Red Bull has announced early this morning that it will keep using Honda engines until 2025. With this new agreement, the team will start an operation called Red Bull Powertrains Limited.
Honda announced back in October that it would leave F1 by the end of the next season. Despite that, it also stated that it would allow Red Bull to keep using their power units beyond 2021.
This decision made by Honda forced Red Bull to push for a freeze on engine development that would allow it to keep using Honda power units without the need to find a new engine supplier.
Then, on today morning, Red Bull announced that it found an agreement with Honda, securing that both Red Bull and AlphaTauri will use Honda engines until 2025 when the new regulations of powertrains will be introduced into F1.
“We have been discussing this topic with Honda for some time and following the FIA’s decision to freeze power unit development from 2022, we could at last reach an agreement regarding the continued use of Honda’s hybrid power units,” said Helmut Marko.
“We are grateful for Honda’s collaboration in this regard and for helping to ensure that both Red Bull Racing and Scuderia AlphaTauri continue to have competitive power units.”
“The establishment of Red Bull Powertrains Limited is a bold move by Red Bull but it is one we have made after careful and detailed consideration.”
“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.”
Now that Red Bull has created its powertrain division creates the possibility for the team to start building their engines from the next regulations cycle that will start in 2025. This announcement, as Christian Horner said, is “a significant step for Red Bull in its F1 journey.”
“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,” said Red Bull Team Principal.
“Honda has invested significantly in hybrid technology to ensure the supply of competitive power units to both teams. 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.”