Max Verstappen extends Red Bull contract until 2030

Max Verstappen has signed a contract extension with Red Bull Racing that commits him to the team until the end of 2030. The deal ends months of speculation regarding potential moves to Mercedes or McLaren and is viewed by F1 CEO Stefano Domenicali as a stabilizing factor for the sport.

While official financial terms remain undisclosed, reports suggest a massive salary increase. Speculation indicates Verstappen could become the highest-paid driver on the grid, with estimates ranging from $80 million to $100 million annually, potentially reaching $120 million with bonuses. Red Bull management has declined to confirm specific figures.

Despite the long-term commitment, reports suggest the agreement includes exit clauses. Jos Verstappen noted that the deal is built on mutual trust that the team can provide a winning car, implying that performance-related provisions exist to allow the driver to leave if competitiveness declines. Additionally, Verstappen is scheduled to participate in a large-scale go-karting event at Silverstone on September 16, competing against 100 amateur drivers.