The 2022 FIA Formula One World Championship is a planned motor racing championship for Formula One cars which will be the 73rd running of the Formula One World Championship. Red Bull Racing initially wanted to have clarity in mid-November about the engine with which they will start in Formula 1 in 2022. Red Bull owner Dietrich Mateschitz has always stressed the importance of reducing engine costs in F1 - so to swallow that up himself and run an engine programme would mark a significant U-turn. This deadline was then postponed to early December and late to mid-December. Nov 14, 2020, 8:03 AM. Thought previously to be secured with a return to Renault engine … A detailed report by ‘The Race’ stated, “Renewed discussions over an early Formula 1 engine development freeze mean Red Bull is closing on a deal to take over Honda’s engine from 2022 onwards. Red Bull wants F1 2022 engine decision by end of November. By: Luke Smith. With Honda leaving Formula 1 by the end of 2021, Red Bull still has yet to confirm their engine supplier for 2022 and beyond, but TJ13 has learned that a solution has been found and it involves the current Honda engine boss. Red Bull appear hopeful of being able to keep hold of a Honda engine even after the Japanese manufacturer leave Formula 1 in 2021.. Red Bull have formed their own powertrain company and will continue to race from 2022 with engines using Honda technology, the Formula One team said on Monday. Red Bull will take over a portion of Honda’s Milton Keynes facility. Red Bull Racing was heading into 2021 with a lame-duck engine program after engine supplier Honda announced in October that would be exiting F1 at the end of the 2021 campaign. Ever since Honda announced their shock exit, Red Bull … Red Bull have formed their own powertrain company and will continue to race from 2022 with engines using Honda technology, the Formula One team said on Monday. Red Bull … Red Bull want to know what F1 power unit they will be using for 2022 before the end of the month says Team Principal Christian Horner, with taking over the … However, there is still no clarity. ... Red Bull Racing will take over Honda's engine programme and manage it in-house setting up a new division called Red Bull Powertrains Limited. Red Bull owner Dietrich Mateschitz has always stressed the importance of reducing engine costs in F1 - so to swallow that up himself and run an engine programme would mark a significant u-turn.