This archive report was first published on 7 January 2020.
On January 7, 2020, Red Bull announced that Max Verstappen had signed a new deal with the team until 2023.
Verstappen, a 22-year-old Dutchman and eight-time Grand Prix winner, had been due to see his contract expire this year. He had been considered a potential candidate to replace Lewis Hamilton at Mercedes if the six-time world champion moved to Ferrari.
However, Verstappen has now committed to Red Bull, with the team principal Christian Horner stating that continuity was key ahead of the 2021 regulation changes.
"With the challenge of the 2021 regulation changes on the horizon continuity in as many areas as possible is key," Horner said.
Verstappen expressed his pride and happiness at staying with Red Bull, tweeting: "Very proud and happy that @redbullracing will stay my home until 2023. We started this journey together and they have supported me from day 1."
He added: "I want to win with @redbull and @HondaRacingF1, our goal is to fight for a World Championship together. The best is yet to come! #YesBoys."
