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How Long Are Formula 1 Drivers’ Current Contracts? A Quick Guide

Find out the tenure of the top drivers’ deals, from Verstappen to Hamilton, and what it means for the upcoming season.

Pit crew mid pit stop with wheel gun sparks
AI-illustrated | Pitlane Press India

As the 2024 season ramps up, the question on every fan’s mind is the same: how long will the grid’s stars stay in their current seats? A recent feature on Formula1.com breaks down the contract timelines for the sport’s biggest names, from Max Verstappen to Lewis Hamilton, and offers insight into the implications for teams and rivals.

Verstappen’s 2024‑2026 Deal

Max Verstappen’s contract with Red Bull Racing, signed in 2023, runs through the end of 2026. The Dutchman has already committed to a three‑year extension, giving him a secure spot at the front of the grid for the next three seasons. The deal also includes a clause that allows Red Bull to negotiate a further extension if Verstappen continues to win championships, a scenario that the team is keen to keep open.

Hamilton’s 2024‑2025 Commitment

Lewis Hamilton, who returned to Mercedes in 2022, signed a two‑year contract that covers the 2024 and 2025 seasons. The British legend’s contract is set to expire after the 2025 season, with no public indication of a renewal. Mercedes will need to decide whether to keep Hamilton or look for a new driver as the 2026 season approaches.

Other Key Contracts

Charles Leclerc’s deal with Ferrari, signed in 2022, also runs until the end of 2025, while Lando Norris’s contract with McLaren, signed in 2021, extends through 2025. In contrast, younger drivers such as George Russell and Sergio Pérez have contracts that last until 2026, giving their teams ample time to plan for the future.

Why Contract Length Matters for India

For Indian fans, knowing when a driver’s contract ends helps anticipate potential team changes that could affect the lineup of the next season. It also informs betting markets and fan engagement strategies on platforms like FanCode, where exclusive content and live streams are tailored to the most popular drivers. With the 2024 season already underway, keeping an eye on these timelines will add an extra layer of excitement to every race.

Source: Formula1.com

Pitlane Press India is an independent, fan-made publication. It is unofficial and not associated in any way with Formula 1, the FIA, or the Formula One group of companies. “F1” and “Formula 1” are trademarks of Formula One Licensing BV, used here editorially to refer to the sport.