Red Bull Formula 1 team principal Christian Horner has been placed under investigation by the energy drinks giant over allegations made against him.
The Race understands a hearing will take place on Friday.
"After being made aware of certain recent allegations, the company launched an independent investigation," a Red Bull spokesperson told The Race.
"This process, which is already under way, is being carried out by an external specialist barrister.
"The company takes these matters extremely seriously and the investigation will be completed as soon as practically possible.
"It would not be appropriate to comment further at this time."
Horner was quoted by De Telegraaf - which broke the story - as denying the allegations that Red Bull says triggered the investigation, while Sky Sports says he will continue in his F1 role while the investigation is ongoing.
The team's 2024 launch event is just over a week away, on February 15, and if there is no resolution to this situation before then it risks overshadowing the start of Red Bull's latest title defence. But the independent party appointed to conduct the investigation is surely (and rightly) likely to take the view that it is not a matter that can be rushed and that getting to the correct outcome and action is the priority.
Horner, who turned 50 last year, has been at the helm of Red Bull's F1 operation since 2005 following its takeover of Jaguar's works F1 team.
As the longest-serving team boss in the paddock and head of the reigning champion team, he has been central to Red Bull Racing's rise and success, so the potential repercussions of him being placed under investigation by the parent company are substantial.
