Let's be a little more careful: "perform again," which may well not be the majority of what was just done...
We know you are not repeating everything you did before:
The Longevity Ritual takes one season to develop and perform
As in, performing it doesn't necessarily take the whole season, as developing it may well (and as we'll see later does) take most of the time.
the ritual loses its effectiveness and the focus must be repeated
Here it is saying the end part must be repeated, not the entire thing.
This involves simply making a new investment of vis (of an amount based on your current age) but no significant investment in time.
That's all you have to do: invest the vis, which does not take a significant investment of time. So we're definitely not looking at repeating the whole season's lab work to develop it.
When a Longevity Ritual is designed in the laboratory, the enchantment requires one pawn of vis for every five years of age (rounded up). The magus designing the Longevity Ritual can han- dle twice his Magic Theory in vis in a season-long laboratory activity.
So originally it's a season-long laboratory activity.
When rebrewing the Longevity Ritual after an Aging Crisis..., using the Lab Text for the ritual, the process takes no significant investment of time — in practice, it takes about 15 minutes per magnitude of the Lab Text of the Longevity Ritual, as if casting a ritual spell. The limits on the vis handling for this process are those of a magus casting a ritual: Art specific vis is used, limited for each Art by the magus’s Art score.
So, even though the original development was a lab activity including its vis limits, the focus part that must be redone uses a Ritual spell's casting time and a Ritual spell's vis limits.
So, in total we know that the rebrewing requires nothing more than an investment of vis which is limited by your Arts instead of Magic Theory and takes 15 minutes per magnitude to invest.