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F1 News F1 drivers Verstappen extends Red Bull contract until 2030, ending exit speculation

Verstappen extends Red Bull contract until 2030, ending exit speculation

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Max Verstappen Red Bull Racing
Foto: © Depositphotos

Max Verstappen has committed his future to Red Bull Racing, signing a contract extension that will see him remain with the team until the conclusion of the 2030 Formula 1 season. The announcement, made on August 20, 2026, definitively ends months of intense speculation regarding the four-time World Champion’s position beyond the current year.

Verstappen’s previous agreement with Red Bull was set to expire at the end of the 2028 season. This contract reportedly contained performance-based exit clauses, which would have allowed the Dutchman to depart if the team failed to meet specific competitive targets.

The 2026 Formula 1 season has presented challenges for Red Bull under new technical regulations. Verstappen has not secured a race victory this year and was reportedly sixth in the Drivers’ Championship standings by the summer break. This performance level would have activated the aforementioned exit clauses in his prior contract.

Prior to the new deal, there was considerable discussion in British F1 media and the wider paddock about Verstappen’s potential departure for the 2027 season. Mercedes and McLaren were frequently linked as possible destinations for the driver.

Verstappen himself had indicated a degree of dissatisfaction with the 2026 regulations, stating he was closer to considering retirement from the sport entirely than moving to a rival team. He conveyed these sentiments to Red Bull Team Principal Laurent Mekies earlier in the season.

The newly signed contract, while extending his tenure, still incorporates performance-related ‘agreements’, according to his father, Jos Verstappen. The specific details of these clauses remain confidential between the driver and the team.

Also read:  Max Verstappen dominates 'Max v 100' event at Silverstone

Jos Verstappen emphasised that mutual trust between the Verstappen camp and Red Bull management was a critical factor in finalising the long-term commitment. He expressed confidence in the team’s ability to develop a winning car.

Reports suggest the extended contract could position Verstappen as one of the highest-paid athletes in the world. Unconfirmed figures indicate an annual salary potentially reaching 92 million euros, with bonuses that could elevate it to 115 million euros per season.

Verstappen has consistently expressed a desire to conclude his Formula 1 career with Red Bull, the team he joined in 2016 after graduating from their junior programme. This extension reinforces that long-term objective.

The commitment from Verstappen provides stability for Red Bull Racing, now led by Team Principal Laurent Mekies, as they navigate the ongoing technical challenges of the 2026 season and prepare for future campaigns.

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