Both Max Verstappen and Sergio Perez suffered drastic dips in form midway through the year, but while the former managed to recover in time to deliver a fourth consecutive world title, his team-mate limped to the finish line.
Red Bull's struggles also allowed Ferrari to mount a late charge for glory, but the Italians were forced to make do with ending 2024 as runners-up, one place ahead of the defending champions.
To celebrate Verstappen’s fourth championship, click here to pre-order the official champion cap, as worn by the Red Bull driver following his championship-winning drive in Las Vegas.
Could Verstappen-Lawson partnership pose problems?
Perez - who had signed a new deal with the team back in June - was dismissed at the end of the season, with Liam Lawson announced as his replacement after impressing during a short stint at sister team VCARB.
But while there is much excitement to see what the Kiwi can do alongside one of the best drivers in the sport's history, former Williams racer Juan Pablo Montoya believes there could be fireworks between the duo, with each driver not afraid to show their emotions.
And that, according to Montoya, could lead to major problems - especially when it comes to obeying team orders.
Speaking to CasinoApps, the Columbian said: "Max Verstappen gets frustrated and he's still young, I don't think he'll want to quit F1.
"He's so used to having everything go his way, so when something doesn't, we see a different side to him.
"I'll be very interested to see how Liam Lawson will be as a number two, he'll be in the same car as Verstappen and in the heat of the moment, Lawson can forget team orders.
"Verstappen and Lawson could have a combustible partnership, but it would be good for TV."