Latest News

Thursday, 20 July 2017
FIA mandates 'Halo' for 2018
Wednesday, 19 July 2017
F1 to discuss 'Shield' in Wednesday meeting
Kubica to test 2017 Renault in Hungary
Former PM hopes for Dutch GP return
Williams bans Villeneuve from motor home
Marchionne calls for Ferrari 'response'
Haas has 'control' of driver decision - Steiner
McLaren-Mercedes talks 'not promising' - Horner
Tuesday, 18 July 2017
Sainz plays down chances of Hungary team switch
Verstappen 'still a little wild' - Vettel
Italian press says Ferrari must 'start from scratch'
Wolff wants Hamilton to stay at Mercedes
Monday, 17 July 2017
Bottas set for 2018 Mercedes deal - Wolff
Verstappen says Ferrari rumours 'positive'
Red Bull to consider Sainz release - Horner
Alonso pushing for McLaren's engine decision
Force India musing two options for name change
Ferrari offers Vettel three-year contract - report
Haas turns 'full focus' to 2018 car
Ferrari tyre failure blame 'obvious' - Arrivabene
Sunday, 16 July 2017
Mercedes tackles quit rumours with sponsor news
Wolff blasts 'delusional' Hamilton critics
Kvyat pushes to know Toro Rosso plans
Gasly to replace Sainz at Toro Rosso - report
No more 'risky' starts for Bottas
Now Toro Rosso linked with Honda switch
Force India sued over pink sponsor deal
Vandoorne happy tide finally turning in F1
Canada GP boss not weighing into Silverstone dispute
Saturday, 15 July 2017
Giovinazzi hopes for 2018 race seat
'No objections' to Sauber deal - Honda
McLaren admits customer engine talks
Another year at Toro Rosso 'positive' - Sainz
Wolff plays down attending Vettel party
Alonso keeps open mind about 'Shield'

News

Ferrari offers Vettel three-year contract - report
2017-07-17

Jul.17 (GMM) Ferrari wants Sebastian Vettel to sign a new three-year contract.

With the German's current deal up at the end of the season, he has been linked with a potential move to Mercedes -- perhaps for 2019, once Lewis Hamilton's current contract has expired.

Vettel recently invited Mercedes chief Toto Wolff to his 30th birthday party in Switzerland, with Red Bull chief Christian Horner saying: "I would think he's got Toto in his ear saying 'Extend for a year (at Ferrari)'.

"And then he's probably got Ferrari saying 'It's three years or nothing'," Horner added.

Indeed, France's Auto Hebdo now reports that Vettel has been offered a new three-year Ferrari contract, valued at a total of EUR 120 million.

The report said Vettel would insist that, if he does stay at Ferrari, his friend and current teammate Kimi Raikkonen is also retained.

Auto Hebdo said Ferrari president Sergio Marchionne has agreed to a EUR 5 million extension for the Finn, although Raikkonen is yet to accept or reject it.

"I think the situation in the drivers market depends on Sebastian Vettel," said Horner. "But what is clear is that there will be no change at Red Bull Racing."