Christian Horner, the Red Bull Racing chief, opened up about the “biggest investment” they’ve ever made in Formula One. Red Bull has taken over Jaguar to form the team back in 2004 and is one of the most iconic Formula One teams now.
Focusing on the new ‘project’ the Austrian giants has termed this as bigger than taking over and forming their team even. The “investment” as stated by their team principal is starting their own power trains as soon as they part away with Honda at the end of this season.
Happy #LoveMK day to our Factory home ❤️🏠 @DestinationMK 🎈 pic.twitter.com/6qPeQQGawq
— Red Bull Racing Honda (@redbullracing) April 29, 2021
Talking the powertrains, Horner conveyed in an interview with Sky Sports, “it has put us in a tremendously strong position for the future and the biggest investment Red Bull has made in Formula 1 since acquiring the team from Jaguar back at the end of 2004.”
Red Bull to be self-sufficient after Honda’s departure
Japanese giants, Honda is set to leave Formula One at the end of this season. This as a result will end their ties with the Austrian giants. The Milton Keynes-based team will be the first team in Formula One after Ferrari to have everything from engines to chassis, all produced, manufactured, and designed in one building.
The 47-year-old team boss further asserted, “The latest addition to the campus is going to be bringing the engine business in house here in Milton Keynes and building a brand new, bespoke facility to house some of the best engineering talent in the business with a key focus on the future regulations”
LE CASTELLET, FRANCE – JUNE 23: Red Bull Racing Team Principal Christian Horner and Adrian Newey, the Chief Technical Officer of Red Bull Racing look on from the pit wall during qualifying for the Formula One Grand Prix of France. (Photo by Mark Thompson/Getty Images)
The Milton Keynes-based team has reportedly roped in Mercedes’s Ben Hodgkinson for this project. Hodgkinson has almost two decades of experience at HPP with the Silver Arrows.
The team is already the title favorites this season. This, as it looks, will further boost the possibility of the Austrian giants to dethrone Mercedes from the top.
