Max Verstappen signs lucrative long-term deal with Red Bull
Formula One world champion Max Verstappen has signed a lucrative five-year contract extension with Red Bull worth a reported $54 million a season.
Sergio Perez Sport News
Max Verstappen pens Red Bull deal that puts him alongside top earner Lewis Hamilton
London - Formula One world champion Max Verstappen will stay at Red Bull until at least the end of 2028, the squad said on Thursday, after signing a five-year contract extension that will make him one of the sport's top earners alongside Mercedes rival Lewis Hamilton.
F1: Max Verstappen to stay at Red Bull until 2028
Formula One world champion Max Verstappen will stay at Red Bull until at least the end of 2028, the squad said on Thursday, after signing a five-year contract extension that will make him one of the sport's top earners alongside Mercedes rival Lewis Hamilton. The Milton Keynes-based squad did not disclose the financial terms of the new deal. The Dutchman's existing contract was set to expire at the end of 2023. Media reports have valued the new deal at 40-50 million euros ($44 - $55 million) a year.
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Mercedes and Red Bull at the top in F1 pre-season testing
Formula One debuted its new generation of cars in pre-season testing in Barcelona this week, and in the end it was still Mercedes and Red Bull dominating. Lewis Hamilton set the fastest overall time with Mercedes at the Barcelona-Catalunya Circuit on Friday, ahead of teammate George Russell and the Red Bulls of Sergio Perez and Max Verstappen. The Mercedes duo set their times on softer — and faster — tires. Hamilton said they were some “interesting few days” of testing. “It's not been the easiest or smoothest running, we have some obstacles to overcome," he said. “The car is a lot different to drive than in previous years, as are the tires, but we're working our way through our program. The whole team has done an amazing job this week. ... We've got a lot of data to go through from these three days and we'll just put one foot in front of the other and put in the work.”