Max Verstappen - Red Bull

Verstappen and Red Bull make "statement of intent" with remarkable new long-term deal

Ian Parkes Thursday 3 March 2022 11:00 Updated: 17:56

Verstappen and Red Bull make "statement of intent" with remarkable new long-term deal

Red Bull believe "a statement of intent" has been made following official confirmation of Max Verstappen's lucrative new long-term contract.

Verstappen has signed a five-year extension to his existing deal that remarkably ties him to the team through to the end of 2028, making it the longest driver agreement in F1 history.

As reported on Wednesday, it is understood the reigning F1 champion will be earning in the region of €40million per year.

Following the signing of his new agreement, Verstappen said: “I really enjoy being part of the Oracle Red Bull Racing Team, so choosing to stay to the 2028 season was an easy decision.

"I love this team and last year was simply incredible.

"Our goal since we came together in 2016 was to win the championship and we have done that, so now it’s about keeping the number one on the car long term.”

Red Bull team principal Christian Horner feels "a statement of intent" has been made given the length of the new contract.

Horner added: “Our immediate focus is on retaining Max’s world championship title, but this deal also shows he is a part of the team’s long-term planning.

"With the Red Bull Powertrains division working towards the new engine regulations for 2026 we wanted to make sure we had the best driver on the grid secured for that car.”

Latest News

Las Vegas Grand Prix Practice

F1 Results Today: Hamilton ROARS back as slippery track causes chaos

2 minutes ago

GPFans Recap

Ricciardo tipped for NEW F1 role as star makes COMEBACK at Las Vegas Grand Prix - GPFans Recap

Yesterday 23:57

Las Vegas Grand Prix

F1 Las Vegas Grand Prix: The music artists set to star at STUNNING event

Yesterday 22:57

Latest F1 News

Mercedes star SHOCKED by FIA reaction after damning drivers' statement

Yesterday 21:33

Latest F1 News

Verstappen reveals F1 RETIREMENT clue ahead of Las Vegas GP

Yesterday 20:47

Lewis Hamilton

Hamilton drops Mercedes BOMBSHELL ahead of Las Vegas GP

Yesterday 20:02

More news

F1 Race Calendar 2024

GP AUSTRIA 28 - 30 Jun

George Russell

GP GREAT BRITAIN 5 - 7 Jul

Lewis Hamilton

GP HUNGARY 19 - 21 Jul

Oscar Piastri

GP BELGIUM 26 - 28 Jul

Lewis Hamilton

GP NETHERLANDS 23 - 25 Aug

Lando Norris

GP ITALY 30 Aug - 1 Sep

Charles Leclerc

GP AZERBAIJAN 13 - 15 Sep

Oscar Piastri

GP SINGAPORE 20 - 22 Sep

Lando Norris

GP USA 18 - 20 Oct

Charles Leclerc

GP MEXICO 25 - 27 Oct

GP QATAR 29 Nov - 1 Dec

GP ABU DHABI 6 - 8 Dec

Complete kalender 2024

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

Verstappen and Red Bull make "statement of intent" with remarkable new long-term deal

Verstappen and Red Bull make "statement of intent" with remarkable new long-term deal