Red Bull Racing, competing as Red Bull Racing Honda, also simply known as Red Bull or RBR, is a Formula One racing team, racing a Honda powered car under an Austrian licence and based in the United Kingdom. The team raced under a British licence from 2005 to 2006 and has raced under an Austrian licence since 2007. It is one of two Formula One teams owned by beverage company Red Bull GmbH; the other being Scuderia AlphaTauri. The team has been managed by Christian Horner since its formation in 2005.