Set your Instant Pot to the sauté setting on "normal" heat.
Heat 1 tablespoon of olive oil, and add the diced onion. Sauté for 2-3 minutes, until just translucent.
1 tablespoon extra virgin olive oil, 1 large onion
Add the garlic, carrots, and celery, and sauté for about 5 minutes, stirring frequently, until the vegetables are starting to soften and just take on a golden hue.
1 cup diced carrot, 3 cloves garlic, 1 cup diced celery
Add the canned tomatoes, tomato paste, wine, butter, honey, oregano, basil, bay leaves, red pepper flakes, salt, pepper, and extra liquid.
3 cloves garlic, 3 cans crushed tomatoes, 4 tablespoon tomato paste, ½ cup dry red wine, 2 tablespoon butter, 1 teaspoon honey, 3 small bay leaves, 2 teaspoon dried oregano, 2 teaspoon dried basil, ½ teaspoon red pepper flakes, 1 teaspoon sea salt, ½ teaspoon freshly ground black pepper, 1 cup vegetable broth or water
Seal the lid, and set to manual pressure cooking on high pressure for 25 minutes. It will take about 15 minutes to come up to pressure.
When the pressure cooking cycle is complete, allow the pressure to release naturally for 15 minutes, and then quick release the remaining pressure.
Remove the bay leave, stir the pasta sauce, and purée if desired.