Red Bull Powertrains was created in 2021 to supply power units to Oracle Red Bull Racing and Scuderia AlphaTauri for the 2022 Formula One season and beyond.

Red Bull Powertrains currently works alongside Honda on the engines and will continue to do so trackside until the end of the 2025 season when the next generation of engines will be introduced.

Red Bull created the new power unit division, Red Bull Powertrains 2026 Ltd, based at the Red Bull Technology Campus in a purpose-built, state-of-the-art facility. 

A Red Bull Powertrains 2026  team has been recruited and having recently taken up residence in the new facility, is working towards developing a power unit which will comply with 2026 regulations.