Visa Cash App RB take the cover off their 2024 F1 car

The Visa Cash App RB team have pulled the covers off their brand-new car which will be referred to as VCARB 01 following the team's transformation over the winter.

The Faenza-based outfit will race under the Visa Cash App RB as of 2024 after team owner Red Bull have found a new identity to their sister team.

The Italian outfit started as Toro Rosso in 2006 before having been renamed as AlphaTauri for the 2020 F1 season. However, team owner intended to move the team closer to the Toro Rosso roots, hence the new name includes the RB moniker alongside the title sponsor Visa company.

RB have now pulled the covers off their 2024 F1 car at an event in Las Vegas with the VCARB 01 set the sport a colour scheme akin to what they ran between 2017 and 2019.

The Faenza-based squad has gone through key changes after the departure of former team principal Franz Tost. The Austrain left the team at the end of last season, and former Ferrari Racing Director Laurent Mekies took over his position. Peter Bayer, who served as Secretary General for Sport at the FIA since 2017, became the organisation’s new CEO.

At the technical front, Alan Permane, after being dropped by Alpine at the 2023 Belgian Grand Prix, has also joined the Faenza squad. The Frenchman took up the role of Racing Director.

Tim Goss took on the new role of Chief Technical Officer, reporting to the Team Principal. Guillaume Cattelani has joined the team as Deputy Technical Director, reporting to Technical Director Jody Egginton.

Speaking of the team's structure at the launch event, Mekies added: “We’ve had two headquarters for a long time – Faenza and Bicester. The departments in Bicester (where aerodynamics is based, along with some design functions) will move to new facilities in Milton Keynes.

“Historically, it’s always been a disadvantage to have two headquarters. But we are in 2024, the world has changed massively. The way people interact is also changing. We want to make it work. We want to make our company a location-free company.

“If tomorrow a department is split between Faenza and Milton Keynes, we think it’s OK. It is a challenge, but we think it’s carrying a lot with it a lot of advantages, we can hire the best people in the UK and hire the best people in Europe," Mekies is quoted as saying by f1.com