Red Bull has said they are still fully committed to Formula 1 despite engine partners Honda announcing they are leaving the sport at the end of 2021.
The Japanese engine manufacturer has decided to move their attention away from Formula 1 and to instead ‘ strive for the realization of carbon neutrality by 2050’.
The news leaves Red Bull and AlphaTauri without an engine supplier for 2022 and beyond but team boss Christian Horner has reassured the motorsport community that the two teams are still in Formula 1 for the long haul even with Honda’s now imminent exit.
“As a team we understand how difficult it has been for Honda Motor Company to reach the decision to step back from Formula One at the end of the 2021 season,” Horner said in a statement issued by Red Bull.
“The shifting focus within the automotive industry has led to Honda’s decision to re-deploy their resources and we understand and respect the reasoning behind this.
“Their decision presents obvious challenges for us as a team but we have been here before and with our strength in depth we are well prepared and equipped to respond effectively, as we have proven in the past.
He continued: “Whilst we are disappointed not to continue our partnership with Honda, we are enormously proud of our joint success, delivering five wins and 15 podiums for both Red Bull owned teams and we thank everyone at Honda for their extraordinary efforts and commitment.
“Our joint focus for the remainder of the 2020 and 2021 seasons are unchanged, to fight for victories and challenge for the championship.
“As a signatory to Formula One’s latest Concorde Agreement, Red Bull Racing remains committed to the sport in the long term and we look forward to embarking on a new era of innovation, development and success.
“As a group, we will now take the time afforded to us to further evaluate and find the most competitive power unit solution for 2022 and beyond.”