The reactivity of the trigonal bipyramidal iron(I) complex [SiPiPr3]Fe(N2) ([SiPiPr3] = (2-iPr2PC6H4)3Si−) toward organoazides has been examined. 1-Adamantylazide was found to coordinate the iron center to form stable [SiPiPr3]Fe(η1-N3Ad). Aryl azides instead afforded unstable [SiPiPr3]Fe(N3Ar) species that decayed gradually to regenerate [SiPiPr3]Fe(N2) with release of azoarenes (ArN═NAr). The conversion of aryl azides to azoarenes can thus be achieved catalytically. Competitive trapping experiments strongly suggest the intermediacy of reactive nitrene complexes of the type [SiPiPr3]Fe(NAr) that couple bimolecularly in the N−N bond forming step. Evidence for one such intermediate was provided by electron paramagnetic resonance spectroscopy via photolysis of [SiPiPr3]Fe(N3Ar) in a frozen glass. The electronic structures of these putative nitrene intermediates have been examined by DFT methods.