Pakistan, July 9 -- In a major shake-up, Red Bull Racing has dismissed Christian Horner from his role as CEO and Team Principal, ending his two-decade-long leadership of the Formula 1 team. The decision was officially announced by Red Bull GmbH, the team's parent company, on Wednesday.

Horner, 51, had led the team since its inception in 2005. Under his leadership, Red Bull Racing won 6 Constructors' Championships and 8 Drivers' Titles, with legendary performances from drivers like Sebastian Vettel and Max Verstappen, the latter winning the past four titles for the team.

His removal follows 17 months after allegations of inappropriate behavior were made against him by a female colleague. Though Red Bull GmbH cleared him twice after interna...