Cape Town - After
a breakdown in relationship with Renault in 2015, Red Bull declared a
deal to rename their power unit to TAG Heuer instead of the French
Manufacturer and have now announced that the deal will run to 2018.
Alongside their contract extension with the TAG Heuer brand, Red Bull
also announced earlier in the year that they have extended their deal
with Renault to 2018 as the two decided to bury the hatchet.
With their power unit and branding confirmed for another two-years,
Red Bull principal Christian Horner expressed his excitement at the
“I am very pleased to be extending our engine partnership with TAG Heuer today,” he said in a statement.
"TAG Heuer and Red Bull Racing are two brands which both have a
passion for racing and a drive to do things differently, and this forms
the basis of our partnership.
"The TAG Heuer motto of ‘Don’t Crack Under Pressure’ is something
that we at Red Bull Racing live by day-to-day, so we look forward to
helping TAG Heuer tell that story in the seasons ahead.”