Shifting Gears: A Comprehensive Update on F1 Driver Contracts and Transfers for 2025

June 27th, 2024, 9:15 AM

The current Formula 1 season is far from over, but the transfer market is already buzzing. Several drivers have already signed new contracts, securing their spots on the 2025 grid. However, there are still a few seats up for grabs. So, what’s the current status of the various F1 drivers’ contracts? Let’s take a closer look.

Lewis Hamilton made an early splash with his historic transfer to Ferrari. In February, the seven-time world champion announced that he would be leaving Mercedes after twelve seasons to try his luck with the Scuderia. Since then, several drivers have extended their contracts or made the switch to a rival team. We’re still waiting for news from Carlos Sainz, who was sacrificed for Hamilton and has since become one of the key players in the transfer market.

Red Bull’s Confirmed Line-Up

Red Bull has also confirmed its line-up. In early June, Sergio Pérez committed to the Milton Keynes team for another two years, solidifying the Austrian team’s line-up until 2026. Yuki Tsunoda, who did not automatically move up to the top team, opted for another year with Visa RB.

Remaining Uncertainties for 2025

There are still a few question marks for 2025. We know that Haas still has two seats to fill. With the departure of Nico Hülkenberg, the Americans see an opportunity to snag Oliver Bearman. The Formula 2 driver made a strong impression during his debut with Ferrari in Jeddah. Alpine has secured Pierre Gasly for several years but does not want to continue with Esteban Ocon. This opens up opportunities for reserve driver Jack Doohan, who is eager to make his Formula 1 debut. Mick Schumacher also stands a chance of securing a seat with the French team.

Contracts of F1 Drivers

Below is a comprehensive list of current Formula 1 drivers, their respective teams, and the duration of their contracts.

Driver Current Team Contract
Max Verstappen Red Bull Red Bull (until 2028)
Sergio Pérez Red Bull Red Bull (until 2026)
Lewis Hamilton Mercedes Ferrari (until 2026*)
George Russell Mercedes Mercedes (until 2025)
Charles Leclerc Ferrari Ferrari (until 2026*)
Carlos Sainz Ferrari
Lando Norris McLaren McLaren (until 2027*)
Oscar Piastri McLaren McLaren (until 2026)
Fernando Alonso Aston Martin Aston Martin (until 2026)
Lance Stroll Aston Martin Long-term contract
Esteban Ocon Alpine
Pierre Gasly Alpine Alpine (until 2025*)
Alexander Albon Williams Williams (until 2026*)
Logan Sargeant Williams
Yuki Tsunoda Visa Cash App RB Visa Cash App RB (until 2025)
Daniel Ricciardo Visa Cash App RB
Valtteri Bottas Sauber
Guanyu Zhou Sauber
Nico Hülkenberg Haas Sauber (until 2025*)
Kevin Magnussen Haas

* Long-term contracts that continue beyond this year

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