Ahead of the start of the 2022 F1 season, Red Bull has announced that reigning world champion Max Verstappen has signed a five-year contract extension with the Anglo-Austrian team.
After winning his maiden Formula One World Championship title in 2021, Verstappen has signed a long-term contract extension that will keep the 24-year-old Dutch driver with the Oracle Red Bull Racing Team, exclusively, until the end of 2028.
Speaking about the new five-year-deal, Max said: “I really enjoy being part of the Oracle Red Bull Racing Team, so choosing to stay to the 2028 season was an easy decision. I love this Team and last year was simply incredible, our goal since we came together in 2016 was to win the championship and we have done that, so now it’s about keeping the number one on the car long-term.”
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.💪✍️ pic.twitter.com/ONWq32B835
— Max Verstappen (@Max33Verstappen) March 3, 2022
Team Principal Christian Horner added: “To have Max signed with Oracle Red Bull Racing through to the end of 2028 is a real statement of intent. Our immediate focus is on retaining Max’s World Championship title, but this deal also shows he is a part of the Team’s long-term planning. With the Red Bull Powertrains division working towards the new engine regulations for 2026 we wanted to make sure we had the best driver on the grid secured for that car.”
The new five-year extension runs until the end of 2028 and is in addition to the original deal that covered the 2023 season.