The current Red Bull team traces its origins back to the Stewart Grand Prix outfit that made its debut in 1997. Jackie Stewart sold his team to the Ford Motor Company late in 1999, who rebranded the team Jaguar Racing. Jaguar Racing was put up for sale in September 2004 when Ford decided it could "no longer make a compelling business case for any of its brands to compete in Formula One." Red Bull, an energy drinks company, agreed its purchase of Jaguar Racing on 15 November 2004. Christian Horner was installed as the new team boss and lined up David Coulthard and Christian Klien to drive for the team. The team operated under a British racing licence from 2005 to 2006.
Red Bull Racing was not the start of Red Bull's involvement in Formula One, as they sponsored Sauber from 1995 to 2004 and Gerhard Berger before that, beginning in 1989. After buying a Formula One team of its own, Red Bull ended its long-term partnership with the Swiss team.
Red Bull had Cosworth engines in 2005 and Ferrari engines in 2006. The team used engines supplied by Renault between 2007 and 2018. From 2016 to 2018, the Renault engine was re-badged TAG Heuer following the breakdown in the relationship between Red Bull and Renault in 2015. During this partnership, they won four successive Drivers' and Constructors' Championship titles in 2010, 2011, 2012, and 2013, led by Red Bull driver Sebastian Vettel, and becoming the first Austrian team to win the title.
The team began using Honda engines in 2019. The works Honda partnership culminated in 2021, following Red Bull driver Max Verstappen's World Drivers' Championship victory, with Verstappen also winning the championship in 2022, 2023, and 2024; he missed out to Lando Norris in 2025. Red Bull also won two Constructors' Championship titles in 2022 and 2023, but lost out in 2021 to Mercedes and in 2024 and 2025 to McLaren. Honda left the sport officially after 2021 but continued to supply complete engines from Japan to the team partly under Red Bull Powertrains branding until the end of 2025. Following the conclusion of their partnership with Honda, Red Bull switched to Ford engines in 2026 after having signed a deal to use their engines in 2023.
Red Bull Racing Limited is currently competing as Oracle Red Bull Racing. The Red Bull Racing team was managed by Christian Horner from its formation in 2005 until 2025, when he departed the team and was replaced by Laurent Mekies. Red Bull Technology Limited, previously Red Bull Racing Holdings Limited, is the parent company of Red Bull Racing set up to design, engineer, and build the cars for its Formula One team. Red Bull Advanced Technologies Limited (RBAT) is owned by Red Bull GmbH and serves as the commercial technology and engineering services arm of Red Bull Racing.
As a constructor, Red Bull Racing has achieved a Constructors' Championships winning percentage of 28.6% and a Drivers' Championships winning percentage of 38.1%. The team's overall winning percentage is 30.7%. Sebastian Vettel won the Formula One Drivers' Championship for Red Bull in 2010, 2011, 2012, and 2013. Max Verstappen won the Formula One Drivers' Championship for Red Bull in 2021, 2022, 2023, and 2024.
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