ESPN CONFIRMED: Red Bull Racing Secures Multi-Year Contract Extension With Star Driver Max Verstappen In a Record-Breaking Deal… see more

In a monumental announcement that has electrified the Formula 1 world, ESPN has confirmed that Red Bull Racing and three-time World Champion Max Verstappen have officially agreed to a multi-year contract extension in what is being described as one of the most lucrative deals in Formula 1 history. The agreement ensures that Verstappen will remain with the team well into the next era of the sport, solidifying his future as the cornerstone of Red Bull’s continued dominance.

According to sources close to the negotiations, the deal extends Verstappen’s stay with Red Bull through 2031, with an estimated annual salary surpassing $70 million USD, including performance bonuses and sponsorship incentives. The contract, finalized after months of internal discussions and legal refinements, cements Verstappen as the highest-paid driver in the sport’s modern era — surpassing the legendary earnings of Lewis Hamilton and Fernando Alonso at their peaks.

The announcement was made during a high-profile press conference at Red Bull Racing’s headquarters in Milton Keynes, where team principal Christian Horner and advisor Helmut Marko praised Verstappen’s loyalty, leadership, and relentless pursuit of excellence. “Max is not just the fastest driver on the grid — he’s a generational talent,” Horner stated. “This new deal represents our absolute commitment to continuing our success together for many years to come.”

Verstappen, who first joined Red Bull in 2016 at just 18 years old, has since rewritten the history books with a string of record-breaking performances. His unmatched consistency, fearless driving style, and mental fortitude have made him the face of Formula 1’s new era. Speaking after the announcement, Verstappen expressed his excitement about extending his partnership with Red Bull.

“This team is my home,” Verstappen said confidently. “We’ve built something incredible together — from my first win in Spain to multiple world championships. The trust, the passion, and the drive to keep improving are what make Red Bull Racing special. I couldn’t imagine being anywhere else.”

The deal also comes at a crucial time for Red Bull, as Formula 1 prepares for a new generation of car regulations and power unit technologies set to debut in 2026. Retaining Verstappen guarantees stability and leadership as the team transitions to its in-house Red Bull Powertrains project, further strengthening its ambitions to remain at the top of the sport for years to come.

Fans and pundits alike have reacted with enthusiasm and admiration. Social media exploded within minutes of the announcement, with thousands celebrating the continuation of one of Formula 1’s most dominant partnerships. “This is the Michael Schumacher–Ferrari era all over again,” one fan wrote on X (formerly Twitter). “Verstappen and Red Bull are rewriting history together.”

As Formula 1 gears up for another thrilling season, one thing is certain — Max Verstappen’s reign with Red Bull Racing is far from over. The Dutch superstar and his championship-winning team are locked in for the long haul, ready to chase more records, titles, and glory