Verstappen extends Red Bull contract to 2030, citing regulatory concerns
The four-time world champion has secured a two-year extension, stating he was closer to retiring than switching teams due to frustrations with current hybrid engine rules.
Max Verstappen has signed a contract extension with Red Bull Racing, keeping the four-time Formula 1 world champion at the team until the end of 2030. The announcement, made ahead of the Dutch Grand Prix, resolves significant transfer speculation that had linked the Dutch driver to both Mercedes and McLaren. By adding two years to his previous deal, which was set to expire in 2028, Verstappen has provided institutional stability for Red Bull as the team navigates a period of regulatory transition and leadership changes.
During a press conference following the announcement, Verstappen addressed the uncertainty surrounding his future, stating he was "closer to retiring" than moving to another team. He revealed that after the first few races of the season, he told Red Bull team principal Laurent Mekies not to ask about his future, as he was unsure whether he wanted to continue in the sport. The primary driver of this hesitation was the current hybrid engine regulations, which Verstappen described as "total anathema" to his driving style due to energy management issues.
The driver highlighted specific frustrations with the "energy starvation" caused by the current power units, where cars can lose up to 470bhp when battery levels are low. Verstappen argued that the need to constantly recover energy introduced an artificiality to the racing that diminished the driving experience. He contrasted this with his performance at the Nurburgring 24 Hours, where he described the driving as more authentic and enjoyable, noting that Red Bull’s support for his activities outside of Formula 1 was a significant factor in his decision to stay.
The new agreement reportedly includes a pay increase, maintaining Verstappen’s status as the highest-paid driver in the sport. Insiders indicate the deal also includes options to leave if expected performance is not delivered, keeping the driver in control of his own future. Mekies described the extension as a demonstration of trust from Verstappen in the team, while the driver expressed satisfaction with the open and transparent relationship he has with the team principal.
The extension also aligns with ongoing discussions within the FIA regarding future engine regulations. FIA president Mohammed Ben Sulayem is pushing for new rules, potentially involving naturally aspirated V8s, to address the current issues, with discussions underway for regulations due by 2031. Verstappen noted that these discussions have helped him adapt to the current situation, stating that he is working towards a future where the sport becomes better.
Despite the contract extension, Verstappen remains sixth in this year’s drivers’ championship and has not yet won a race this season. The announcement comes at a time when Red Bull has faced challenges with car performance, but the driver’s commitment to the team until 2030 provides a long-term foundation for the organisation as it prepares for the next regulatory era.
