5 May 2024
Marko confirms Verstappen contract ’talks’
"We are in talks"
Dr Helmut Marko has confirmed that "talks" are underway to keep Max Verstappen at Red Bull.
We have reported for some time that a contract extension for the reigning world champion is on the cards, and De Telegraaf now reports that a signature is close.
Verstappen, 24, already has a deal to the end of 2023, but multiple sources report that a multi-year extension is likely.
His co-manager Raymond Vermeulen is said to have been in Graz for talks with Marko just prior to the Barcelona test, which he also attended.
The major German broadsheet Bild claims Verstappen’s annual retainer will rise from EUR 22 million to about 26.5m, including higher bonuses for wins and titles.
"We are in talks," was all Marko, 78, would tell Auto Motor und Sport.
Red Bull
Search
Formula 1 news
5 May 2024
Berger reassured RB over Ricciardo’s F1 recovery
5 May 2024
Even Newey couldn’t solve Mercedes slump - Wolff
5 May 2024
Alonso to confront FIA over anti-Spanish bias
5 May 2024
Sainz is waiting for Red Bull and Mercedes, says Bottas
5 May 2024