Having already made two approaches for Christian Horner, Leo Turrini has suggested third time could be a charm for Ferrari.

Prior to Wednesday, Horner had served as the only team principal Red Bull had ever had since it joined the grid in 2005, earning 124 victories, 107 pole positions, 287 podiums, eight drivers' world championships and six constructors' championships. Horner will be replaced by Laurent Mekies as CEO and team principal.

Red Bull has parted ways with its long-serving Team Principal Christian Horner, amidst the team's ongoing struggles in this season's Formula 1. The move comes as Red Bull grapples to compete with McLaren in both the drivers and constructors' championships,