However, whilst Max Verstappen looks like a shoo-in to claim his fourth consecutive drivers' championship title in 2024, the team have a huge scrap on their hands in the constructors' championship this year, with McLaren, Ferrari and Mercedes all looking strong in recent races and having significantly closed the gap on their rivals.
This year, for example, there have been seven different grands prix winners across four teams.
One man who is still with the team is technical director Pierre Wache, who has worked closely with Newey during Red Bull's period of extended dominance.
Wache was asked by Motorsport.com whether the RB20 has been as the team had hoped: "I would say not really. We improved compared to last year, without doubt, but we didn’t deliver what we expected in some areas," the Frenchman revealed.
"Especially in the high-speed corners we expected a little bit more than what we have. Without thinking about the competitiveness of the car, so just based on our own references, we expected a little bit more with our tools.
"We are using quite an old wind tunnel and it can also be linked to the reduced capacity due to our position in the championship, and maybe also the fact that this is the third year with this type of regulations."