The Concorde Files
The money and power behind Formula 1
On the ninth of July 2025, the man who had run Red Bull's Formula One team for twenty years was released from his operational duties.
With immediate effect. No reason was given.
This October, the accounts of the team's parent company showed nearly sixty-seven million pounds in compensation for loss of office, paid to its highest-paid director.
The director is not named. Press reports say he is believed to be Christian Horner.
In 2025, the team Horner had run was valued at more than four billion dollars.
He never owned any of it.
In November 2004, Ford had sold that same team for a reported one dollar.
The $1 Team
Who built the value of Red Bull Racing, and who got to keep it?
Open the file
The files
Long-form episodes built on public records and named sources. Every number has a source, listed under each video.
Episode 1
The $1 Team
Who built the value of Red Bull Racing, and who got to keep it?
21:14
Episode 2
The Ticket
What Cadillac paid for a place on the Formula One grid, and which teams got the money.
In production
Episode 3
Overriding Authority
Two messages. Eighteen seconds. One lap.
In production
The Window
A side series. One decision, in one race, with the clock running.
17:43
Seventeen Minutes. Hungary, 19 July 2020. From the yellow flag to the five-minute signal. In production.
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Every claim gets a source
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What cannot be shown stays out
Where sources disagree, both appear. Where the record stops, the file stops too.
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AI tools help research the dossier, the script is drafted with AI, and an AI voice reads it. Some scenes are AI-generated illustrations. The charts and documents are built from public records and named reporting.
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Paul Veth picks each story and its angle, reviews every cut and presses publish. He holds editorial responsibility for every file.
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