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Ferrari to Supply Engines to Red Bull

World Champions Ferrari will supply engines to the Red Bull Racing team for two years from the start of next season after reaching an agreement with the outfit

The Italian giants, who currently supply Sauber with Petronas-badged engines, said they have reached an agreement to supply Red Bull for the 2006 and 2007 seasons.

Ferrari boss Jean Todt said: "We are pleased to have reached this agreement with Red Bull Racing. The determination, motivation and enthusiasm of the people at Red Bull Racing were key factors in taking this decision.

"This collaboration fits in with the fact that, since 1991, with a break from 1993 to 1996, Ferrari has supplied its F1 engines to other teams."

Ferrari have supplied engines to Minardi in 1991 and 1992 then took a break until 1997, when they signed up with Sauber. They did not state whether they will continue with Sauber or supply only Red Bull next season.

Red Bull joined the grid this year after taking over the Jaguar Racing team from Ford at the end of last year and they are currently using Cosworth engines. They have scored 12 points so far this year.

"Ferrari is synonymous with success in Formula One and we are extremely proud and privileged that Red Bull Racing will be powered by Ferrari engines from 2006 onwards," said Red Bull team principal Christian Horner.

"This is an enormous boost for the team and underlines our commitment to compete at the forefront of Formula One."

Red Bull, owned by Austrian energy drink billionaire Dietrich Mateschitz, are using Cosworth engines this year after buying the Jaguar team from Ford last November.

The Swiss-based Sauber team currently use Ferrari engines under the Petronas name of their major Malaysian oil company sponsor. Sauber have been linked with Williams' partners BMW, who have also said they are willing to supply a second team, although Ferrari have supplied two other teams in the past.

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