Since the announcement there have been rumours regarding the nature of his exit, with some reports suggesting Newey was unsettled by the internal power struggle within Red Bull.
It is unclear whether Newey is planning a move to a rival F1 team, however if he does Ferrari has been tipped as the most likely outcome.
Where does Helmut Marko think Newey will go?
Despite these rumours, Red Bull team principal Christian Horner has indicated Newey will initially take some time out from Formula 1, to spend time with his family.
Helmut Marko has also discussed Newey’s departure with, and where he thinks he will go to next in an interview with oe24.
“Newey is a legend. He is the best F1 designer and he was at his best when there were changes to the regulations because he always knows how to best exploit the new interpretations,” Marko said.
“And with Newey you have a figurehead. With him on board, young engineers were much easier to get because it was an honour for them to work with him.