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230005-scuderia-ferrari-abu-dhabi-gp-2023-thursday_b0c58d24-8f75-4b1b-80e6-7b0bfbcba77c ferrari sainz leclerc f1 sign

Elkann: Leclerc and Sainz will remain with Ferrari

230005-scuderia-ferrari-abu-dhabi-gp-2023-thursday_b0c58d24-8f75-4b1b-80e6-7b0bfbcba77c ferrari sainz leclerc f1 sign Elkann: Leclerc and Sainz will remain with Ferrari

There’s no official press release from Maranello but Charles Leclerc and Carlos Sainz are set for contract extensions with Ferrari if the Scuderia’s president John Elkann is true to his word.

With both drivers out of contract this year, Ferrari F1 team boss Fred Vasseur said he was in no rush to ink deals and seemed confident that Leclerc and Sainz would remain. However, this appears to be a done deal.

Aead of the new season, Red Bull’s Max Verstappen remains the outright favourite at 1.21, with Leclerc 23.00 and Sainz at 51.oo according to Stake F1 odds for 2024 which is likely to only change after the first morning of testing in Bahrain which commences on 21 February and runs for three days.

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Reported by Formula Passion during Exor’s Investor Day, Elkann was asked about the drivers: “Sainz and Leclerc? For sure they remain. Although the season was disappointing because we finished third in the Championship, it was almost second.

“But in the last quarter of the Championship, we were also able to compete with Red Bull and we claimed many poles. Now we have to take all this to push again in the next Championships to convert more poles into victories,” declared Elkann.

Sainz and Leclerc are sure to get multi-year deals from Ferrari

Schützenhilfe für Sainz: So opferte Leclerc sein eigenes Rennen in Singapur

While both drivers have been linked with a move to Audi in 2026, with Andreas Seidl heading the project from Sauber’s Hinwill headquarters, reuniting with Sainz to build a new team is not an absurd concept. But for now it seems both he and Leclerc will remain in Red.

Both drivers are likely to get multi-year deals with a retainer plus result-based bonuses. Last year Leclerc narrowly beat Sainz in the 2023 F1 Drivers’ standings but did not win a race despite starting from pole five times cementing his reputation as one of the fastest drivers of his generation.

Sainz, although unable to match Charles’s hot lap pace, the Spaniard was the only non-Red Bull driver to win a race last year, when he triumphed in Singapore. Thus on the balance, the two Ferrari drivers even out.

Hence retaining them seems sensible until Ferrari have a regular winning car, whereupon the rules of engagement are sure to alter one way or another.

For 29-year-old Sainz, this will be his tenth season in F1, while 26-year-old Leclerc enters his ninth season in the top flight when he lines up for the 2024 F1 season opener in Bahrain next month.