Charles Leclerc was in the rumors to get a 5-year contract extension with Ferrari for some time now. The new deal was supposed to end up paying the Monegasque a handsome salary of $50 million by the end of the new contract. According to a recent social media update, Leclerc has finally signed the new deal, securing his place with the team beyond the 2026 regulations shift. However, Carlos Sainz‘s contract extension talks have been stalled.
With five wins and 23 pole positions under his belt since he joined the Scuderia in 2019, Leclerc’s performances on the track have been a highlight, showcasing his natural talent behind the wheel. Despite the challenges faced in recent seasons, the 26-year-old driver is determined to return to winning ways while driving for Ferrari, with hopes for a successful 2024 season. Where does that leave Sainz though?
Carlos Sainz may not get a contract extension after all
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Ferrari’s focus on Charles Leclerc is similar to how other top teams operate. Just like Red Bull has done with Max Verstappen and Mercedes has done with Lewis Hamilton, Ferrari has centered their team around Leclerc, securing a long-term contract with the Monegasque. Although the duration of the new contract was not mentioned specifically, one can imagine it would be no less than a 4-year extension.
🚨 ÚLTIMA HORA: Se espera que HOY MISMO Ferrari anuncie la renovación de Charles Leclerc.
👉 Las negociaciones con Carlos Sainz siguen ESTANCADAS, pero se espera que se alcance un acuerdo antes de arrancar la temporada.
[@carlosmiquelf1]#F1 pic.twitter.com/AJTNSzCnBo
— Fórmula Directa (@FormulaDirecta) January 25, 2024
In contrast, Carlos Sainz, despite being an exceptional driver, never had the opportunity to lead a team. While he has contributed to Ferrari’s occasional success, case in point–Singapore 2023, there’s a perception that he is not up to the level of Leclerc when it comes to having a team built around you.
The news of the contract extension came from the Monegasque himself. He took to Instagram to express gratitude for Ferrari’s continued faith in him. He wrote, “The Dream Continues. Grateful to announce that I will continue my adventure in red. ❤️ @ScuderiaFerrari”
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Is Ferrari looking to replace Sainz with Alex Albon in 2025?
Carlos Sainz was the only non-Red Bull driver who managed to win in 2023. However, Charles Leclerc outscored him at the end of the season. Leclerc’s outright pace in qualifying and his ability to deliver even with sub-par machinery makes him a standout in Formula 1.
Although his ability to accumulate points, capitalize on opportunities, and maintain consistency positions the Spaniard as a valuable asset for the team, his preference for a radically different car setup compared to Leclerc makes it difficult for the team to approach a particular development cycle for their cars. This is where Alex Albon comes into the picture.
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🚨RUMOR🚨
Carlos Sainz remains the favorite to retain his Ferrari seat for 2025 and beyond.
Fred Vasseur is keen to add a driver with a similar style to Leclerc, such as previously rumored Albon, but there is pressure from Spanish sponsor Santander to extend Sainz. pic.twitter.com/r5aGxvq5zl
— Swervin³² (@Swervin32_) November 30, 2023
Albon has excelled in F1 since his return with Williams in 2022. And while Sainz may be an outright faster driver than Albon (which is debatable), Albon’s driving style, which is similar to Leclerc’s, known since their time as F2 teammates, presents better team dynamics for Ferrari. It will also help Ferrari establish a clear hierarchy within the team, with Albon in the supporting role to Leclerc as we have seen with pairings like Hamilton-Bottas and Verstappen-Perez.
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READ MORE: Charles Leclerc Contradicts Carlos Sainz’s Optimism While Still Looking Forward to a Better 2024
Do you think Ferrari will go for a tried and tested strategy, with Leclerc at the helm supported by Alex Albon in the other car? Share your insights in the comments below.