The Oracle Red Bull Racing team announced on Friday that defending Formula One world champion Max Verstappen has signed a new multi-year contract extension with the Milton Keynes-based outfit until at least the end of 2028. Speaking about the new five-year contract, Verstappen said:
“I really enjoy being part of the Oracle Red Bull Racing Team, so choosing to stay to the 2028 season was an easy decision. I love this Team and last year was simply incredible, our goal since we came together in 2016 was to win the championship and we have done that, so now it’s about keeping the number one on the car long-term.
Oracle Red Bull Racing Team Principal and CEO Christian Horner commented on today’s announcement saying:
To have Max signed with Oracle Red Bull Racing through to the end of 2028 is a real statement of intent. Our immediate focus is on retaining Max’s World Championship title, but this deal also shows he is a part of the Team’s long-term planning. With the Red Bull Powertrains division working towards the new engine regulations for 2026 we wanted to make sure we had the best driver on the grid secured for that car.