Max Verstappen considers lucrative Red Bull contract extension offer

Max Verstappen is engaged in discussions with Red Bull Racing regarding a potential contract extension that could run through 2029. Despite an existing contract that lasts until 2028, Red Bull is reportedly offering a significant pay raise, adding to his current annual salary of €65 million. The new deal is conditioned upon the elimination of any exit clauses that would allow Verstappen to leave for another team under specific circumstances. While Red Bull seeks to secure Verstappen's commitment amid rumors connecting him to Mercedes, he is not in a hurry to finalize the agreement, as his management believes they hold a strong position in negotiations.

• 11:09 AMYahoo Sports — Max Verstappen Offered Massive Red Bull Pay Raise to Delete His Exit Clause