After negotiating a new long-term contract agreement, Max Verstappen will continue with Red Bull Racing until the end of 2028.
Max Verstappen’s big new contract deal, according to Christian Horner, is a “real statement of intent” from Red Bull and a significant component of their long-term strategy.
On Thursday morning, the Milton Keynes-based team announced that their World Champion driver had signed a contract extension that will keep him with the team until the end of the 2028 season.
It comes after Verstappen stated in Abu Dhabi after winning the championship that he planned to spend the next “10 to 15 years” with Red Bull.
Verstappen now has a lengthier deal than any other driver on the grid as a result of the new agreement.
He has already competed in 141 races, winning 20, and placed on the podium 60 times at the age of 24. And, at the present rate of events in Formula One, Verstappen will have made nearly 300 race starts by the end of the 2028 season, despite the fact that he is only 30 years old.
Only five drivers have ever completed 300 races: Kimi Raikkonen, Fernando Alonso, Rubens Barrichello, Michael Schumacher, and Jenson Button.
The deal with Verstappen as the next step in Red Bull’s strategy
Red Bull’s strategy is to stay on top and establish their status as one of the sport’s greatest ever teams.
They want to achieve this by developing a competitive engine package through their new Red Bull Powertrains subsidiary, as well as continuing to lead the way in car design with Adrian Newey’s help.
As team leader Horner has indicated, it is also critical for the team to maintain the man they consider to be motorsport’s best driver in their car for as long as possible.
“To have Max signed with Oracle Red Bull Racing through to the end of 2028 is a real statement of intent,” said Horner.
“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 that we had the best driver on the grid secured for the car.”
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F1, F1 2022, Formula 1, Grand Prix, Max Verstappen, Red Bull, Kimi Raikkonen, Fernando Alonso