You wont be able to do this with only a formula URL -> because the redirecting wont work -> Because you wont have the record ID# of the new record during button click -> because it doesn't exist
(I like my progression arrows)
You can do the first part with a formula URL, but you will need to use a webhook to create the form.
Button Click -> Creates Record
New Record -> Triggers webhook
Webhook -> uses the server script for your form creation and passes the Record ID# and other details for the form creation.
What "form creation" system are you using?
