© Visa Cash App Racing Bulls
Visa Cash App Racing Bulls is delighted to announce that Alan Permane has signed a long-term contract extension, which will see him lead the team as Team Principal and Co-CEO Sporting, through to the end of 2031.
Alan joined VCARB as Racing Director in January 2024, working and building the team up alongside Laurent Mekies, and was appointed Team Principal in July 2025. Since then, the Team has secured its first podium as VCARB at the 2025 Dutch Grand Prix and finished sixth in the Constructors’ Championship, matching its previous best result. This year, the Team has established itself as a regular points scorer and remains in contention for fifth place in the Constructors’ Championship, which would mark its best-ever finish.
Oliver Mintzlaff, CEO Corporate Projects and Investments Red Bull, said:
"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.”
Alan Permane, Team Principal and Co-CEO Sporting, Visa Cash App Racing Bulls said:
“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.”
Alan brings more than three decades of Formula One experience to the role, beginning his career at Benetton. He spent 34 years with the Enstone team as Race Engineer, Chief Race Engineer and then Sporting Director, achieving World Championship success alongside Michael Schumacher and Fernando Alonso.
