As reported by Motorsport.com in October, Red Bull has lured ExxonMobil away from McLaren, ending a partnership of 21 years.

Red Bull had been using fuel and oil from Renault's partner Total, but will switch to ExxonMobil next year despite continuing to run with the French engines.

"Mobil 1 and Red Bull Racing are two global brands that share a passion for racing, performance and innovation," said team boss Christian Horner.

"Mobil 1 has been an iconic brand in Formula 1 for more than 30 years and our new partnership provides us with a unique opportunity to tap into ExxonMobil’s world class expertise."

"In addition to welcoming ExxonMobil to the Red Bull Racing stable, I would like to extend my thanks and appreciation to the technical team at Total, who have made a valuable contribution to our success in Formula 1 during our partnership."

ExxonMobil has been involved in Formula 1 for 31 years, having supplied fuel and lubricants to over 100 race-winning cars.