Report of agreement with Ferrari F1 Charles Leclerc until 2029[F1-Gate.com]

Charles Leclerc has agreed a five-year contract extension with Scuderia Ferrari, which will keep him behind the wheel of the Prancing Horse until the end of the 2029 season, reports La Gazetta dello Sport. For Leclerc and the Monaco fanatics alike, there will be six more years of adrenaline-pumping racing, heart-stopping maneuvers and podium victories.

Leclerc’s current contract is due to expire at the end of 2024. However, Ferrari recognizes the exceptional talent of the 26-year-old and has decided to secure their futures in the long term. Leclerc’s new contract is said to include significant financial upgrades. According to La Gazzetta dello Sport, five-time Grand Prix winner Leclerc’s annual salary will start at 25 million euros and rise to 50 million euros in his final year. But that’s not all. The contract also includes a performance-related exit clause, meaning Leclerc could theoretically negotiate his exit after three years, i.e. after the 2027 season, if he is not satisfied with the team’s performance. However, given Ferrari’s recent progress and Leclerc’s unwavering commitment to success, there is no doubt that Leclerc is aiming for a long-term partnership with the Scuderia. La Gazzetta reports that the official announcement of the new contract is imminent. As a member of the Ferrari Driver Academy, Charles Leclerc made the step up to F1 with Sauber in 2018 before moving to Scuderia Ferrari the following season. He won his first two Grand Prix that year. He won three more races in 2022 and established himself as a regular front-runner for the legendary Italian team, but he was unable to improve on his track record this season due to Ferrari’s poor performance and Red Bull’s outstanding dominance. Leclerc’s relentless pursuit of victory has seen him claim an astonishing 23 pole positions, the most in F1 history without a world title. Meanwhile, La Gazzetta dello Sport reports that discussions continue regarding Carlos Sainz’s future at Ferrari with the Spanish driver, whose current contract expires at the end of 2024. This year’s Singapore Grand Prix winner is seeking a two-year contract with Scuderia Ferrari, but the team wants to keep their options open for a second seat in 2026, so they will only offer Sainz a one-year extension. It has been reported. It is worth noting that Lando Norris’ current contract with McLaren expires at the end of 2025.