Max Verstappen has signed a new deal to stay at Red Bull until 2020 the team has confirmed.
The deal will now take him out of any driver market up until that point but does put him in a position to move for 2021 when F1’s new engine regulations are set to be introduced.
“Red Bul has always shown their faith and belief in me with actions,” said Verstappen
“Inviting me into the young driver programme as a 16-year-old, then giving me my start in Formula 1 when I was just 17, and then the opportunity to race with Red Bull Racing where I had such a dream start with this team.
“They have always backed me and my ambition and I know we share that ambition. Their support, from the guys and girls in the factory through to the crew in the garage, no matter what plays out on the race track, has always been 100 percent.
“We’ve also had some fun times! I’m very happy to commit further to Red Bull Racing and I’m looking forward to working together to enjoy more success in the years to come.”
Red Bull boss Christian Horner said:
“We are delighted that Max has agreed to extend his contract with Red Bull Racing,” said team boss Christian Horner.
“We had a phenomenal start together in Spain last year and Max has only pushed on from there. It was a great moment for the whole team to see him put the frustrations of this season behind him in taking that fantastic victory in Malaysia last month.
“He is a pure racer, with an undeniable talent at the wheel and a rare instinct for what it takes to compete consistently at this level.
“Coupled with a committed work ethic and a mature approach to learning his craft that belies his years, Max is right to be hungry for success and we are looking forward to extending that journey with him in our hunt for Formula 1 world championships.
“As we now look to the long-term with Max he is in the best place in the sport to build a team around him to deliver our shared ambition.”
Teammate Daniel Ricciardo is contracted until the end of next year and is expected to play a big part in the 2019 driver market.