Speculations about the specifics of Charles Leclerc’s renewed Ferrari F1 contract have surfaced, despite Ferrari keeping the details confidential, have a look at his salary and net worth
The renowned Italian team officially confirmed on Thursday that Leclerc, whose existing contract was scheduled to conclude at the end of 2024, has committed to staying with the team for “several more seasons.”
Charles Leclerc Ferrari F1 new contract extension details, salary, net worth in 2024
Although the exact duration of the new contract was not disclosed, there are rumors, as per various reports by Italian publications, suggesting a likely extension of another five years.
According to Gazzetta, if Leclerc completes the entire duration of the contract, he could potentially double his current earnings of €25 million. His current net worth is at $125 million.
The Dream Continues. Grateful to announce that I will continue my adventure in red. ❤️ @ScuderiaFerrari pic.twitter.com/e9S6ot1sP9
— Charles Leclerc (@Charles_Leclerc) January 25, 2024
The report also suggests the existence of “exit clauses related to performance” that would come into play after the third year of the contract. Should Leclerc fulfill the expected length of the contract, he would remain with Ferrari until the conclusion of the 2029 season, making him 31 years old by then.
Leclerc, who has achieved all five of his race wins and 23 pole positions with Ferrari, had his best F1 season in 2022, finishing second in the drivers’ championship with three Grand Prix victories.
Despite not yet realizing his dream of winning a world championship with Ferrari, the 26-year-old driver expresses unwavering faith in the team, referring to it as his “second family” since joining the Ferrari Driver Academy in 2016.
Reflecting on his connection with Ferrari, Leclerc stated, “To race for this team has been my dream since I was three years old.” He emphasized the team’s significance in his career, expressing optimism for the future and his eagerness to compete in the upcoming season.
About Charles Leclerc
Leclerc remains committed to pursuing his dream of winning the World Championship with Ferrari. For those unfamiliar with Charles Leclerc, he is a Monégasque racing driver currently competing in Formula One for Scuderia Ferrari.
Notably, he won the GP3 Series championship in 2016 and the FIA Formula 2 Championship in 2017 before making his Formula One debut in 2018 for Sauber.
Leclerc later joined Ferrari and has achieved significant milestones, including becoming the second-youngest driver to qualify on pole position in Formula One and finishing as the runner-up in the 2022 World Drivers’ Championship.
As of now, Leclerc is set to continue his journey with Ferrari until at least the conclusion of the 2025 season.
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