Overview

• Multiple media outlets report that Max Verstappen and Mercedes team principal Toto Wolff have reached a preliminary agreement for the reigning champion to move to the Silver Arrows in 2026.
• The transfer hinges on formal approval by the Mercedes board and the activation of performance-based exit clauses in Verstappen’s contract with Red Bull, which runs through 2028.
• Red Bull’s struggles with an uncompetitive 2025 car and the upcoming regulation overhaul in 2026 have amplified speculation over Verstappen’s future.
• Some members of Mercedes’ board believe that the team’s 2026 power unit could secure a championship without the need for a high-cost signing like Verstappen.
• If the deal proceeds, George Russell is expected to vacate his Mercedes seat and is likely to explore options at Aston Martin or Red Bull.