'Simply lovely': Verstappen signs new Red Bull contract until 2030

ZANDVOORT, Netherlands - Four-time Formula One world champion Max Verstappen has inked a fresh contract with Red Bull Racing until the end of 2030, the team declared on Thursday, quelling speculation about his future in the sport. In remarks made at a news conference, Verstappen expressed his deep appreciation for Red Bull, calling it "like a second family."

The 28-year-old, a dominant force in the sport, stated that his time with the team has been "simply lovely" after they achieved numerous victories together. Verstappen, known for his unyielding competitiveness, admitted that the team's performance this season has been underwhelming, resulting in a mid-year absence from victories and a sixth-place standing in the drivers' championship.

The uncompetitive Red Bull car this season has led many to speculate about the possibility of Verstappen switching to another team or exiting Formula One altogether. Verstappen, however, clarified that he was closer to retiring than moving to another team at the time of the announcement. He emphasized his love for racing and the team's ongoing efforts to improve their performance.

Red Bull's technical director, Laurent Mekies, commended Verstappen's competitiveness and determination, stressing the responsibility that comes with the driver's trust in the team. The news of Verstappen's extended contract comes as preparations for his home Grand Prix at Zandvoort, the Dutch race that holds a special place in his heart, are underway.

The promoters opted against continuing the race this year, partly due to uncertainty surrounding Verstappen's future. Verstappen's successful career, marked by four consecutive world championships from 2021, has made him one of the most celebrated drivers in Formula One history. His Dutch heritage, with a father who once raced in Formula One and a mother who was a karting champion, has contributed to his legacy as the sport's future icon.