Motor racing-Racing Bulls F1 principal Permane handed contract extension to 2031

Formula One F1 - Canadian Grand Prix - Circuit Gilles Villeneuve, Montreal, Quebec, Canada - May 22, 2026 RB team principal Alan Permane during a press conference ahead of the Canadian Grand Prix REUTERS/Mathieu Belanger

Nov 6 (Reuters) - ⁠Racing Bulls principal AlanPermane has signed ⁠a contract extensionthrough to the end ‌of 2031, the Red Bull-owned Formula One team said on Friday.

Racing Bulls are currently ​heading for the team's best ⁠finish to a ⁠season, in fifth place and 39 points ⁠clear ‌of sixth-placed Alpine, with four races remaining including Sunday's ⁠Sao Paulo Grand Prix in Brazil.

• ​Permane joined ‌as racing director in January 2024 ⁠after ​34 yearsat Enstone with the team that is now Renault-owned Alpine. He took ⁠the principal position in ​July 2025 after LaurentMekies took over from Christian Horner at Red Bull.

• The ⁠Italy-based team finished sixth overall last year.

• Red Bull last month extendedMekies' contract to the end of 2031.

• Racing ​Bulls have yet ⁠to confirm their 2027 driver lineup. British ​rookie Arvid Lindblad ‌and New Zealander Liam ​Lawson are the current pairing.

(Reporting by Alan BaldwinEditing by Toby Davis)