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Charles Leclerc signs Ferrari extension: 'Best is yet to come

Charles Leclerc signs Ferrari extension: 'Best is yet to come

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Ferrari announced that driver Charles Leclerc has officially signed an extension with its Formula 1 team. While Ferrari did not specify the length of the deal, the 26-year-old was reported to have agreed to a five-year extension that puts him under contract through the 2029 season.
Ferrari announced that driver Charles Leclerc has officially signed an extension with its Formula 1 team. While Ferrari did not specify the length of the deal, the 26-year-old was reported to have agreed to a five-year extension that puts him under contract through the 2029 season. Leclerc's deal had been set to expire following the upcoming season. According to a report by Italy's La Gazetta dello Sport last month, the extension includes an annual raise of more than $27 million and then $54 million in the final year. The agreement also reportedly includes performance-related exit clauses that could enable Leclerc to negotiate an exit after 2027 if he's not satisfied with the Scuderia's performance in Formula 1. The Frenchman is coming off his fifth season with Ferrari's F1 team, tying for fourth in the drivers' standings with 206 points. That was six points ahead of teammate Carlos Sainz, who finished in seventh, with McLaren's Lando Norris splitting the two with 205 points. Ferrari also finished third in t