According to Sportune, the contract guarantees Leclerc’s presence at Ferrari for the 2025 and 2026 seasons, with options extending for three more years. If fully extended, the deal could be worth around £160 million, setting a new record in F1.
Performance bonuses could adjust this amount, and Leclerc’s contract includes a clause allowing him to leave at the end of each season, with a potential £43 million compensation in his final year.
READ MORE: Leclerc and Ferrari bring FIGHT to Mercedes and Red Bull with incredible development
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Red Bull in shock TERMINATION of driver contract as struggles continue
Talks with other teams
Charles Leclerc has scored all of Ferrari’s podiums in 2023
Ferrari’s urgency to secure Leclerc’s commitment may have been influenced by his discussions with top F1 teams like Red Bull, Mercedes, and Aston Martin.
Initially, Ferrari planned to focus on their car development with both drivers contracted until the end of 2024. However, the Prancing Horse was compelled to act swiftly to retain Leclerc.
Leclerc IGNORES Ferrari order before blasting Canadian GP performance.
Charles Leclerc was left visibly frustrated after he suffered a nightmare qualifying for the Canadian Grand Prix.
The Monegasque driver was eliminated in Q2 alongside Ferrari team-mate Carlos Sainz, with the pair lining up for Sunday’s race in 11th and 12th respectively….