F1 Drivers Contract Expiration Overview

In 2024, the same Formula 1 drivers and teams from the previous year will start the first Grand Prix, but at least 13 drivers’ contracts, including Sergio Perez at Red Bull Racing and Fernando Alonso at Aston Martin, will expire by the end of the season, potentially leading to significant changes in 2025.


‣ In 2024, the same drivers and team from the previous year’s Abu Dhabi Grand Prix will start the first Grand Prix, a rare occurrence in Formula 1.
‣ At the end of the 2024 season, contracts for at least 13 drivers, including Sergio Perez at Red Bull Racing and Fernando Alonso at Aston Martin, will expire.
Max Verstappen, a triple world champion, has a contract with Red Bull Racing until the end of 2028, but it is uncertain if he will sign a new contract for 2029 and beyond.
Lewis Hamilton has a contract with Mercedes until the end of 2025, after signing a new commitment in 2023.

2024 is going to be a bit of a déjà vu moment in the world of Formula 1. The same drivers, the same teams, all lining up for the first Grand Prix just like they did in Abu Dhabi in ’23. But don’t get too comfortable. 2025 might just shake things up.

Driver contracts are a funny thing. They’re as changeable as the weather. And for the 2025 season, there’s a good chance we’ll see some major reshuffling.

Let’s talk numbers. When the 2024 season wraps up, at least 13 drivers will be out of contract. That’s a lot of potential for change. Red Bull Racing is one of the big ones to watch. Sergio Perez’s time with them is up.

And then there’s Aston Martin. They’ve got ambition, but they might also have one, maybe even two, vacant seats. Fernando Alonso’s contract? That’s up in the air after 2024. And Lance Stroll? Well, the rumor is he’s on a one-year deal. If that’s true, we could be looking at 14 drivers free to find a new home after 2024.

But what about Max Verstappen? He’s not going anywhere. Red Bull Racing has him locked down until the end of 2028. He’s a triple world champion, after all. But beyond 2028? That’s still a question mark. He’s hinted at wanting to try his hand at long-distance racing, like the 24 Hours of Le Mans.

And Lewis Hamilton? He’s with Mercedes until the end of 2025. After some long negotiations in 2023, he signed a new deal with the team he’s had so much success with. George Russell is in the same boat, tied to Mercedes until the end of ’25.

So there you have it. A quick rundown of the Formula 1 drivers’ contracts. It’s a game of musical chairs, and it’s anyone’s guess who’ll end up where.

Albert Ramirez
Albert Ramirez
Albert Ramirez is a senior writer at F1Highlights.com. With a passion for motorsports, Albert brings a unique perspective to the world of Formula One. With over five years of experience as a sports reporter, he has honed his skills in capturing the essence of the sport.

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