Formula 1 racing team Red Bull will continue to use Hondaâ€™s engines after the company quits after the 2021 season.
Red Bull has agreed to buy Hondaâ€™s F1 technology and will use the engines until 2024.
According to BBC Sport, the team has set up a new company to maintain the engines at its technology base in Milton Keynes.
Likely set up by the F1 bosses, the move gives Red Bull flexibility and independence before the introduction of a new engine formula in 2025.
Team principal Christian Horner said the company was taking “a long-term view” and that its new engine arm had to be ready to design the power-unit for the 2025 rules as well as maintain the ex-Honda one in the intervening years.
Horner continued: “Strategically, this is a big commitment by the group. It shows their commitment to F1. To bring it on site is an enormous undertaking and one that truly integrates the power-unit into the chassis. We have taken control of our own destiny in that respect.”
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Categories: Formula 1