- Contract set to keep world champion at Red Bull for five years
- Russian driver Nikita Mazepin banned from British Grand Prix
Max Verstappen has signed a new deal with Red Bull which is set to land him one of the biggest pay days in Formula One history. It is understood the world champion’s contract extension, which could be announced as early as Thursday, is worth as much as £40m a season. The salary increase matches Lewis Hamilton’s £80m two-year Mercedes deal which expires at the end of next year.
Verstappen, 24, has been rewarded for beating Hamilton to the world title last year – and it is anticipated his new contract will keep him at Red Bull for at least five more seasons. Verstappen’s Red Bull team did not comment.