F1 News: Peter Bayer Outlines VCARB Improvement Timescale After Difficult Start To The Season
Following a challenging start to the Formula 1 season, Peter Bayer, the CEO of the Visa Cash App RB (VCARB) team, has predicted significant progress by the middle of the 2024 season, sparked by a point-winning performance at the Australian Grand Prix.
Key Takeaways:
- Peter Bayer remains hopeful for a notable improvement in VCARB's performance by the mid-season.
- RB earned its first points of the season at the Australian Grand Prix, indicating potential growth.
- The team has undergone significant structural and leadership changes, with more people set to join.
VCARB, led by CEO Peter Bayer, is looking towards the mid-season mark for a turnaround in performance. The Red Bull-owned team has drawn attention for its closer collaboration with the reigning Constructors' Champions.
VCARB, then AlphaTauri, concluded the previous season with momentum, ascending the ranks and setting the stage for further advancements. Bayer, in a detailed discussion with the media, as quoted by RacingNews365, highlighted the comprehensive internal changes undertaken by the team:
“We've been changing the structures. We've been creating new positions. New people have been joining us and others will follow.
“We were a bit lucky because we could push until the end last year with developments.”
The leadership changes at VCARB, with Bayer stepping in as CEO and former Ferrari racing director Laurent Mekies assuming the role of team principal from Franz Tost, mark a new chapter for the team. Bayer is optimistic about the impact of these changes on the team's mid-season performance. He continued:
“The beginning of this year was really focusing on getting everything, everyone into the right position.
“It's all about the people and to develop the culture. And we see that coming together, but it's a long-term project that we're working on.
“We're confident that towards the middle of the season we will see the fruits of the work we do now.”