Max Verstappen extends Red Bull contract until 2030

Max Verstappen has officially extended his contract with Red Bull Racing through the end of the 2030 season, ending months of speculation regarding potential moves to Mercedes or McLaren. The announcement was made around the Dutch Grand Prix weekend at Zandvoort. While the team has not disclosed specific financial terms, industry analysts and former drivers have speculated on the scale of the deal. Some estimates suggest total earnings, including bonuses and personal sponsorships, could approach $1 billion by 2030, while others estimate an annual salary in the range of 70 to 90 million euros.

Verstappen noted that the negotiation process was smooth due to long-standing relationships with Red Bull leadership, including Oliver Mintzlaff and Laurent Mekies. Despite the long-term security, the driver has expressed ongoing concerns regarding the technical direction of current Formula 1 cars, noting a desire for more engaging driving characteristics.

Red Bull team principal Laurent Mekies has contested some of the more astronomical salary figures circulating in the media. The extension provides the team with significant stability, though they face the sporting challenge of regaining top performance following recent technical struggles under current regulations.