Racing Bulls signs Octave as asset lifecycle management partner

The enterprise software firm will support Visa Cash App Racing Bulls with operational data and asset management across its Formula 1 programme

4 March 2026,

8:00AM GMT

Visa Cash App Racing Bulls has announced a new technical partnership with Octave, which joins the team as its Asset Lifecycle Management Partner.

The collaboration will see Octave provide enterprise asset management technology designed to improve operational oversight across the team’s activities, bringing greater visibility and intelligence to critical systems used throughout the racing season.

Central to the partnership is Octave Attune, the company’s enterprise asset management platform, which will monitor asset health, improve reliability across development cycles and support earlier operational decision-making.

Nowadays, more than ever, Formula One is an extremely competitive and challenging sport, and everything has to run smoothly across the departments during all the operational processes.

Alan Permane

The system is designed to give teams a unified view of their assets while helping prevent outages and minimise downtime during race operations and development phases.

Octave branding will appear on the nose of the VCARB 03 as well as on the bargeboard area of the car’s bodywork.

“Partnering with Octave is another key step within VCARB’s operations environment,” said Alan Permane, Team Principal at VCARB.

“Nowadays, more than ever, Formula One is an extremely competitive and challenging sport, and everything has to run smoothly across the departments during all the operational processes.

“This new collaboration gives us the confidence that every asset and decision is tuned for performance.”

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