After more than two decades, Ford is returning to Formula 1. The iconic American automaker and Red Bull Powertrains are entering into a long term strategic technical partnership for the development of the next-gen hybrid power unit to be used from the 2026 Formula 1 season onwards.

After more than 20 years, and as F1 transitions to a new and more electrified future, now is the time for Ford to make its long-awaited return to the FIA Formula One World Championship.

Ford Motor Company today reported its December 2022 U.S. sales results.

Ford has launched the Double Cab versions of its smartest, most versatile, and most capable Ranger yet, with the rest of the 24-strong model range – including the workhorse Single Cab and practical Rap Cab models – scheduled to be released in early 2023. The highly anticipated Next-Generation Ranger is set to establish new benchmarks for the extremely competitive bakkie segment while creating a vehicle and ownership experience that owners can rely on for their businesses, family lives and adventure.

The World Economic Forum and U.S. Special Presidential Envoy for Climate announced at COP27 the expansion of a coalition of global companies and new purchase commitments for green technologies by 2030 to make a critical contribution to achieving net-zero emissions by 2050.