CONFIRMED: Max Verstappen signs $97.5 million contract with Red Bull to become the highest-paid Formula One driver in history.

In a historic move, Red Bull Racing revealed that superstar driver Max Verstappen has signed a $97.5 million contract, making him the highest-paid Formula One driver ever.

The Dutch racer, who won his second successive Formula One world championship last year, has been in contract talks with the team for several months, with rumors circulating about his future in the sport.

“Max is a generational talent and a key member of our team,” stated Red Bull team principal Christian Horner in a statement.

The enormous contract, which extends Verstappen’s partnership with Red Bull until the 2026 season, is a significant investment in the driver’s future and demonstrates the team’s dedication to winning at the top level.

Verstappen, who began his Formula One career with Red Bull in 2015, has developed as one of the sport’s most dominating drivers in recent years, winning numerous races and championships. “Max has proven time and time again that he is one of the best drivers in the world,” according to Horner.

The news of Verstappen’s contract extension is likely to send shockwaves throughout the Formula One paddock, as teams and drivers alike scramble to react to the implications of the deal.

The move may also spark a renewed round of speculation about Verstappen’s future in the sport, with some observers suggesting that he may be positioning himself for a possible move to another team down the road.

“Max’s new contract is a game-changer for the sport,” said one F1 analyst.

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