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Sao Paulo, Brazil - Red Bull plan to stay in Formula 1 in 2016, it was confirmed by the team's motorsport advisor Helmut Marko on Friday.
Marko told Sky Germany television that 2016 would be a rebuilding year for the four-time champion team and confirmed that both Red Bull and their sister team Toro Rosso will "be on the grid".
Marko said: "Both Red Bull Racing and Toro Rosso will be on the grid next year. We have an engine partner, but we haven't finalised everything yet. Next year, 2016, will be a transition year for us in order to come back even stronger in 2017. We are optimistic that then we will be able to fight for victories and the world titles again.
Good news for fans
"For the moment, we cannot disclose any details for 2016 as we still work on the details."
News of Red Bull's commitment was welcomed around the Interlagos paddock ahead of the 2015 Brazilian Grand Prix.
Red Bull's Daniel Ricciardo said he had never doubted the team would stay in F1, contrary to the threats made by Red Bull owner Dietrich Mateschitz.
Ricciardo said: "It is nice to know. I always had faith we would, but it is the first step towards a better 2016, so it is good news."