Red Bull says no to Abu Dhabi-backed Racing Bulls bidRed Bull has reportedly rejected an offer worth up to $3 billion for its second Formula 1 team Racing Bulls. Liam Lawson, British GP 2026© Red BullRed Bull spurns $3bn Abu Dhabi-backed bid for Racing Bulls F1 team, The Times reported. However, neither Red Bull nor the reported bidders have publicly confirmed the approach, meaning the proposed transaction and its rejection remain unconfirmed. Racing Bulls remains a central part of Red Bull's unusual two-team structure, allowing young drivers to gain Formula 1 experience before potentially graduating to the senior team. Max Verstappen and current Red Bull driver Isack Hadjar both passed through the Faenza-based operation, while Liam Lawson and Arvid Lindblad now form Racing Bulls' 2026 lineup.