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Racing Bulls keep Alan Permane through 2031

News - 2026-11-06 - By Jenny Marsh

Alan Permane will stay on as Racing Bulls team principal through 2031, with Formula1.com also reporting he remains the team's Co-CEO Sporting.

Alan Permane will remain Racing Bulls team principal through the end of 2031. Formula1.com reported the extension also keeps him in the role of Co-CEO Sporting, while BBC Sport, Autosport and Motorsport.com each reported that Red Bull had agreed a new long-term deal with him.

Autosport and Motorsport.com said the contract runs to the end of the 2031 season. The renewal keeps Permane in charge of Red Bull’s second Formula 1 team within the group’s wider structure.

Red Bull is an Austrian Formula 1 constructor founded in 2005. It has competed from 2005 to 2026, winning 130 Grands Prix and six constructors’ titles.