The 2015 Red Bull Air Race of Budapest was the fourth round of the 2015 Red Bull Air Race World Championship season, the tenth season of the Red Bull Air Race World Championship. The event was held on the Danube river in Budapest, Hungary.
Austria's Hannes Arch took his second successive victory by 0.207 seconds ahead of championship leader Paul Bonhomme, with Martin à  onka completing the podium in third place. In the Challenger class, Daniel Ryfa took his second successive win by 0.227 seconds ahead of Mikaël Brageot, with Peter Podlunà ¡ek and Petr Kopfstein also finishing within a second of Ryfa.
|- style="text-align:center" |width="35%"|Previous race:<br/>2015 Red Bull Air Race of Rovinj |width="30%"|Red Bull Air Race<br/>2015 season |width="35%"|Next race:<br/>2015 Red Bull Air Race of Ascot |- style="text-align:center" |width="35%"|Previous race:<br/>2009 Red Bull Air Race of Budapest |width="30%"|Red Bull Air Race of Budapest |width="35%"|Next race:<br/>2016 Red Bull Air Race of Budapest |- style="text-align:center"