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.
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 said he has not been offered any guarantees about how long he will stay at Red Bull
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.
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 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.
Verstappen's father says Red Bull will 'explode' if Horner stays
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.
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.
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.
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.
George Russell secured pole position at the Canadian Grand Prix, narrowly beating teammate Kimi Antonelli in a thrilling qualifying session. Lando Norris will start third, while Max Verstappen expressed frustration with his car's performance.
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.
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.
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.
Lando Norris secured pole position for the Miami Grand Prix sprint race, outperforming Kimi Antonelli and Oscar Piastri. This victory marks a significant upgrade for McLaren, boosting their confidence for the main race.
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.
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.
Artificial Intelligence is rapidly transforming Formula One, with teams like Williams and Red Bull using AI for race strategy, data analysis and operations as tech partnerships and sponsorship revenues surge.
The two drivers signed identical one-year contracts with an option for additional years with Red Bull Racing.
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.
Germany's Sebastian Vettel will replace retiring David Coulthard at Red Bull Formula One team next year.
There was no official confirmation from the team or their Austrian owners.
Max Verstappen says he is considering F1 retirement after a frustrating start to the season, saying all options are open despite his Red Bull contract till 2028.
George Russell emerged victorious in the Canadian Grand Prix sprint race, leading from pole position.
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.
Spanish matador Fernando Alonso followed in the footsteps of a veteran Argentine red 'Bull' on Sunday to beat the modern-day Red Bulls and give Ferrari a longed-for 60th anniversary present.
Red Bull owner Dietrich Mateschitz has blamed Formula One's engine rules for effectively ending his team's title hopes.
Meet the Indian-origin driver to race at Formula One this season.
Nissan's premium car brand Infiniti will become title sponsor of Formula One world champions Red Bull next season under a new four-year deal, both parties announced on Sunday.
Ferrari's Carlos Sainz won the Singapore Grand Prix on Sunday to end Formula One leader Max Verstappen's record run of 10 wins in a row.
Lewis Hamilton celebrated his strongest performance yet in Ferrari red after finishing second at the Canadian Grand Prix on Sunday, crediting behind-the-scenes changes and a fresh approach to car setup for finally unlocking his potential with the Italian team.
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