{"id":866068,"date":"2026-08-21T10:10:09","date_gmt":"2026-08-21T10:10:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/866068\/"},"modified":"2026-08-21T10:10:09","modified_gmt":"2026-08-21T10:10:09","slug":"f1-news-more-on-verstappens-100m-per-year-thru-2030-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/866068\/","title":{"rendered":"F1 News: More on Verstappen&#8217;s $100M per year thru 2030 deal"},"content":{"rendered":"<p>(GMM) Max Verstappen has ended months of speculation by signing a new Red Bull contract through 2030, although the Dutchman says his biggest uncertainty was never another team \u2013 it was whether to continue in Formula 1 at all.<\/p>\n<p>The timing of the new expiry is significant because it coincides with the expected arrival of Formula 1\u2019s next engine cycle.<\/p>\n<p>\u201cWell, it was mainly about actually continuing in Formula 1,\u201d Verstappen told reporters at Zandvoort when asked what had changed.<\/p>\n<p>\u201cBut, yeah, the rules are slowly getting a bit better and, let\u2019s say, I\u2019m willing to live with it. And hopefully, you know, by 2030 it opens up another opportunity, potentially with V8 engines coming in, to look again.\u201d<\/p>\n<p>Asked whether rival teams had seriously figured in his thinking, Verstappen was dismissive.<\/p>\n<p>\u201cIt doesn\u2019t matter. Well, not to me.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-501549\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/mekies-and-verstappen-press-conf.jpg\" alt=\"Max Verstappen of the Netherlands and Oracle Red Bull Racing and Laurent Mekies, Team Principal of Oracle Red Bull Racing talk to the media during previews ahead of the F1 Grand Prix of Netherlands at Circuit Zandvoort on August 20, 2026 in Zandvoort, Netherlands. (Photo by Mark Thompson\/Getty Images) \/\/ Getty Images \/ Red Bull Content Pool \/\/ \" width=\"1500\" height=\"1000\"\/>Max Verstappen of the Netherlands and Oracle Red Bull Racing and Laurent Mekies, Team Principal of Oracle Red Bull Racing talk to the media during previews ahead of the F1 Grand Prix of Netherlands at Circuit Zandvoort on August 20, 2026 in Zandvoort, Netherlands. (Photo by Mark Thompson\/Getty Images) \/\/ Getty Images \/ Red Bull Content Pool \/\/<\/p>\n<p>Former Red Bull advisor and ongoing Verstappen confidante Dr Helmut Marko says securing Verstappen was fundamental for the team\u2019s rebuilding phase.<\/p>\n<p>\u201cMax is the face of the team, he is the leading figure,\u201d he told <a href=\"https:\/\/www.krone.at\/4262389\" target=\"_blank\" rel=\"noopener nofollow\">Kronen Zeitung<\/a>. This contract extension is crucial.\u201d<\/p>\n<p>\u201cEvery ambitious engineer wants to work with the best driver on the grid. This is the right signal at exactly the right time.\u201d<\/p>\n<p>\u201cThis will bring calm and stability to the team.\u201d<\/p>\n<p>Marko also believes the 2030 date was deliberately chosen.<\/p>\n<p>\u201cWhether a new engine will be introduced in 2030 or 2031 remains to be seen,\u201d said the Austrian. \u201cThat certainly played a role.\u201d<\/p>\n<p>According to De Telegraaf\u2019s Erik van Haren, Laurent Mekies helped convince Verstappen by inviting him, father Jos and manager Raymond Vermeulen to Milton Keynes in May for a detailed PowerPoint presentation covering the car, engine program, and future technical structure.<\/p>\n<p>Jos Verstappen says trust in Red Bull has been restored, although he hinted that performance-related safeguards remain in the contract.<\/p>\n<p>\u201cThe main argument is that there is trust in each other,\u201d he told Formule 1.<\/p>\n<p>\u201cOtherwise, of course, we would not have signed the contract. Yes, the confidence is that we will get a winning car at Red Bull again.\u201d<\/p>\n<p>\u201cOf course, agreements have been made about this in the contract. What those agreements are, we know that and Red Bull knows that and we\u2019re not going to hang that on the big clock.\u201d<\/p>\n<p>Ralf Schumacher told Bild newspaper that staying was ultimately the logical choice for Verstappen.<\/p>\n<p>\u201cI believe Max is in the best hands at Red Bull,\u201d said the German.<\/p>\n<p>\u201cIt\u2019s a team he knows and that does everything for him.\u201d<\/p>\n<p>Pierre Gasly, meanwhile, joked that former teammate Max\u2019s negotiations may also have been lucrative.<\/p>\n<p>\u201cI think his manager has done a very good job and secured him a nice pay rise,\u201d he smiled.<\/p>\n<p>Related Article:\u00a0<a href=\"https:\/\/www.autoracing1.com\/pl\/501381\/formula-1-news-verstappen-extends-with-red-bull-thru-2030\/\" target=\"_blank\" rel=\"noopener nofollow\">Formula 1 News: Max Verstappen extends with Red Bull for estimated $100M per year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"(GMM) Max Verstappen has ended months of speculation by signing a new Red Bull contract through 2030, although&hellip;\n","protected":false},"author":2,"featured_media":866069,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[441],"tags":[49,48,578,576,577,82],"class_list":["post-866068","post","type-post","status-publish","format-standard","has-post-thumbnail","category-formula-1","tag-ca","tag-canada","tag-f1","tag-formula-1","tag-formula1","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/866068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=866068"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/866068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/866069"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=866068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=866068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=866068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}