The reason for doing so was not disclosed in the statement.
Christian Horner was the longest-serving team principal, having been in the position since Red Bull made its Formula One debut in 2005.
Yuki Tsunoda said he has not been offered any guarantees about how long he will stay at Red Bull
Red Bull spoke to Formula One's governing body FIA before the Canadian Grand Prix to warn them that Max Verstappen's rivals might try and lure the Dutch driver into a one-race ban, according to team boss Christian Horner.
Verstappen starts new Red Bull era with Spa sprint win
Verstappen is third overall in the standings, 61 points behind Piastri who leads Norris by 15, and chasing his third win of the campaign to make up for retirement in Austria last weekend.
Yuki Tsunoda will race for Red Bull from his home Japanese Formula One Grand Prix next week with struggling New Zealander Liam Lawson demoted to sister team Racing Bulls in a straight swap.
Red Bull suffered a second trophy malfunction in a week on Sunday after the one handed to the winning constructor at the Belgian Grand Prix was broken after a celebratory team photograph.
Former Liverpool and Borussia Dortmund boss Juergen Klopp has been appointed as the head coach of the German national football team on a four-year contract, following Julian Nagelsmann's departure and a series of disappointing World Cup performances.
Racing Bulls driver Arvid Lindblad, who has Indian ancestral roots, attributes the rise of young athletes like Vaibhav Sooryavanshi across global sports to advancements in technology and better access to information from an earlier age.
Verstappen's father says Red Bull will 'explode' if Horner stays
Kimi Antonelli of Mercedes secured his sixth victory of the season at the Belgian Grand Prix, extending his Formula One championship lead over Lewis Hamilton. The race saw incidents including a collision between George Russell and Hamilton, and Hamilton later faced investigation for an unsafe pitstop release. Charles Leclerc and Max Verstappen completed the podium.
George Russell won the Austrian Grand Prix from pole position, his second victory of the season, reducing Mercedes teammate Kimi Antonelli's Formula One lead to 40 points.
Germany's Football Association (DFB) has held initial, constructive discussions with Juergen Klopp in New York regarding him taking over as the national team head coach. Both parties are confident of reaching a deal, pending agreement with Klopp's current employer, Red Bull. Klopp is the DFB's preferred choice to succeed Julian Nagelsmann after Germany's disappointing World Cup exit.
Kimi Antonelli claimed Monaco Grand Prix pole position with a stunning 'magic lap', narrowly beating Max Verstappen as Ferrari stars Lewis Hamilton and Charles Leclerc settled for the second row.
Red Bull's triple World champion Max Verstappen claimed pole position on Saturday for the Miami Grand Prix, to start from the front of the grid for the sixth straight race this season.
Seven times world champion Lewis Hamilton was seventh for Mercedes and Lance Stroll collected the final point for Aston Martin.
McLaren's Lando Norris secured pole position for the Hungarian Grand Prix, narrowly beating Lewis Hamilton, who is now under investigation for potentially impeding another driver during qualifying.
Formula One could take another twist in Austria this weekend after Lewis Hamilton ended Mercedes' dominant run with his breakthrough first win for Ferrari in Spain.
Antonelli won the 17-lap sprint ahead of Hamilton, a record nine-times winner at Silverstone in a career that started in 2007, to go 43 points clear of Briton Russell in the standings.
As impressive as those results have been, Red Bull team principal Christian Horner took the opportunity after the race to issue a scary warning that his team is capable of winning every grand prix this season.
Mexican team mate Sergio Perez qualified second fastest in a front row lockout for Red Bull, 15 years after the team took their first win at the Shanghai International Circuit with Sebastian Vettel.
Mercedes driver and seven times world champion Hamilton told reporters Marko's words were "not something that you just apologise (for) and it's all OK".
A widely-circulated anonymous email put fresh focus on recent allegations of misconduct toward a female colleague.
The victory at Suzuka was the Dutch driver's 13th in 16 races this season and left him on the brink of a third world title.
Among all the celebrations for Red Bull's second Formula One constructors' championship in South Korea on Sunday, one familiar team face was notably absent.
Mercedes driver Kimi Antonelli needs a strong performance at the Belgian Grand Prix to extend his Formula One championship lead, which has shrunk to 25 points over teammate George Russell, as a resurgent Ferrari, with Lewis Hamilton and Charles Leclerc, poses a significant threat.
Max Verstappen returned to the Formula One podium for the first time this season on Sunday but the Red Bull driver, third in Canada, left no doubt about his unhappiness with new rules he considers to be anti-racing.
Dominant Formula One leader Max Verstappen ran away with the Hungarian Grand Prix by a mighty margin on Sunday as Red Bull made history with a record 12th victory in a row.
The two drivers signed identical one-year contracts with an option for additional years with Red Bull Racing.
Formula One championship leader Kimi Antonelli stayed ice-cool to win a chaotic Monaco Grand Prix and extend his run of victories this season to five on Sunday.
Germany's Sebastian Vettel will replace retiring David Coulthard at Red Bull Formula One team next year.
A YouTuber in Shivpuri, Madhya Pradesh, known for showcasing her lavish lifestyle online, had goods worth nearly Rs 1 lakh stolen from her home. Police suspect the thieves used her social media posts to plan the crime and are investigating, having found some clues.
There was no official confirmation from the team or their Austrian owners.
The Dutch driver won the race at Suzuka, with Leclerc demoted from second to third behind Red Bull's Sergio Perez for cutting the final chicane while defending from the Mexican on the last lap.
Spain's Lamine Yamal and Pedro Porro trained separately from the main squad in New Jersey as a precautionary measure ahead of Sunday's World Cup final against Argentina, with both players expected to be available.
Lewis Hamilton secured his first Grand Prix victory with Ferrari at the Spanish Grand Prix, ending Kimi Antonelli's winning streak. At 41, Hamilton became Formula One's oldest winner since Jack Brabham in 1970, marking his 106th career win.
World champions Ferrari will supply Formula One newcomers Red Bull Racing with engines for 2006 and 2007.
Australian Daniel Ricciardo won the Chinese Grand Prix for Red Bull on Sunday while Ferrari's championship leader Sebastian Vettel finished only eighth.