Red Bull Racing has announced that it will present its 2021 car - the RB16B - next week, on February 23rd.

The Milton Keynes-based outfit is following the trend set by several teams this year in sticking with its 2020 nomenclature but adding a 'B'.

The team's 2021 contender will be powered a heavily revised Honda power unit, with the Japanese manufacturer pulling out the stops for the final year of its partnership with Red Bull and ahead of the latter taking over the Japanese manufacturer's engine program from 2022.

But the main change at the former championship winning team - and a source of intrigue for fans - is the arrival of Sergio Perez alongside the team's star driver Max Verstappen.

After an inevitable period of adaptation, the Mexican who won his maiden Grand Prix last December at Sakhir is expected to give Verstappen a run for his money while also helping Red Bull challenge rival Mercedes on a more consistent basis.

Haas is the only remaining F1 team to that has yet to communicate its 2021 launch date. The schedule of presentations as well as this year's calendar can be found here.

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