P1racenews AI automatic summary:
Ford-Red Bull F1 progress “on track”, as CEO offers 1970s era comparison
The American car company Ford has partnered with the Milton Keynes-based Red Bull Powertrains division to work on the new 2026 engine. Ford was chosen for its battery expertise, which is crucial for the upcoming engine regulations that involve electrical energy accounting for around 50% of the overall power. Ford’s CEO, Jim Farley, expressed confidence in the progress during a recent event and stated that they are on track with the powertrain development. This marks Ford’s return to Formula 1 after a hiatus since the early 2000s, but this time, the goal is focused on direct technical transfer from the race track to road cars in the electric technology sector. Farley emphasized the importance of technology transfer and the opportunities it presents for Ford to become a market leader in electric cars, while also expressing optimism about success on the track with Red Bull.
