Image source: RacingNews 365
P1racenews AI automatic summary:
Ford CEO Jim Farley has laid out what the Blue Oval intends to achieve with its partnership with Red Bull which is due to start in 2026.
Ford is planning to return to Formula 1 after its previous venture with Jaguar ended in failure in the early 2000s. Since then, Ford has focused on sportscar racing and NASCAR, where it has had success. In 2020, Ford announced its return to F1 as an engine technical partner to Red Bull Racing. Ford will officially enter as a partner in 2026, when new power unit regulations will be implemented. The company sees F1 as a way to transfer technology and improve its electric and digital cars. Ford believes it has the best team and resources to succeed in F1.
