P1racenews AI automatic summary:
Charles Leclerc has signed a bumper new Formula 1 contract with Ferrari that will last until 2029, according to reputable Italian publication La Gazzetta dello Sport. Scott Mitchell-Malm explains the likely rationale behind Leclerc’s big move and the risks behind it
Charles Leclerc has signed a new contract with Ferrari until 2029, which is surprising due to its length. Leclerc is highly talented and a valuable asset for Ferrari, making it understandable why they want a long-term commitment from him. However, it is a risky move for Leclerc, as he could potentially have better opportunities with other competitive teams in the future. The decision to stay with Ferrari is partly driven by Leclerc’s admiration for the team and his desire to win a championship with them. He also has faith in the team’s new leadership under Fred Vasseur, which has resulted in improved performance. Overall, while it shows Leclerc’s loyalty and belief in Ferrari, signing until 2029 could potentially hinder his career if the team fails to deliver competitive results.
