- Red Bull Racing and sister team AlphaTauri will use Honda power units until end of 2024
- Honda ending its involvement in Formula One as an engine manufacturer after 2021
- Newly formed Red Bull Powertrains Limited to oversee teams’ power train development
Red Bull Racing have reached an agreement to use Honda power unit technology until 2025 following the Japanese company’s decision to end its involvement in Formula One as a power unit manufacturer after 2021.
The move follows last week’s announcement by the International Automobile Federation (FIA) that will place a freeze on power unit development from the 2022 season until 2024.
It means Red Bull Racing and their sister team Scuderia AlphaTauri will continue to use Honda engines for the duration of this freeze, until Formula One’s next generation power trains are introduced in 2025.
As part of the deal, Red Bull Racing have formed Red Bull Powertrains Limited, a new division that will manage the project and which will be based and operated out of the teams' current home in Milton Keynes.
Honda, which has supplied Red Bull for the past three years, announced last October that it would leave Formula One when its current agreement with the team expired at the end of 2021.
"This agreement represents a significant step for Red Bull in its Formula One journey,” team principal Christian Horner said in a statement.
"We were understandably disappointed when Honda made the decision to leave the sport as an engine manufacturer, as our relationship yielded immediate success, but we are grateful for their support in facilitating this new agreement.
"We now begin the work of bringing the power unit division in-house and integrating the new facilities and personnel into our Technology Campus. In the meantime, we are fully focused on achieving the best possible results in what will be Honda's final season as an official power unit supplier.”
Red Bull Motorsport advisor Helmut Marko described the formation of Red Bull Powertrains Limited as “a bold move” but one which the team made “after careful and detailed consideration”.
He added: “We are aware of the huge commitment required but we believe the creation of this new company is the most competitive option for both teams.”
Koji Watanabe, Honda’s chief officer brand and communication operations, commented: "We are fully committed to our goal of Honda being carbon neutral by 2050, which is why we are diverting our F1 resources to this new target.
"However, as a company that has been involved in Formula 1 for several decades, we felt it was the right thing to do to help our two current teams and indeed the sport as a whole.
"By allowing Red Bull Racing and Scuderia AlphaTauri to use our F1 PU technology it should ensure they can race competitively, which is also good for the sport and the fans."