According to speculations in European media, American automaker Ford will announce an engine deal with reigning Formula One champions Red Bull starting in 2026 during the team’s debut in New York on Friday.
After an apparent embargo breach, details were made public by Italian media on Thursday.
The BBC in Britain stated that Ford will contribute to the cost of an engine being developed and produced by Red Bull Powertrains at their English headquarters in Milton Keynes. Starting in 2026, Formula One will use a new power unit with a larger electrical component and fuels that are 100% sustainable. Red Bull presently uses V6 turbo hybrid engines produced by erstwhile business partner Honda in Japan, and talks with Porsche were terminated last year