Racing Bulls extends Alan Permane deal through 2031

Racing Bulls has extended team principal Alan Permane’s contract through the end of the 2031 season, keeping him in the role for five more years as the Formula 1 team continues its development under his leadership. Permane joined the team as racing director in January 2024 and became team principal in July 2025, after Laurent Mekies left to lead Red Bull Racing. Racing Bulls said the extension also retains Permane as co-CEO, Sporting. Red Bull announced the deal, which Oliver Mintzlaff, its CEO of Corporate Projects and Investments, described as providing stability and continuity. Mintzlaff said the team’s progress reflected Permane’s experience and commitment. He also said Permane and Peter Bayer, Racing Bulls’ co-CEO Commercial, formed an experienced leadership team. The remarks were made in announcing the extension. Permane said he was proud to continue with the team and thanked Red Bull for its trust and support. He described the team’s shared spirit across its trackside operation and bases in Faenza and Milton Keynes, and said its pursuit of fifth place in the constructors’ championship reflected years of work by its staff. Racing Bulls was fifth in the 2026 constructors’...