As stated by Frederic Vasseur himself, the Maranello team’s goal is to extend the contracts of both drivers, possibly by the end of the year.
Speaking about the imminent mega renewal that will tie Charles Leclerc to Ferrari for another five years, Martin Brundle would not be surprised if the prancing horse reserved for the Monegasque “royal treatment” just to secure him for life.
Charles Leclerc, a lifetime renewal with the Prancing Horse
“The rumors are rumors, but I imagine that Charles likes being there,” Martin Brundle told Sky Sports. “I mean, who wouldn’t want to drive for Ferrari? I’m sure they will pay him very well, treat him like a king, and have promised him that they will start winning.”
According to the latest rumors, Charles Leclerc may have already signed the renewal, based on a fixed three-year contract until 2027, with an option for another two years upon achieving certain goals.
The salary will also see a significant surge, with Charles Leclerc expected to earn about twice his current salary if he stays until 2029.
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“I also know that all contracts tend to be very confidential, and exit clauses are confidential,” adds the British commentator. “So, unless you really sign a contract or participate in its drafting, we will never know how things stand. But if he were to sign a long-term contract with Ferrari, I wouldn’t be so surprised. Again, though, you have to keep your options open.” – the Sky Sport expert pointed out.
In addition to extending his adventure in Maranello, Charles Leclerc currently has no real alternatives. All the top teams have secured their line-ups, except for Red Bull, which still needs to decide the fate of Sergio Perez.
Clearly, having already spent five years at Ferrari without ever realistically competing for the title, Charles Leclerc will undoubtedly want more technical assurances. The official announcement of the renewal should come in the coming weeks, with Frederic Vasseur wanting to close the deal as soon as possible and then focus entirely on the 2024 Formula 1 season.