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Red Bull owner, Dietrich Mateschitz, has given team principal Christian Horner until the weekend before Abu Dhabi to find an engine supplier for 2016, otherwise the team will be pulled.
Mateschitz has given the team a three week extension on finding an engine supplier for next season. Originally, the team had until the end of October to find a supplier for next season.
The Milton Keynes based team announced early on in the season that they plan to not continue with Renault next season, and they would look for another supplier.
The team have until November 22nd to find an engine supplier.
Red Bull have failed to grab an engine from Mercedes or Ferrari, leaving them with the options of Honda or Renault.
This season, Red Bull have appeared on the podium 3 times, won zero and are currently sitting 4th in the constructors. The last time the four-times world champions finished below second was in 2008.
It is argued that the poor performance of Red Bull is due to the Renault power-unit being poor compared to that of the Mercedes, or even the Ferrari.
Horner told Autosport that Honda are keen to supply Red Bull for next season, however they are being blocked by McLaren chief, Ron Dennis.
The team boss was also quoted saying that the team are “right on the limit” to get their 2016 challenger ready for the first pre-season test at the end of February.
Sister team, Toro Rosso, are set to rekindle their relationship with Ferrari and sign a new deal with the Italian manufacturer for 2016.
The question is, are Red Bull vital for Formula One? With the loss of smaller teams in F1, will a loss of a dominant team cause more stress among the paddock? Give us your thoughts.
