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Red Bull Forms Powertrain Company After Reaching Deal With Honda

Red Bull has formed a powertrain company after agreeing to take over the intellectual property of Honda’s power unit once the Japanese auto-maker exits Formula one at the end of this year. This move has been announced just days after the F1 Commission voted in favour of a freeze on engine development from 2022. READ: Haas Expecting ‘Tough Year’, Already Prioritising 2022 Car Dr Helmut Marko, a senior Red Bull advisor, said last month that the team and Honda had reached a deal and were just waiting on an engine freeze to be agreed, as they needed development to be halted to prevent them from quickly falling behind rival power unit suppliers. “The Red Bull-Honda agreement covers the...
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