Bautista's success comes at the same time as Andrea Dovizioso leads the MotoGP standings after the opening three races of the year.
Strong finishes in Argentina and Austin, combined with victory in Qatar, mean the Italian holds a slender three-point advantage over Valentino Rossi heading to this weekend's Jerez race, albeit helped by Marc Marquez crashing out of the lead at COTA.
"We are in a very positive moment of our sporting history, although the season is very long and many things can happen," Ciabatti commented. "The performance of Bautista and the Panigale V4 R is spectacular, I would say that above our own expectations.
"And in MotoGP, after the victory in Qatar, we have been able to overcome two historically difficult circuits for us, such as Argentina and Austin, allowing us to lead the championship heading to Jerez.
"Obviously we are very satisfied, but at the same time we keep our feet on the ground."