In addition to a new ICE, Verstappen will also use a new exhaust system, his sixth out of an eight part allowance.
RB'sYuki Tsunoda will also receive a penalty for making a full suite of engine changes, and will start the Belgian GP at the back of the grid.
Max Verstappen's penalty comes after a P5 finish in Hungary
Why have Red Bull made changes in Spa?
Verstappen has been tipped to take this penalty at Spa since he made his fourth change at the Spanish Grand Prix.
Red Bull's car has typically suited Belgium, with overtaking easier compared to other circuits which explains why they have finally chosen to make changes.
The three-time world champion pulled off an impressive fight-back from P14 to first at the 2022 Belgian Grand Prix, a feat he will be hoping to replicate this year.