Charles Leclerc signs a new contract with Ferrari

The Ferrari team announced the extension of the contract with Monegasque Charles Leclerc; the driver will continue to represent the Italian team in Formula 1 after 2024.

The terms of the agreement are not specified; Leclerc’s previous contract was valid until the end of the upcoming season. Earlier, the Italian publication La Gazzetta dello Sport reported that the team agreed with the 26-year-old driver to extend his employment contract until the end of 2029. It was also claimed that Leclerc’s salary would double to €50 million per year.

“I am very pleased to know that I will wear the Ferrari racing suit for several more seasons.” It has been my dream to play for this team since I was three years old: I watched the Monaco Grand Prix from the window of a friend’s apartment and always kept an eye on the red cars. This team has become my second family since I joined the academy in 2016. We have achieved a lot together through various challenges over the past five years. However, I believe the best is yet to come and I can’t wait for the new season to make further progress and be competitive in every race.

“My dream is to win the World Championship with Ferrari and I am sure that in the coming years we will enjoy great times together and delight our fans,” said the Monegasque.

Leclerc has been driving for Ferrari since 2019. In the 2022 season he became vice-champion, and in 2023 he took fifth place in the Formula 1 individual standings with 206 points in 22 races.

The current agreement of another team driver, Spaniard Carlos Sainz, runs until the end of 2024.