There was no official confirmation from the team or their Austrian owners.
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
Four-time Formula One world champion Max Verstappen has signed a contract extension with Red Bull Racing until the end of 2030, ending speculation about his future. Despite recent performance clauses and links to other teams, Verstappen expressed his commitment to Red Bull, citing the team as a "second family."
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.
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.
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 starts new Red Bull era with Spa sprint win
The two drivers signed identical one-year contracts with an option for additional years with Red Bull Racing.
World champions Ferrari will supply Formula One newcomers Red Bull Racing with engines for 2006 and 2007.
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.
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.
Seven times world champion Lewis Hamilton was seventh for Mercedes and Lance Stroll collected the final point for Aston Martin.
Red Bull represent the 33-year-old's best chance of staying in the sport after a decade with Williams and McLaren.
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.
Verstappen's father says Red Bull will 'explode' if Horner stays
The Red Bull Formula One factory in Milton Keynes has been raided and thieves stole over 60 trophies.
George Russell won the Dutch Grand Prix sprint race from pole position, extending Mercedes' strong performance.
Formula One outfit Red Bull and British luxury carmaker Aston Martin have announced a technology partnership to build an Aston Martin-branded supercar. Red Bull's chief designer Adrian Newey will work with Aston Martin's design boss Marek Reichman on the car, dubbed Project AM-RB-001, Red Bull said on Thursday. "This is a very exciting project for everyone at Red Bull Racing," team principal Christian Horner said in a statement
Champions Renault are close to a deal to supply one of the two Red Bull-owned Formula One teams with engines next year, team boss Flavio Briatore said on Monday.
Red Bull, owned by Austrian energy drink billionaire Dietrich Mateschitz, have taken over the old Jaguar team.
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.
Formula One leader Max Verstappen passed Mercedes rival Lewis Hamilton on the penultimate lap to win a tense French Grand Prix for Red Bull on Sunday and canter 12 points clear at the top.
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.
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.
Red Bull joined champions Ferrari in agreeing to extend Formula One's existing commercial agreement to 2012 and turning their backs on a rival series.
Switzerland's Sebastien Buemi will start his fifth year as Red Bull reserve driver next season, the Formula One team said on Tuesday.
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.
A widely-circulated anonymous email put fresh focus on recent allegations of misconduct toward a female colleague.
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".
Lando Norris won a thrilling Dutch GP for McLaren's third straight Zandvoort victory, while Kimi Antonelli finished second to extend his F1 championship lead.
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.
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.
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.
Four times world champion Sebastian Vettel is leaving Red Bull at the end of the season and is set to join Ferrari, the Formula One team said on Saturday.