As reported by GB News, the statement read: “Adrian is contracted until at least the end of 2025 and we are unaware of him joining any other team.”
The 65-year-old Brit is often regarded as F1’s greatest-ever car designers having played a huge part in Red Bull’s two dominant eras.
Newey has also played a key role in Williams and McLaren’s previous success in the sport.
If Newey is to leave Red Bull, it could lead to a potential exit for Max Verstappen.
Speaking recently about his future, the 26-year-old said: “I signed a long deal. The only thing I said from the beginning is we want to have a peaceful environment, lately we have been talking about the car.
“I am happy about that, I am happy with the team and there has never been a reason to leave.”
With Lewis Hamilton set to join Ferrari in 2025, Verstappen has been linked with a move to Mercedes as the Brit’s replacement.
When asked about Verstappen to Mercedes, Sky Sports commentator David Croft has his doubts.
He said prior to the Japanese Grand Prix: “Sebastian Vettel always said when he retired from Formula 1 that if anyone wanted to give him a seat for a one-off race, Suzuka wouldn’t be a problem and he would love to come back here. But is Max Verstappen going to get that seat at Mercedes first?