Breaking F1 News

Reports: Leclerc agrees HUGE new Ferrari contract

Tyler Rowlinson Monday 4 December 2023 12:57

Reports: Leclerc agrees HUGE new Ferrari contract

Charles Leclerc has signed a new five-year contract with Ferrari which would take his deal up until 2029, according to reports.

The Monegasque driver's current deal is set to expire at the end of next season, but the Scuderia are keen to tie their number one driver down to a bumper extension.

Italian outlet Gazzetta dello Sport report that Leclerc has put pen to paper, with his salary starting at €25m (£21m) and due to rise to €50m (£43m) by the final year of the deal.

It has also been reported that there are performance-related exit clauses in the deal which would be enforced after three years, following the 2027 season.

Charles Leclerc has reportedly signed a new five-year contract with Ferrari

The deal is set to have performance-related exit clauses which would be enforced after three years in 2027

Announcement 'imminent'

The contract will take Leclerc up to 10 years racing with Ferrari in Formula 1 and an announcement is said to be imminent.

The 26-year-old joined the historic Italian team in 2019 after spending his rookie season with Sauber the year prior.

Leclerc has claimed five victories with the team but has not won a race since July 2022. With 23 pole positions, he has the record for the most pole positions without winning a world title.

He finished fifth in the drivers' standings in 2023, a staggering 369 points behind world champion Max Verstappen, who won 19 of the 22 races this season.

Meanwhile, Gazzetta also adds that Ferrari are in talks with Carlos Sainz over a new deal, with the Spaniard said to want a new two-year deal.

The Scuderia are also said to be in talks with Carlos Sainz over a new contract

Ferrari Formula 1 Charles Leclerc Sauber Gazzetta dello Sport

Latest News

Lewis Hamilton

Hamilton Ferrari debut date 'CONFIRMED'

13 minutes ago

F1 Today

F1 News Today: Red Bull BOMBSHELL emerges as F1 star set to sign with RIVAL

2 hours ago

GPFans Recap

Ricciardo tipped for F1 COMEBACK as Ferrari tease huge unveiling - GPFans Recap

Yesterday 23:57

Latest F1 News

Emotional Ferrari test paves way for Hamilton arrival

Yesterday 22:57

F1 Social

Ricciardo prompts FURY after controversial announcement

Yesterday 21:57

Lewis Hamilton

Shock Hamilton contract revelation emerges as champion tipped to sign with RIVAL

Yesterday 20:57

More news

F1 News 24/7

Races

About GPFans

GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.

We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.

With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.

Follow us on your favorite social media channel

Corporate & Media

Innovatieweg 20C
7007 CD, Doetinchem, Netherlands
+31645516860

CHOOSE YOUR COUNTRY