this post was submitted on 19 Mar 2025
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It says the opposite โ they do have an engine that will be ready for 2026, unless they change the rules for 2026. They would want the 2026 changes to go ahead as planned for a couple years before then moving to V10.
... Red Bull that is; Ferrari might be the ones pushing the idea of dropping the 2026 change. If so maybe they just think they have an advantage with the current rules and don't want to risk giving it up.