Perez 'urges' Verstappen to reveal highly sought-after detail after Red Bull new deal

20260820-0233
Photo: Race Pictures
F1 News
Updated: 14:23, 20 Aug
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Max Verstappen refused to reveal any details about potential exit clauses in his new Red Bull contract, with Sergio Perez taking the opportunity to create a hilarious moment during the press conference.
The four-time world champion has put an end to speculation over his future by adding another two years to his previous deal, which was due to expire in 2028. Should he see out the new agreement in full, Verstappen will remain on the grid in the colours of the Milton Keynes-based team until 2030.
Following the announcement, Verstappen also opened the door to remaining in Formula 1 beyond 2030. The Dutchman reiterated his desire to finish his career with Red Bull and suggested that his new contract may not necessarily be his last, with the potential return of V8 engines among the factors that could influence his plans.
Pressed during the press conference on the details of his new contract, including whether it contains any exit clauses, Verstappen remained tight-lipped: "I've never disclosed anything in my contract, so that stays the same."
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At that point, his former teammate jumped in, urging him to spill the beans and prompting laughter from those in the room, including Verstappen himself. The Dutchman jokingly replied that he would tell him after dinner, or as soon as he could.
verstappen-and-perez
Photo: Red Bull Content Pool

Verstappen drops major admission: 'I was closer to retiring than changing team'

Speaking to GPblog, among other media, Verstappen explained that leaving Formula 1 altogether was a more realistic possibility than continuing his career with another team. His uncertainty was particularly strong after the opening rounds of the season, when he made clear to Laurent Mekies that he was not ready to discuss his longer-term plans.
Despite those doubts, Verstappen's desire to race remains intact. Talks with Formula 1 and the FIA over potential improvements also helped shape his outlook, with the Dutchman becoming more accepting of the direction the sport is taking. His commitment to Red Bull until 2030 could also prove significant, as it leaves him in a position to reconsider his future should V8 engines eventually make a return.
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"I love racing, and I think I had a lot of very good discussions with F1, but also with the FIA, and I think we are, let's say, slowly working towards something that becomes better and better. So also from my side, of course, I adapted, I accepted the situation that I think we're all in, and just trying to make the best of that. I think also with the year that I signed to, it again opens up the door maybe, when potentially the V8s come in, to look at that again as well."

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