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Home » Charles Leclerc provides contract status amid speculation of £160 million Ferrari agreement

Charles Leclerc provides contract status amid speculation of £160 million Ferrari agreement. Charles provides contract status.

Charles Leclerc of Ferrari has dismissed rumors surrounding his purported record-breaking, extensive contract with the Ferrari Formula One team. Currently, the Monegasque’s existing agreement with Scuderia spans until the conclusion of 2024, although considerable speculation has emerged concerning his trajectory beyond that period.

Mercedes is reportedly eyeing his potential as a lasting successor to Sir Lewis Hamilton, who might retire as the seven-time world champion.

Simultaneously, Red Bull is assessing their alternatives for Sergio Perez’s replacement in 2025, with Leclerc being considered, though not as prominently as figures like Daniel Ricciardo and Lando Norris.

In response, Ferrari is eager to secure the 25-year-old’s commitment, viewing him as one of the fastest drivers on the track and their prospective title conqueror.

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In light of this, French reports suggest Charles Leclerc has agreed to a fresh deal, possibly establishing him as the highest-earning driver in F1 history.

This extended contract would keep him aligned with Maranello until 2026, extendable to 2029, with projected earnings surpassing £160 million over this duration. However, Charles Leclerc has recently provided an update on his future, revealing that while he envisions remaining with Ferrari, discussions over a new contract have not even commenced yet.

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The rumours that put me in other teams just means that I’m doing my job well,’ he said in an interview for the Italian newspaper Corriere dello Sport – “But I’m indifferent about them because I know what I want. I still don’t know what Ferrari wants from me. The discussions about the contract haven’t started yet, but everything is clear to me, I love Ferrari and I want to win here. That is my priority. Apart from the love for Ferrari that has always existed and continues to exist, I share many things with Fred [Vasseur, team principal], and many of them have to do with plans for the future. We are aligned. I know what is coming and I have faith.’ – he pointed out.

From his induction into the Italian outfit in 2019, Charles Leclerc has notched up an impressive tally of five triumphs, 27 podium finishes, and 20 instances of setting the fastest lap.

A trio of these victories were secured during the preceding season, propelling him into the spotlight as the early frontrunner for the championship. Unfortunately, an assortment of driver mishaps and tactical missteps contributed to his title pursuit unraveling. As a result, he concluded the campaign as the runner-up to Max Verstappen, lagging behind by a significant 146 points.

As the 2023 Formula One season takes its summer hiatus, the driver from Monaco occupies the fifth spot in the rankings. However, he faces a considerable gap of 215 points to the commanding leader, Max Verstappen.

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