Red Bull Racing, also simply known as Red Bull or RBR and currently competing as Oracle Red Bull Racing, is a Formula One racing team, racing under an Austrian licence and based in the United Kingdom. It is one of two Formula One teams owned by conglomerate company Red Bull GmbH, the other being Scuderia AlphaTauri (previously Scuderia Toro Rosso). The Red Bull Racing team has been managed by Christian Horner since its formation in 2005. 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 ). During this partnership, they won four successive Drivers' and Constructors' Championship titles from to , becoming the first Austrian team to win the title. The team began using Honda engines in . 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. Honda left the sport officially after 2021, but will continue to supply complete engines from Japan to the team under Red Bull Powertrains branding until the end of 2025. History Origins The current Red Bull team can trace its origins back to the Stewart Grand Prix outfit that made its debut in . Jackie Stewart sold his team to the Ford Motor Company late in 1999, and Ford made the decision to rebrand the team Jaguar Racing with little subsequent success over the next five years. The Jaguar Racing Formula One constructor and racing team 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 the final day of the sale, 15 November 2004. BBC Sport reported that Ford asked bidders for a symbolic US$1 in return for a commitment to invest US$400 million in the team over three Grand Prix seasons. The team continued to have access to the Cosworth engine developed for their 2005 chassis, and the operation continued under the new title. Christian Horner was installed as the new team boss and lined up David Coulthard and Christian Klien to drive for the team.