rise in player earnings at the claycourt Grand Slam, Reuters reported.

The organizers have in recent years focused on boosting prize ⁠money across all ⁠rounds, not only for the champions but also for players eliminated in the early stages, amid growing calls within the sport for a fairer distribution of revenues.

The Paris major, ⁠staged annually at Roland-Garros, has maintained equal prize money for men and women.

The prize money increase comes as pressure mounts from players for a greater share of revenues, with discussions ongoing across the sport involving governing bodies and tournament organizers.

Despite the latest rise, Roland-Garros is expected to remain behind ⁠the ⁠other three Grand Slams in overall prize money.

The US Open offered the largest prize fund of the Grand Slams last year with $90 million, while Wimbledon paid out 53.5 million pounds ($72.40 million).

The Australian Open offered a record A$111.5 million ($79.92 million) in prize money this year.


Liverpool Confirm Ekitike Out for Season, Will Miss World Cup

Liverpool's Virgil van Dijk checks on Hugo Ekitike during the Champions League quarterfinal second leg soccer match between Liverpool and Paris Saint-Germain in Liverpool, England, Tuesday, April 14, 2026. (AP Photo/Jon Super)
Liverpool's Virgil van Dijk checks on Hugo Ekitike during the Champions League quarterfinal second leg soccer match between Liverpool and Paris Saint-Germain in Liverpool, England, Tuesday, April 14, 2026. (AP Photo/Jon Super)
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Liverpool Confirm Ekitike Out for Season, Will Miss World Cup

Liverpool's Virgil van Dijk checks on Hugo Ekitike during the Champions League quarterfinal second leg soccer match between Liverpool and Paris Saint-Germain in Liverpool, England, Tuesday, April 14, 2026. (AP Photo/Jon Super)
Liverpool's Virgil van Dijk checks on Hugo Ekitike during the Champions League quarterfinal second leg soccer match between Liverpool and Paris Saint-Germain in Liverpool, England, Tuesday, April 14, 2026. (AP Photo/Jon Super)

Liverpool followed France in confirming Thursday that forward Hugo Ekitike will miss the remainder of the Premier League season and the 2026 World Cup after suffering a serious injury in a Champions League loss to Paris Saint-Germain.

The 23-year-old crumpled in a heap holding his lower right leg during the first half of Liverpool's 2-0 quarter-final second-leg defeat by European champions PSG at Anfield on Tuesday and had to be substituted, reported AFP.

A brief statement issued by Premier League champions Liverpool on Thursday said scans had subsequently confirmed a "rupture of the Achilles tendon".

The statement added: "Ekitike will therefore be sidelined for the remaining weeks of the club season and unable to participate at this summer's World Cup with France."

Liverpool gave no timescale for Ekitike's recovery, saying only "further updates will be provided at the appropriate time, with Hugo receiving the full support of everyone at LFC".

Liverpool's statement followed Wednesday's announcement by France coach Didier Deschamps that Ekitike was out of the World Cup.

"Unfortunately, the severity of (Ekitike's) injury will prevent him from finishing the season with Liverpool and taking part in the World Cup," Deschamps said in a statement released by the French football federation.

"This injury is a huge blow for him, of course, but also for the French national team.

"I wanted to express my full support for him, as well as that of the entire coaching staff."

Ekitike has scored 17 goals in 45 matches in all competitions for Liverpool since arriving at Anfield for a fee of £79 million ($105.5 million) last summer from German side Eintracht Frankfurt.

Since winning his first France cap in a World Cup qualifier in September last year, Ekitike has been a regular, scoring two goals and providing one assist in his eight caps.

"It looks really bad, but difficult for me to say how bad," Liverpool manager Arne Slot said after Tuesday's match.

Injuries have been a major factor in a disastrous season for Liverpool as they sit fifth in the Premier League and will end the campaign without silverware.

"Losing a player is something we have had many times this season, but it is especially hard for him because you never want to be injured, especially at this time of the season," added Slot.