Newey previously predicted that the car - a two seater, but free from the regulation constraints of Formula 1 - would be capable of F1 lap times, and has a 'very similar' design philosophy to the likes of the dominant RB19.
The RB17 will make its public debut at the Goodwood Festival of Speed, with the 2024 edition scheduled for 11-14th July.
It will appear alongside a plethora of other Red Bull cars as the team celebrate their 20th season in F1.
Team principal and CEO of the F1 operation Christian Horner said: “We are excited to debut the RB17 to the public for the first time and couldn’t think of a better world stage than Goodwood Festival of Speed.
"The RB17 exudes rarity and engineering excellence. We’ve channelled everything we know about racing into making the ultimate performance car and can’t wait for the public to see the result.
“I’m also just as thrilled to be bringing such a remarkable selection of cars and drivers to the iconic festival and look forward to celebrating our 20th season in front of such passionate motorsport fans.
The Duke of Richmond and festival founder Charles Gordon-Lennox added: “In such a poignant year for the Formula 1 team, I am honoured they have chosen the Festival of Speed as the venue to unveil the much-anticipated RB17 for its global public debut.
"I know our fans will be hugely excited for the team to bring a multitude of their championship-winning cars and drivers to the event this year.”