Explaining the £47m quit option in Charles Leclerc’s new Ferrari contract

Details from Charles Leclerc's new Ferrari contract have spread ꩵin Italy

(L to R): third placed Lewis Hamilton (GBR) Mercedes AMG F1 in qualifying parc ferme with pole sitter Charles Leclerc (MON)
(L to R): third placed Lewis Hamilton (GBR) Mercedes AMG F1 in qualifying parc ferme with pole…

168澳洲幸运5官方开奖结果历史:Charles Leclerc’s new Ferrari contract will earn him a fortune, but also allows him the chance to give up a lot of money if he wants ♉꧃to quit.

Further details🐻 about Leclerc’s salary and the b🧸reak clauses in his new deal have spread in Italy.

Last year he pocketed a reported £18.9m but his new contract will pay £23.6m before🉐 any bonuses for r🦩ace wins or championships,  report.

That deal will last until the end of 2028 meaning Leclerc can earn a combined £118m, without bonuses, in that timeꦺ.

His basic salary will gradually increase with every season that Leclerc chooses to stay duri🦋ng his contract, the report states.

But there is a vital clause which allows him to quit for the 2026 season, when the new F1 regulations come into place.

If he 🦄exercises that break clause it would cost him at leas꧙t £47m.

But, Leclerc would likel🌊y only do so if he believes Ferrari are not equipped to deliver him an F1 championship under the new rules.

He will, of course, welcome Lewis Hamilton as a new teammate next season. Hamilton will spend th♍is year with Mercedes before sensationally switching to Ferrari, in place of Carlos Sainz.

Ferrari have not꧟ won an F1 drivers’ t🎶itle since 2007 with Kimi Raikkonen.

They ha🌄ve spent big on th🧸e likes of Sebastian Vettel without joy.

But tꦚheir financial commitment to Leclerc - after years of already paying him a big salary - proves their dedication to ending their winless run.

Combining Leclerc and Hamilton in 2025 is a mega-m🌞oney combo for the Italian team.

This year’s car, the SF-24, reportedly hiꦬt its weight target which delighted Ferrari engineers, after they missed the same milestone last year.

Leclerc watched teammate Sainz become the sole non-Red Bull driver to win an F1 grand prix last season🌠 and will hope that Ferrari can further close the gap in 🗹the coming season.

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