Max Verstappen’s new deal, which is expected to be announced by the end of the week, will take him close to his 30th birthday and net him around GBP40m a year, putting him on par with Mercedes’ Lewis Hamilton; world champion begins title defence in Bahrain on March 20
Last Updated: 02/03/22 10:48am
Formula 1 world champion Max Verstappen has agreed a new multi-year contract with Red Bull with a signing announcement expected before the end of the week, Sky Sports News understands.
The new agreement will take the 24-year-old close to his 30th birthday and earn him just over GBP40m a year, putting him on par with Mercedes’ Lewis Hamilton.
Verstappen claimed his first world championship title in 2021 after edging out seven-time champion Hamilton in a controversial finish at the season-ending Abu Dhabi Grand Prix in December.
The Dutchman, whose current deal with Red Bull expires in 2023, will begin his title defence on March 20 when the 2022 season gets under way in Bahrain.
More to follow…
This is a breaking news story that is being updated and more details will be published shortly. Please refresh this page for the latest updates.
Sky Sports brings you live updates as they happen. Get breaking sports news, analysis, exclusive interviews, replays and highlights.
Sky Sports is your trusted source for breaking sports news headlines and live updates. Watch live coverage of your favourite sports: Football, F1, Boxing, Cricket, Golf, Tennis, Rugby League, Rugby Union, NFL, Darts, Netball and get the latest transfers news, results, scores and more.
Visit skysports.com or the Sky Sports App for all the breaking sports news headlines. You can receive push notifications from the Sky Sports app for the latest news from your favourite sports and you can also follow @SkySportsNews on Twitter to get the latest updates.