Ferrari rewards Leclerc with multi-year contract extension

Charles Leclerc has extended his contract with Ferrari on a multi-year deal, meaning he will remain with the team in Formula One until at least 2024.

Leclerc joined Ferrari at the start of the year, having raced with Alfa Romeo in 2018, and he had a huge impact on the team, finishing ahead of his more experienced team-mate, Sebastian Vettel, in the driver’s standings.

With both Ferrari drivers out of contract at the end of next season, Ferrari have made the decision to extend Leclerc’s by a further five years, meaning the 22-year-old is no longer available for the likes of Mercedes and Red Bull, with all the top teams’ drivers out of contract at the end of 2020.

Speaking about the new deal, Leclerc said: “I am very happy to be staying on with Scuderia Ferrari. This past season, driving for the most illustrious team in Formula 1 has been a dream year for me.

“I cannot wait to enjoy an even deeper relationship with the team after what has been an intense and exciting 2019.

“I’m keen to see what the future holds and I can’t wait to get going again next season.”

Leclerc secured his maiden pole position and victory with Ferrari in 2019, and took his second race win in front of the famous Italian tifosi at Monza, securing his position as a fan favourite in Italy, and Ferrari Team Principal, Mattia Binotto, is hoping that over the next five years they can re-write history.

“With each passing race this year, our wish to extend our contract with Charles became ever more self-evident and the decision means he will now be with us for the next five seasons.” added Binotto.

“It demonstrates that Charles and the Scuderia have a firm future together.

“Charles has been part of our family since 2016 and we are more than proud of the results we are achieving with our Academy.

“We are therefore very pleased to be able to announce that he will be with us for many years to come and I’m sure that together, we will write many new pages in the history of the Prancing Horse.”