After more than two decades, Ford is returning to Formula1. The iconic American automaker and Red Bull Powertrains are entering
into a long term strategic technical partnership for the development of the next-gen hybrid power unit to be used from the
2026 Formula 1 season onwards. Red Bull Ford will provide the power units for both the Oracle Red Bull Racing and
Scuderia Alpha Tauri teams from 2026 to at least 2030.

“This is the start of a thrilling new chapter in Ford’s Motorsports story that began when my great-grandfather won a race that helped
launch our company,” said Bill Ford, executive chair. “Ford, alongside world champions, Oracle Red Bull Racing, is returning to the
pinnacle of the sport, bringing Ford’s long tradition of innovation, sustainability and electrification to
one of the world’s most visible stages.”

The seventh-generation Mustang is the most exhilarating yet. Behind the chiselled exterior lies the most
technologically advanced, driver-centric cockpit of any Mustang to date.

Ford’s rich history in Australian Motorsport continues with the 2023 debut of the Gen3 Mustang GT in the Repco Supercars Championship.
A much closer marriage of road car and race car, the Gen3 looks every inch a Mustang but with the fierce competitive heart of
generations of Ford SuperCars. Andrew Birkic, Ford Australia President and CEO, says, ‘We want to make the sport
better for fans, with more relevant cars, and more entertaining racing.’

Ford’s widely acclaimed performance range takes our learnings from race tracks and rally circuits around the world to
design and engineer performance vehicles that excite and inspire.