New details emerge for Charles Leclerc's Ferrari contract extension: Reports
There's reportedly a new development regarding Charles Leclerc's contract with Ferrari. As of now, the Monagasque only has one more year in his current contract, which will end in 2024. Hence, the Italian team is trying its best to keep Leclerc in their team for long.
Previously, La Gazzetta dello Sport reported that Charles Leclerc's new contract will last five years until 2029. However, the rumors have slightly changed of late.
According to Formu1a.uno, a three-year contract with no constraints or exit clauses is now on the table, with the possibility of a two-year extension subject to performance requirements and other restrictions.
Charles Leclerc will also receive a considerable increase in revenue, although this will happen gradually. Rumors suggest that the pay per season can gradually increase from €25,000,000 to €50,000,000 until the end of the contract.
Leclerc had a poor 2023 F1 season. He started off brilliantly, but soon saw a decline in his performance. The 26-year-old was also quite unlucky and was involved in several DNFs and DSQs from different races. In the end, he finished fifth in the drivers' championship in 2023, while he was second in 2022.
Charles Leclerc eager to get back to racing for 2024 F1 season
After the 2023 F1 Abu Dhabi GP, Charles Leclerc spoke about how eager he is to jump back in the car and go racing. Speaking to Sky Sports, he wished for more races in the season.
Leclerc explained that the reason he was excited to race again was that the 2023 F1 season was positive for him and Ferrari as their upgrade pushed them in the right direction. He said:
"I wish there were more races. I can’t wait to hop back on the car and see where we are next year. What motivates me is that the year went in the positive way. The upgrades went in the right way."
Ferrari finished third in the constructors' championship, losing second place to Mercedes in the very last race of the 2023 F1 season. However, by what the Monagasque said, chances are Ferrari will be entering 2024 with full force to fight for the championship.