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Red Bull offers Verstappen new contract; Albon extends with Williams

Yahoo Sports • 1 min read • Latest: Aug 18, 2026, 6:00 PM

Last updated Aug 18, 2026

Red Bull offers Verstappen new contract; Albon extends with Williams

Summary

Red Bull has proposed a revised five-year contract to Max Verstappen, potentially keeping him with the team until 2033. It is reported that Verstappen prefers a shorter, one-year extension to evaluate his future options. Meanwhile, Alex Albon has renewed his commitment to Williams, agreeing to a deal that keeps him with the team through 2027. This announcement precedes the Dutch Grand Prix, where Aston Martin anticipates major upgrades to their Honda power unit.

Source Links

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Key Details

•Red Bull's contract offer would extend Verstappen's stay until 2033.
•Verstappen reportedly prefers a one-year deal to assess options.
•Albon's contract with Williams runs through 2027.
•Aston Martin expects significant upgrades for the Dutch Grand Prix.
•Honda’s new power unit is viewed as a milestone for the team.

Latest Updates

6:00 PMYahoo Sports — F1 Today | Red Bull make Verstappen contract move as F1 teams announce upgrades

What they're saying

"
From Alex Albon's new Williams deal to a flood of Zandvoort upgrades and more Max Verstappen speculation, here are the key stories from the day in F1. Alex Albon makes F1 decision on Williams futureAlex Albon has agreed a deal to stay with Williams, keeping him with the team in 2027.
— Yahoo Sports

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