Formula 1

When does each F1 driver's contract expire?

5 min read

Just how long is each current Formula 1 driver's contract and when will they expire?

It's a key detail to any F1 silly season, so here - from our understanding of what can often be a very private process - is the current expiry date of each 2024 F1 driver's contract.

It's important to note there may be options for further years beyond the below expiry dates.

Red Bull

Max Verstappen - 2028

Sergio Perez - 2024

In May 2022 Verstappen signed a bumper new deal to remain with Red Bull until 2028.

Since then he's become a three-time F1 champion and claimed just about every F1 record going, but he has repeatedly hinted he might not stick around beyond the end of his current deal.

His team-mate Sergio Perez's short-term future is less certain with his current contract expiring at the end of 2024.

A host of drivers will be circling his seat if he underperforms.

Mercedes

Lewis Hamilton - 2024

George Russell - 2025

Both Lewis Hamilton and George Russell signed new two-year deals in 2023 that were intended to keep them at Mercedes until at least the end of 2025.

But Hamilton's deal was not an iron-clad two years, as it emerged the second year was an option on his side. Hamilton ultimately activated a release clause, and will make a remarkable switch to Ferrari for 2025.

Ferrari

Charles Leclerc - "Several more seasons"

Carlos Sainz - 2024

Both Ferrari drivers' contracts were due to expire at the end of 2024 but a Leclerc extension was announced covering "several more seasons".

Leclerc had reportedly signed a new five-year deal that would keep him at Ferrari until at least the end of 2029 but the January announcement only specified "several" years.

An extension will not follow for Sainz. With Ferrari having now signed Hamilton for 2025, Sainz has acknowledged the 2024 season will be his last for the team.

McLaren

Lando Norris - 2026*

Oscar Piastri - 2026

Like Verstappen, Lando Norris committed long-term in the early part of 2022 with a bumper deal that would keep him at McLaren until at least the end of 2025.

He did have talks with Red Bull before opting to continue with McLaren.

In January 2024 he's re-committed with another "long-term" deal that will definitely keep him at McLaren until the end of 2026, and the actual expiry may well be beyond that date.

Star 2023 rookie Oscar Piastri's original McLaren contract was upgraded to a four-year deal thanks to the impressive start he made to life in F1, meaning McLaren will keep its Norris-Piastri line-up for at least another three years.

Aston Martin

Fernando Alonso - 2024

Lance Stroll - Rolling

Alonso's bombshell switch from Alpine to Aston Martin, announced in 2022, involved a contract that would keep him at the team until at least the end of 2024. Whether Alonso - who will be 43 in mid-2024 - will remain at the team beyond that remains to be seen.

We've listed his team-mate Lance Stroll as 'rolling' because the details of his contract aren't made public, but so far neither Aston nor Stroll aren't showing any sign of their partnership ending anytime soon.

Alpine

Esteban Ocon - 2024

Pierre Gasly - 2024

Back in 2021, Esteban Ocon signed a huge three-year deal with the Renault works team that had granted him his return to F1 after he spent 2019 on the sidelines.

Just like Ocon, countryman Pierre Gasly's contract ends in 2024.

Williams

Alex Albon - 2025

Logan Sargeant - 2024

Williams picked Albon up for 2022 after he spent the previous year on the sidelines as Red Bull reserve, then tied him down to a multi-year deal that's currently set to expire at the end of 2025 according to team boss James Vowles. That hasn't stopped speculation that he may be leaving Williams at the end of 2024.

Albon's supremely good stint at Williams so far means he won't be short of options for 2025.

Logan Sargeant was granted a second year in F1 shortly after the conclusion of his rookie season. Whether he remains beyond 2024 will depend a great deal on how much he improves.

RB

Daniel Ricciardo - 2024

Yuki Tsunoda - 2024

Red Bull's second F1 team has a new name for 2024 but its driver line-up remains unchanged.

Yuki Tsunoda has been retained for a fourth season while Daniel Ricciardo continues his F1 comeback with his first full-time campaign at Red Bull's junior team since 2013.

Sauber

Valtteri Bottas - 2024

Guanyu Zhou - 2024

Valtteri Bottas landed at Alfa Romeo-branded Sauber after losing his Mercedes drive to Russell with a multi-year deal that at least lasts until the end of 2024.

Zhou Guanyu's original deal expired last year and he received a new one-year deal in 2023 that will extend his stay at the Swiss-based outfit, which for 2024 and 2025 will be known as the Stake F1 team.

Haas

Kevin Magnussen - 2024

Nico Hulkenberg - 2024

Nico Hulkenberg returned to full-time F1 action after three years on the sidelines (via some stand-in appearances) on a two-year deal that will expire at the end of 2024.

Kevin Magnussen's current deal expires at the same point, with 2024 marking his seventh year with the team.

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