Max Verstappen Signs Contract Extension till 2028 With Red Bull

Max Verstappen Signs Contract Extension till 2028 With Red Bull

Max Verstappen, World champion, has signed a five-year contract extension with Red Bull, the Formula One team announced on Thursday. The deal, reportedly worth up to £40million ($54 million) per season, will keep the Dutch driver with the team until 2028. Max Verstappen's current contract was due to end at the end of next season, but he has been recompensation rewarded for beating seven-time champion Lewis Hamilton to the title.

In their statement, Red Bull Britain-based company, said the five-year extension was "in addition to the original deal that covered the 2023 season".

Verstappen said 

"I enjoy a lot being part of the Red Bull Racing team, so selecting to stay to the 2028 season was a straightforward decision,"

Who will begin his championship defense later this month at Bahrain Grand Prix.

"I love the team and last year was very incredible. Our goal since we came together in the year 2016 was to win the championship, and we have done that very well, so now it's about keeping the number one on the car long-term."

Max Verstappen Signs Contract Extension till 2028 With Red Bull 1Twitter image: @Max33Verstapp

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Christian Horner, Team Principal, said: "To have Max Verstappen signed with Oracle Red Bull Racing through the end of 2028 is an objective statement of objective.

"Our instant focus is on retaining Max Verstappen's world championships title, but this deal also shows he is a part of the team's everlasting planning."

Verstappen, the son of former F1 driver Jos Verstappen, won his first world title in dramatic circumstances at December's season-ending Abu Dhabi Grand Prix.

Lewis Hamilton was assured to capture a record-breaking eighth world title before Verstappen's controversial safety car restarted to pass his British rival on the last lap.

Michael Masi was removed as F1 race director last month over his management of the race.

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