Red Bull says 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 Wednesday, but thanked Horner for his work and said he will “forever remain an important part of our team history.

Christian Horner has been sacked as CEO and team principal of Red Bull Racing, the team announced Wednesday.

Red Bull team principal Christian Horner has been fired after 20 years with the team, a team spokesperson told CNN Sports on Wednesday.