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Charles Leclerc will earn €50 million in the final year of his new Ferrari Formula 1 contract but there are
Ferrari announced that Charles Leclerc has signed a multi-year extension with the team, but the length of the deal was not disclosed. However, Gazzetta dello Sport revealed that the agreement will cover the next five years and includes double earnings if Leclerc stays until 2029. The contract includes exit clauses linked to performance after the third year, allowing Leclerc to potentially leave at the end of 2026. Ferrari is aiming to improve on their challenging performance last season and is working on a revamped car concept for 2024. Leclerc expressed his ambition to win a World Championship with Ferrari and team boss Frederic Vasseur stated their commitment to providing him with a winning car. Renewal talks for Leclerc’s teammate Carlos Sainz have reportedly stalled.
