Red Bull Racing's Christian Horner says construction of the team's new engine factory on its Milton Keynes campus is running on target and gathering pace.
Red Bull will partially take over Honda's power unit program from next season before a full appropriation in 2023 that will run until the end of 2025 or 2026.
The effort represents a significant investment from the energy drink company and one that will allow for an optimal integration of its chassis and PU departments, with that benefit hopefully transferring to Red Bull's on-track performance.
"The Red Bull Powertrains project is gathering pace with every week," said Horner. "The construction is on target and it’s great to see the building really taking shape.
"All the roofing is going on and the dyno will start arriving next month. It’s really starting to come together and the effort going into it is impressive.
"We’re attracting some great talent and we also have a strong youth policy to bring in some graduates and students into the programme."
Indeed, since launching its in-house engine program, Red Bull's hiring spree has been running at full speed, with many personnel recruited directly from Mercedes' HPP engine department in Brixworth, including Ben Hodgkinson, HPP's highly rated head of mechanical engineering and its engineering chief Owen Jones.
Regarding the recent defections suffered by Mercedes HPP, Red Bull motorsport boss Helmut Marko believes the exodus would not have happened under the governance of Mercedes' former non-executive chairman, the late Niki Lauda.
"We're a cool team where passion comes first," Marko told Austrian outlet OE24. "It wouldn't have happened to Mercedes under Niki Lauda. He was closer to his engine people."
Overall, Red Bull Powertrains' workforce is expected to reach between 300 and 500 people, with a strong contingent of young engineers.
"We want to give youth a chance and are looking for candidates who think differently and come from all spectrums and backgrounds," added Horner.
"We’ll have a number of scholarships and apprenticeships. It really is a great opportunity and seeing the appeal of this project with the calibre of individuals we’re attracting, is so exciting."
Gallery: The beautiful wives and girlfriends of F1 drivers
Keep up to date with all the F1 news via Facebook and Twitter
When former Ferrari team principal Mattia Binotto took on the role of Chief Operating Officer…
Charles Leclerc concluded the 2024 F1 season with a sense of satisfaction, the Ferrari driver…
Former Formula 1 driver David Coulthard has voiced his dismay at FIA president Mohammed Ben…
Super Aguri's application to join Formula 1 became a reality on this day in 2005,…
Ferrari roared back into contention in 2024 to deliver their strongest season in years, thanks…
The hallowed grounds of the Enzo and Dino Ferrari Autodrome in Imola, a place deeply…