Overview
- Multiple outlets reported on Tuesday that Red Bull has presented Max Verstappen a proposed contract running through the end of 2029 that would delete the performance-based exit clause in his current deal.
- The package is reported to include a substantial pay increase from a roughly €65 million base to figures widely cited in the €74–80 million-per-year range and the offer has sat with Verstappen’s management for several weeks without a formal reply.
- Sources say the exit clause was activated by Verstappen’s championship position after the Hungarian Grand Prix, which gives him an option to leave and a deadline to decide in October.
- Rival teams appear to be locking in their own driver lineups, which limits immediate alternatives for Verstappen and raises the cost and urgency for Red Bull to secure a long-term commitment.
- How the talks finish will shape Red Bull’s driver planning — including Isack Hadjar’s future — and influence transfer speculation and the team’s preparation for the next regulation cycle.