Red Bull Racing

Red Bull Racing

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Red Bull Racing

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Description:
Red Bull Racing is a Formula One racing team based in Milton Keynes, England, which currently holds an Austrian licence and is one of two Formula One teams owned by Austrian beverage company Red Bull, the other being Scuderia Toro Rosso. The team became the 2010 Formula One Constructors' Championship winner in only their sixth year of competition, becoming the first Austrian team to win the title. The team also produced the world champion driver in 2010, Sebastian Vettel. The team is managed by Christian Horner, boss of the Arden International GP2 Series team. The team uses Renault engines.

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 its owner, the Ford Motor Company, decided it could "no longer make a compelling business case for any of its brands to compete in F1." 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...
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