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Red Bull Racing switching to Renault engines for 2007

MILTON KEYNES, England -- Red Bull Racing will switch to
Renault engines for next year's Formula One season and Scuderia
Toro Rosso will be supplied by Ferrari.

Red Bull, which owns both teams, made the announcement Tuesday.
Red Bull Racing used Ferrari engines during the 2006 season, while
Toro Rosso raced with Cosworth.

Ferrari said it had agreed to a two-year deal with Toro Rosso,
with an option for another year. It also said the final year of its
deal with Red Bull Racing was ended by mutual consent.

"We are pleased to be embarking on a new long-term relationship
with Scuderia Toro Rosso," Ferrari chief executive Jean Todt said.
"It will allow us to strengthen our ties with the world of Italian
motor sport and also to work with a team run by Gerhard Berger, our
former driver and friend of Ferrari."