Max Verstappen extends his contract with Red Bull Racing until 2028. With this big contract, Verstappen has the longest contract among active F1 drivers.
Red Bull Racing has decided to extend the current contract with Max Verstappen (24 years old) until 2023 for another five years. The deal, which remains on the team until Verstappen turns 30, is also a sign of great intentions of both parties.
It’s easy to see why Max Verstappen, who defeated Mercedes F1 Lewis Hamilton in the controversial final lap of the final round of the Abu Dhabi Grand Prix last year to win his first F1 World Champion, wants to continue at Red Bull Racing.
In particular, Max Verstappen’s new contract is reported to have an annual salary of 50 million euros (about 6.4 billion yen), and if this report is correct, it will be the highest contract in F1 history, with seven F1 world champion Lewis Hamilton. The salary will be the same.
“I really enjoy being part of the Oracle Red Bull Racing team, so the choice to stay until the 2028 season was an easy decision,” said Max Verstappen.
“I love this team and it was great last year. Since working together in 2016, my goal has been to win the championship. Now my goal is to stay number one in the car in the long run.”
Max Verstappen has previously revealed that chasing F1 titles and records isn’t the most important thing for him, and finishing first or second last season “will not change his life.” Was emphasized.
Max Verstappen also admits that he is ready to leave F1 when he hasn’t enjoyed it openly several times. Although success on the course naturally affects his motivation, Verstappen said he wanted to be on a team that he could “enjoy”.
“Even after winning the championship, my ambition is to win the race and fight for the championship again,” said Max Verstappen.
“Now we know how long the contract is, so we don’t have to think about it anymore.”
“In addition to fighting for victory and championship, it’s important to have a good time and have fun, actually enjoying the time in F1.”
The details of the driver contract are usually not revealed by the team, but given the length of Max Verstappen’s new contract, there may be some cancellation clauses.
Red Bull Racing confirmed that Max Verstappen had a performance clause when he extended his previous contract in early 2020, but is considering leaving Verstappen’s team from the age of 16. There is little reason to suggest.
After winning his first F1 World Champion at the F1 Abu Dhabi GP, Max Verstappen professed his “love” for Red Bull and declared he wanted to remain with the team forever. That affinity is highlighted by his extraordinary new deal covering the next seven seasons.
“I feel really good on the team and I really enjoy working with people from all divisions, especially after winning last year’s championship,” added Max Verstappen.
“For me, it’s the best team out there, so I want to stay.”
For Red Bull Racing, this deal represents a big coup, demonstrating the trust and trust that exists between Max Verstappen and the team. Red Bull believed it had secured the service of the best drivers on the grid.
“Max’s contract with Oracle Red Bull Racing until the end of 2028 is a real statement of intent,” said Christian Horner, Red Bull Racing’s F1 team representative.
“Our immediate focus is to maintain Max’s World Championship title, but the deal also shows that he is part of the team’s long-term plan.”
F1 will introduce new engine regulations from 2026, and Red Bull will manufacture its own engine at Red Bull Powertrains.
“As the Red Bull powertrain division is working towards the new engine regulations of 2026, we wanted to have the best drivers on the grid for the car,” said Christian Horner.
Category: Category: F1 / Max Verstappen / Red bull