MTL79 wrote: ↑01 May 2024, 23:03
If I were in Red Bull Management, I would be fighting tooth and nail to prevent Newey from going to Ferrari or Mercedes before 2026. The fact that Red Bull let this happen, may indicate he's going to a less threatening team???
Or that Red Bull are in a position of relative weakness. Newey is one of three people on Red Bull's payroll where his salary doesn't count towards the cost cap. Keeping Newey on until the end of the year prevents Red Bull putting someone else into that slot, so letting him go now means millions more expenditure for the team (presuming they aren't hiring externally to fill the role).
Newey's non-compete clause is likely to be triggered from the point he is placed on gardening leave. Such practice has been common on the exec contracts I've been party to, including my last job, albeit in the finance industry rather than F1. If that's the case, as soon as Newey stops being allowed to carry out his contracted duties then the 1 year timer for his non-compete starts ticking. This is likely why he's a free agent this time next year.
The other alternative (or possibly it's a combination of all these reasons) would be if Newey has agreed to confidentiality over the case with Horner's PA. It's since come to light that she was a shared PA with Newey, so he has a direct relationship with her in that regard, and it's unlikely to be a coincidence that this has all come to a head at the time Horner's transgressions became known. He may strongly disagree with how she's been treated by Horner and Red Bull, but has agreed not to talk to the press about it as part of the deal to let him go now.