EXCLUSIVE: Max Verstappen signs a £40MILLION-a-YEAR deal to keep F1 world champion at Red Bull until he’s 30 and put the Dutchman in the same pay bracket as rival Lewis Hamilton ahead of new season

Max Verstappen has signed a new contract believed to be worth £40million a year to remain Red Bull’s superstar driver beyond his 30th birthday. Although Red Bull declined to confirm Sportsmail’s news, someone close to the talks said: ‘It has all been agreed. Mercedes boss Toto Wolff had been actively tracking Verstappen, but relations broke down at Silverstone last year. The Red Bull man, involved in a terrifying 180mph collision with Hamilton, was angry at how enthusiastically Mercedes celebrated victory while he was receiving treatment in hospital. After making his debut aged 17 in the 2015 Australian Grand Prix for Toro Rosso, he gained promotion to Red Bull the following year. Verstappen’s new contract is set to be announced later this week.

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