Red Bull has finally tasked a deal with Honda F1 to take over the latter’s engines at the end of the 2021 season. The agreement followed the recent ‘freeze on Engine development ’ until 2024 by F1. As the Japanese firm is all set to leave Formula 1 by the end of this year, this agreement proves crucial for Red bull’s approach for the upcoming seasons.
Red Bull Powertrains Limited, the new company will take over the Red Bull Racing engines and AlphaTauri from 2022 until 2025. This way, Red bull will be taking care of every aspect within their in-house engine division.
What pushed Red bull to enter into this ‘landmark’ deal with Honda F1?
The deal materialized following the F1’s “freeze on engine development” agreement last week. The agreement stays the engine development by every F1 team for the period ranging from 2022- 2024. Red bull will be holding their rights on all the state of the art hardware and technology possessed by Honda engines.
“This agreement represents a significant step for Red Bull in its Formula 1 journey,” said team boss Christian Horner.
“We were understandably disappointed when Honda decided 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”, He further added.
“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 focus now on achieving the best possible results in what will be Honda’s final season as an official power unit supplier.”, Horner continued.
How this deal proves ‘crucial’ for Red Bull’s approach for upcoming seasons?
Red Bull further announced that this deal with Honda covers the ‘development freeze duration”. It also enables the usage of Honda power unit technology in both Red Bull Racing and AlphaTauri’s cars until 2025.
“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 the team’s advisor 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. Red Bull Powertrains Limited’s establishment is a bold move by Red Bull. Still, 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.”, he further added.
Honda F1 to quit Formula 1 at the end of 2021
Many are quoting this as a “bold move” by a company that traditionally comes as a chassis builder. According to Red Bull advisor Helmut Marko, “We are aware of the huge commitment required, but we believe creating this new company is the most competitive option for both teams.”
It was October last year when Honda announced their exit from F1 by the end of the 2021 season. So, with Red Bull taking over the Honda engines from 2022, it sounds like a win-win situation for both parties.
Red bull is clear with its plans and intentions with this deal. For them, Team’s priority is to make the most out of the Japanese manufacturer’s engine hardware. However, they are looking into possibilities to revert a more efficient customer supply arrangement.