Max Verstappen commits future to Red Bull by signing £200m deal

Max Verstappen has committed his future to Red Bull by signing a new five-year contract extension worth a staggering £200 million (€241 million).

The deal, which could earn Verstappen as much as £40 million-a-season, is arguably the most lucrative in Formula One history, and will see the world champion remain at Red Bull until the end of 2028.

Verstappen’s current contract, worth around £20 million-a-year, was due to expire at the end of next season.

Really proud to announce that @redbullracing will be my home until at least 2028. I love this team and I am very happy to continue this amazing journey we are on for a long time. We have accomplished so much together already but we are definitely not done.