FORD returns to F1

4 February 2023
6540
3 min.
2
FORD returns to F1

After more than two decades, Ford is returning to Formula 1. The iconic American automaker and Red Bull Powertrains are entering into a longterm strategic technical partnership for the development of a next-gen hybrid power unit to be used from the 2026 Formula 1 season onward.

Red Bull Ford will provide the power units for both the Oracle Red Bull Racing and Scuderia AlphaTauri teams from 2026 to at least 2030.
 
“This is the start of a thrilling new chapter in Ford’s motorsports story that began when my great-grandfather won a race that helped launch our company,” said Bill Ford, executive chair. “Ford, alongside world champions, Oracle Red Bull Racing, is returning to the pinnacle of the sport, bringing Ford’s long tradition of innovation, sustainability and electrification to one of the world’s most visible stages.”
 
Starting from 2023, Ford and Red Bull Powertrains will work to develop the power unit that will be part of the new technical regulations, including a 350 kW electric motor and a new combustion engine able to accept fully sustainable fuels, ready for the 2026 season.
 
“Ford’s return to Formula 1 with Red Bull Racing is all about where we are going as a company– increasingly electric, software-defined, modern vehicles and experiences,” said Jim Farley, President and CEO, Ford Motor Company. “F1 will be an incredibly cost-effective platform to innovate, share ideas and technologies, and engage with tens of millions of new customers.”
 
Ford will provide technical expertise in all areas where it can add value to the front-running World Championship team. Areas to be explored together are in the combustion engine development and key developments like battery cell and electric motor technology, power unit control software and analytics.
 
“It’s fantastic to be welcoming Ford back into Formula 1 through this partnership,” said Christian Horner, Oracle Red Bull Racing Team Principal and CEO. “As an independent engine manufacturer to have the ability to benefit from an OEM’s experience like Ford puts us in good stead against the competition. They are a manufacturer rich in motoring history that spans generations. From Jim Clark to Ayrton Senna and Michael Schumacher, the lineage speaks for itself. For us as Red Bull Powertrains to open the next chapter of that dynasty, as Red Bull Ford, is tremendously exciting. 2026 is still a while a way but for us the work already starts as we look to a new future and a continued evolution of Oracle Red Bull Racing.”
 
Ford is investing $50 billion to lead the EV revolution around the world. It is the No. 2 U.S. EV automaker in the U.S. driven by the success of the F-150 Lightning and Mustang Mach-E, as well as the market leader in many markets around the world with the E-Transit.  Ford is working to meet increased consumer demand and deliver an annual run rate of 600,000 electric vehicles globally by the end of this year and 2 million globally by the end of 2026 as part of its Ford+ plan.
 
In 2026, Ford will be the only manufacturer to be competing in racing disciplines from grassroots motorsports to Formula 1 comprising WEC and IMSA including Le Mans 24 Hours with Mustang GT3, WRC with the M-Sport Ford Puma Hybrid Rally1, Baja 1000 with Ranger Raptor and Bronco, and NASCAR, NHRA and Supercars with Mustang. Ford continues to leverage its racing efforts to speed innovations, latest technologies and software to consumers and will continue to do so through this new partnership at the pinnacle of Motorsports for future Ford electric vehicles.
 
“We are entering an exciting new age for Ford Performance,” said Farley“We will be competing to win in F1, the pinnacle for motor sport, with Red Bull Racing.  You will see the world’s most popular sports coupe, the Mustang, race from the grass roots to Australian Supercars to NASCAR to Le Mans.  And will build our off-road leadership in the World Rally Championship, King of Hammers and to the Baja 1000 and more. All the while, we’ll continue to excite the world with cool demonstrators like SuperVan 4 and Mustang Mach-E 1400.” 

Persons2 in the news

Executive Chair FORD
1 place
Chief Executive Officer of Ford
2 place
Tags:
Section:

NEW YORK PRESS RELEASES


GlobalNY.biz Press Releases are the latest news from New York companies.
Official press releases of New York companies are regularly published on the resource. You can find out the latest news of enterprises in the corresponding section on the main page. Placing press releases is a traditional and effective way to promote your business. It allows organizations to announce themselves and their products and services to the widest possible audience. In this case, the informational occasion can be anything: attracting people to an event or conference, highlighting new products or personnel appointments. If you set a goal to draw attention to your information, then GlobalNY.biz will become your reliable assistant in this matter. Thanks to the portal, your press release will be seen by reviewers of leading Internet publications, clients and partners.
GlobalNY.biz allows representatives of companies and organizations in New York to independently post a press release when registering on the resource. The most important feature of GlobalNY.biz is that all publications of New York companies fall into the archives and will be available from the search for a long time. You just need to add the press release to the news feed.
GlobalNY.biz offers its customers a subscription service that allows companies to regularly publish press releases on favorable terms. In addition, the business portal makes it possible to more fully tell about the life of the company by adding photos and videos, personas and employee quotes. All information materials have active links and will lead potential customers to your resource.
Alena Potapova

Development Director
Population
8168473138
Died this year
52495732
Born this year
129148792