Verstappen extends Red Bull contract to 2020

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While the media were focused on the Fernando Alonso announcement regarding his new contract with McLaren, the paddock was awash with rain and buzz Friday morning as Red Bull announced a contract extension for Max Verstappen.

The Red Bull phenom has now extended his relationship with red Bull to 2020 and this, despite the fact that just about every top team were looking at Max as a potential driver. Suffice it to say, he is a highly sought-after driver right now and Red Bull know that.

Verstappen said: “Red Bull has always shown faith and belief in me with actions – inviting me in to the young driver programme as a 16-year-old, then giving me my start in Formula 1 when I was just 17, and then the opportunity to race with Red Bull, where I had such a dream start.

“They have always backed me and my ambition and I know we share that ambition. Their support, no matter what plays out on the race track, has always been 100%.

“We’ve also had some fun times! I’m very happy to commit further to Red Bull and I’m looking forward to working together to enjoy more success in the years to come.”

For a young man who wants to win a title, having the confidence in Red Bull for another three seasons is a big leap of faith and one has to wonder if there isn’t some serious performance clauses in that contract.

“We are delighted that Max has agreed to extend his contract with Red Bull,” said team boss Christian Horner.

“We had a phenomenal start together in Spain last year and Max has only pushed on from there.

“It was a great moment for the whole team to see him put the frustrations of this season behind him in taking that fantastic victory in Malaysia last month.

“He is pure racer, with an undeniable talent at the wheel and a rare instinct for what it takes to compete consistently at this level.

“Coupled with a committed work ethic and a mature approach to learning his craft that belies his years, Max is right to be hungry for success and we are looking forward to extending that journey with him in our hunt for Formula 1 world championships.

“As we now look to the long term with Max, he is in the best place to build a team around him to deliver our shared ambition.”

Another season of DNF’s and middling performance may test the young Dutchman’s patience.

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Reliability clause?

jakobusvdl

Wow! a three year contract. Given how ambitious Verstappen (jr and sr) are for Max to compete for wdc titles, RBR must be incredibly persuasive about being able to provide a competitive car over that period. Given the uncertainty around their Renault p.u contract, and apparent need to switch to a Honda p.u for 19 & 20, they must have some awesome plans. Locking up the hottest property in the driver market until 2021 is great for RBR, but must create some fantastic opportunities for Ricciardo, presumably Mercedes, Ferrari, McLaren and RBR could all be even more interested in signing… Read more »

Salvu Borg

according to the good doctor it was Verstappen who wanted a contract up to 2020.

jakobusvdl

Yeah, I saw the Sky team get a short interview with the good Doctor, and apparently it was all Verstappen pushing for the long term contract.
If that’s true, then the negotiating strategy was interesting, make the team think you want to leave, by publicly stating that you’re unhappy and are looking for other options, then ask them for a new three year contract.
Is that how a ‘dutch auction’ works?

charlie white

You mean there were no one in the present F1 paddock warning the young Max not to sign that contract and molding that RedBull team completely around him? I guess they don’t remember when Jacques Villenueve left Williams to join a team specifically for him, BAR.