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Leclerc Signs Multi-Year Extension With Ferrari and Says He Rejected Rival Offers

His commitment gives Ferrari a long-term leader as the team tries to close the gap on Mercedes.

Overview

  • Ferrari announced this week that Charles Leclerc has signed a multi-year contract extension that closes the question over his immediate future at the team.
  • Leclerc told reporters that other Formula 1 teams made offers for his services but he declined to name which teams and said Ferrari was always his choice.
  • Ferrari has not disclosed the exact length of the new deal, and media reports that his pay rose to roughly €50 million a year remain unconfirmed.
  • Leclerc pointed to a decade with Ferrari’s academy and a strong relationship with team principal Fred Vasseur as the main reasons for staying, and he singled out Monaco as the circuit where Ferrari has its best short-term chance against Mercedes.
  • The extension gives Ferrari driver stability and a clear leader to build around, a move that could shape team strategy, driver hierarchy and Ferrari’s long-term push to close Mercedes’ early-season advantage.