Visa Cash App RB F1 Team partner with Octave

Visa Cash App Racing Bulls Formula One Team (VCARB) have announced a multi-year partnership with Octave, an enterprise software company, bringing it on board as their Official Asset Lifecycle Management Partner.

The deal will see VCARB use Octave’s management platform, Octave Attune, to monitor track asset availability and equipment health, as well as plan maintenance schedules to enhance coordination both on track and back at the factory. 

Alan Permane, Team Principal at Visa Cash App Racing Bulls, commented:

“Partnering with Octave is another key step within VCARB’s operations environment. 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.”

Mattias Stenberg, Chief Executive Officer at Octave, said:

“Formula One is a real-world test of operational excellence. This partnership is about reliability, readiness and execution. By connecting operational data into a single intelligence layer, we help VCARB make better decisions earlier, reduce disruption and perform consistently at the limit.”