Overview
- Red Bull announced the extension on Thursday, August 20, 2026, revealing that Max Verstappen will remain with the team through the end of 2030.
- Team principal Laurent Mekies described the renewal as a vote of mutual confidence and said the partnership will guide Red Bull’s future development and goals.
- Verstappen said he feels at home in the team and intends to work with Red Bull to return to winning form after a difficult start to the 2026 season in which he had no wins in the first half and sat sixth in the standings.
- The contract ends months of transfer speculation linking Verstappen to rivals such as Mercedes and McLaren and gives Red Bull certainty for its car and driver planning over the next four years.
- Portuguese reporting on the deal cited by Record put Verstappen’s new pay at about €92 million a year from 2027 with bonus-linked upside to roughly €115 million and an estimated total cost to Red Bull of about €460 million.