AlphaTauri’s new CEO Peter Bayer has revealed the Italian team have decided on their new “identity” for the 2024 season – as he also called their outgoing Team Principal Franz Tost a “genius”.

AlphaTauri are currently undergoing wholesale changes which involve long-time Team Principal, Tost, leaving his post and becoming a consultant in 2024, with Laurent Mekies – former Ferrari Assistant Team Principal and Race Director – set to take over next year.

There have also been rumours that the team is set to be rebranded next season. Speaking in Qatar last weekend, Bayer, who only came onboard as CEO earlier this year, says a decision has already been taken about the team’s identity in 2024.

“Discussions are going very well, unfortunately I cannot disclose yet what the name will be,” said Bayer. “The shareholders have decided on the identity of the team, we will move a bit closer to the Red Bull family.