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Red Bull Racing re-signs Max Verstappen in longest deal to date

3 March 2022

Oracle Red Bull Racing has signed Formula One 2021 World Champion, Max Verstappen, until 2028, in its longest deal yet.

The deal, which sees the 24 year-old Dutchman extend his current contract for another five years, is believed to be the longest in F1 history. The lucrative contract could reportedly earn him €50m a year.

Speaking about the new five-year-deal, Max Verstappen 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.”

Oracle Red Bull Racing CEO and 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.”

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