Red Bull Racing

History

Red Bull Racing is a Formula 1 racing team that has grown into one of the most successful teams in the sport.

The team was formed from the ashes of Stewart Grand Prix and Jaguar Racing and was bought by the now-deceased Red Bull owner, Dietrich Mateschitz.

The team made its official debut in 2005 and has since won six Driver's Championships, five Constructor's Championships, over 80 pole positions, and over 90 race victories.

In 2007, the team switched to Renault power and saw their first race win in 2009, with Sebastian Vettel winning the Chinese GP.

In 2010, the team added nine more wins to their tally, with Mark Webber nearly grabbing Red Bull's first Driver's Championship title.

Sebastian Vettel after winning the Brazilian Formula One Grand Prix at Autodromo Jose Carlos Pace on November 24, 2013 in Sao Paulo, Brazil. (Photo by Clive Mason/Getty Images)

Vettel went on to win the Driver's Championships in 2011, 2012, and 2013, with Webber helping the team secure the Constructor's Championships.

In 2014, Formula 1 switched to 1.6L turbocharged V6 engines and Renault struggled to compete with Mercedes' power unit.

This led to Red Bull blaming Renault for their lack of success and eventually parting ways at the end of 2018.

Red Bull took the gamble of running Honda engines and saw steady improvement, with Honda producing the sport's most durable engine by the time they left the sport in 2021.

Max Verstappen has been the figurehead of Red Bull's recent success, winning his first race with the team at the Spanish Grand Prix in 2016.

In 2019 and 2020, Red Bull struggled to find a reliable second driver to support Verstappen in the fight with Mercedes, but they confirmed Sergio Perez for 2021 and retained him for 2022.

Verstappen fought an enthralling battle with Lewis Hamilton in 2021, taking 10 grand prix victories and becoming the sport's newest World Champion.

He successfully defended his title in 2022, breaking records for the most wins in a single season, most points in a season, and overturning the biggest deficit to win the World Championship.

Perez, with two wins, helped Red Bull secure the Constructor's Championship, their first double since 2014.

However, the year wasn't without controversy, as Red Bull was found guilty of breaching the budget cap on their way to the 2021 title and was fined $7 million and had 10 percent of their R&D time docked for the 2023 season.

It remains to be seen how much this penalty will affect the team in 2023 and the years to come.