It has been reported that Ferrari will only supply junior team Toro Rosso with its engines for the 2016 season.
Ferrari feel supplying them with a 2015 engine will still make them too competitive, limiting the opportunities for their own team to score points. This was the same reason Mercedes pulled out of any potential partnership with Christian Horner's team too.
It now leaves Red Bull in a precarious position. Their relationship with Renault ended in a messy and very public divorce and now with both Ferrari and Mercedes ruling out any kind of deal, they are not just left without competitive engine for next season, but without any engine whatsoever. Perhaps the previous threat of leaving Formula One may well come to fruition for the parent Red Bull team.
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This is turning into a complete farce for all involved with the FIA and Bernie Ecclestone unable to have any say in the matter, Ferrari and Mercedes can effectively eliminate one of their biggest rivals on the grid, on the flip side this would not have come to pass if Red Bull had not so publicly criticised Renault and then refused to take this season's engine from Ferrari.
In a bizarre turn of events it has also been rumoured that the ever Bernie Ecclestone will charge Red Bull $100 million dollars a year for the next five years if they opt to walk away from Formula One at the end of season. They signed a deal in 2010 with the F1 supremo to guarantee their inclusion in the championship for at least 10 years, therefore he has every right to be annoyed at their behaviour.
This leaves Red Bull two options: beg, borrow or steal and engine for next season or up and leave but this would result in them damaging their ever-growing impressive image and having a massive financial outlay over the next five years with nothing in return.
Watch this space, this is far from over!