The Red Bull Multi-Team Ownership Debate: Governance, Valuation, and the Future of Racing Bulls in Formula 1

Side-by-side front view of Oracle Red Bull Racing F1 car and Visa Cash App Racing Bulls F1 car, representing Red Bull’s dual team ownership issue in Formula 1 2026

Formula 1 is pressuring Red Bull to sell Racing Bulls as the FIA reviews multi-team ownership. With $2.3B offers rejected and conditions like mandatory Red Bull Ford engines, driver seat guarantees, and tech purchases, the 2026 sale could reshape F1’s competitive balance. Analysis of valuation, regulatory risk, and BYD/Geely buyer interest.