Red Bull Racing is an Austrian Formula One team based in Great Britain and active since 2005. Christian Horner has been team principal since its foundation in 2005. The team raced under a British license in 2005 and 2006 and has had an Austrian license since 2007. It is one of two Formula One teams owned by the Austrian energy drink company Red Bull, alongside RB F1 Team, which was also acquired in 2005. From 2022, the team will race under the name "Oracle Red Bull Racing".

Red Bull used Cosworth engines in 2005 and Ferrari engines in 2006. The team switched to Renault engines from 2007 to 2018. During this period, four consecutive individual and constructors' world championships were won; from 2010 to 2013. From 2016 to 2018, the Renault engine was officially called "TAG Heuer". In 2019, the team started using Honda engines.