The Racing Bulls VCARB 02 F1 car constructed by Racing Bulls will be driven during the 2025 season by Yuki Tsunoda and Isack Hadjar. The turbocharged V6 engine is a Honda RBPTH002 power unit, and will be the final Racing Bulls car to be equipped with the Honda RBPT-badged engines. For the next season, Racing Bulls and its Red Bull Racing team sibling will use Red Bull Powertrains Ford engines.

During the 2024 Formula One season, the team went by the 'RB' name and the team's VCARB 01 F1 car was driven by Daniel Ricciardo and Yuki Tsunoda. When Ricciardo left after the 2024 Singapore Grand Prix, he was replaced by Liam Lawson. Ayumu Iwasa was the team's reserve driver.

The Visa Cash App RB F1 Team finished the 2024 season with 46 points and placed 8th in the championship.

For the 2025 season, the RB/Racing Bulls team moved to a new facility on the Red Bull Racing premises. The team's F1 car was an evolution of the previous season, and it shared (as many as rules allowed) components with the Red Bull Racing cars - the list includes the gearbox, Honda-built powerplant and suspension components.

by Dan Vaughan