World · Singapore Bureau
Racing Bulls extends Permane contract through 2031 season
The Formula 1 team has secured its principal on a long-term deal as the outfit targets its strongest championship performance to date.
LSN Singapore ·
Racing Bulls has extended the contract of team principal Guenther Steiner through the 2031 season, securing leadership continuity as the squad pursues ambitious performance targets in the coming years.
The multi-year agreement underscores the team's confidence in Steiner's stewardship during a period of competitive progress. The Faenza-based outfit is currently tracking toward what would be its best seasonal finish, building momentum through recent race weekends.
Steiner has overseen Racing Bulls' development as a competitive midfield force, implementing strategic initiatives aimed at elevating the team's championship standing. The contract extension reflects the organization's commitment to sustained improvement and long-term competitiveness in Formula 1.
The 2031 horizon aligns with anticipated regulatory changes in motorsport, positioning the team to navigate upcoming technical evolution while maintaining operational stability. Industry observers view the extended tenure as a signal of internal confidence regarding the squad's trajectory.