The risks and rationale of Leclerc’s new Ferrari F1 deal

The risks and rationale of Leclerc’s new Ferrari F1 deal

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Charles Leclerc has signed a new multi-year deal with Ferrari. Scott Mitchell-Malm explains the likely rationale behind Leclerc’s big decision and the risks behind it

Charles Leclerc has officially extended his contract with Ferrari for several more seasons, although the exact length of the deal has not been disclosed. This move solidifies Leclerc’s status as one of the best talents in Formula 1 and a key asset for Ferrari. While Ferrari needs Leclerc, he could have easily chosen to move to another team with similar competitiveness. However, Leclerc’s adoration for Ferrari, loyalty to the team, and belief in the project led him to renew his commitment. His positive relationship with team principal Fred Vasseur and the team’s improved performance under his leadership further influenced Leclerc’s decision. Overall, this contract extension demonstrates Leclerc’s faith in Ferrari and his desire to achieve success with the team.

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