Red Bull Racing have confirmed that they are splitting up with title sponsor Infinti, one year earlier than originally stipulated. The tie-up between the F1 Team and Infiniti was was worth in the region of $70million per annum.
The split is part of Red Bull Racing's renegotiated power unit deal with Renault and the Milton Keynes based team's new partnership with Swiss watchmaker Tag Heuer which will see the Renault engines rebranded as Tag Heuer units.
Commenting on the split, Red Bull team principal Christian Horner said: "We would like to say a big thank you to Infiniti for their contribution to the team since they joined us as a commercial partner in 2011. They became the title sponsor of the team in 2013 when Infiniti enjoyed greater visibility than any other manufacturer in the sport. We wish them all the best with their plans for the future."
In addition to the loss of the yearly $70 million, Red Bull Racing will no longer be provided with light commercial vans by Nissan, Infiniti's parent company and