Alan Permane has signed a new five-year contract to stay as Racing Bulls Team Principal until 2031.
The move comes after a successful season for the team has left them sat fifth in the F1 Constructors’ standings with four scheduled rounds left of the season – subject to Qatar and Abu Dhabi going ahead amidst the ongoing conflict in the Middle East.
Permane has been in charge of the team since July 2025 following Laurent Mekies’ promotion to Red Bull and the 59-year-old is pleased to sign a long-term contract until the end of the 2031 season.
“I am immensely proud to be continuing this journey with VCARB, and I would like to thank everyone at Red Bull for the trust and support they have given me. What makes this team special is the shared spirit of everyone; trackside, in Faenza and in Milton Keynes, and it is a privilege to lead such a talented and committed group every day.
“Fighting for fifth in the Championship is something we should all be very proud of, but it is the result of years of hard work from a lot of people, and we are not done yet. We have the right people, the right culture and a clear sense of where we want to go, and I am excited to keep pushing together.”
Red Bull CEO Corporate Projects and Investment, Oliver Mintzlaff added that Permane has done a great job at delivering Racing Bulls’ best F1 season yet, as he praised him for bringing knowledge with clear clarification to the role.
“Alan is doing a tremendous job, and the progress the team has made is a direct reflection of his experience, commitment and competitive mindset. He brings clarity, composure, and a deep understanding of what it takes to perform in Formula One, while creating an environment where people can consistently deliver at their best.
“The results Visa Cash App Racing Bulls has achieved in recent seasons underline the strength of the team and the work being done throughout the organization. Alan has played a key role in that progress, and we are very pleased that he will continue to lead the team as we look to build on this momentum in the years ahead.
“Together with Peter Bayer as Co-CEO Commercial, Alan forms a strong and experienced leadership team. They complement each other exceptionally well, bringing different strengths and perspectives to the organization. I am delighted that we have this stability and continuity in place, providing a clear platform for the team’s future development and long-term ambitions.”
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