(MENAFN- Asdaf News)
Riyadh – Asdaf News:
Ford is making a comeback to Formula 1 after more than two decades. A long-term strategic technological cooperation between the venerable American carmaker and Red Bull Powertrains is being established for the development of the next-generation hybrid power unit, which will be used starting with the 2026 Formula 1 season. From 2026 till at least 2030, Red Bull Ford Powertrains will supply the engines for the Scuderia AlphaTauri and Oracle Red Bull Racing teams, respectively.
The power unit that will be required by the new technical requirements, which will include a 350kW electric motor and a new combustion engine capable of running on entirely sustainable fuels, will be developed starting in 2023 by Ford and Red Bull Powertrains in time 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 away 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 number 2 EV company 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 Baha 1000 and more. All the while, we'll continue to excite the world with cool demonstrators like SuperVan 4 and Mustang Mach-E 1400.”