@milski I think there is more than one power struggle, the Thai owners vs Mark Mateschmitz also seems to be an area of conflict. As I understand it Red Bull Racing is a company within the Red Bull GmbH parent company. It is therefore theoretically possible to completely separate the two.
I can see relatively short term Max is very valuable to RB Racing, he sells a heck of a lot of merchandise which attracts sponsors. He is also attractive to other teams.
However, as TP, Christian Horner has to build a sustainable team for the long term. Christian has clearly attracted a lot of good people from Mercedes and from the paddock but most importantly he has Adrian Newey.
The Ford deal for 2026 is potentially going to be a significant factor. Rumours are Fords 2026 engine development is behind so it could suit RB to keep Christian and lose Ford. Equally neither Mercedes or Ferrari are going to want to supply RB and VCARB so RB may chose Ford over Christian.
If the allegations the PA has been dismissed and is planning to sue are true then this is going to be a very long drawn out saga.