Lando Norris locks in his long-term F1 future at McLaren with contract extension to at least 2030
Lando Norris has signed a long-term contract extension with McLaren, keeping him with the Formula 1 team through at least 2030. Despite recent race wins, Norris noted that the current car is not yet competitive enough to challenge for a world championship.
Why it matters
Long-term driver contracts are becoming a trend in F1, signaling stability for teams and high valuation for top-tier drivers.
LONDON (AP) — Defending world champion Lando Norris has extended his contract with McLaren until at least the end of 2030, the F1 team said Saturday.
McLaren said the new deal features "a multi-year option to commit beyond that date."
Financial terms were not announced. The Press Association news agency said the British driver's new contract could be worth up to $35 million a year.
The 26-year-old Norris secured McLaren's first drivers' title last year since Lewis Hamilton won his first championship in 2008.
"McLaren is my home, and I'm very pleased to be signing a new contract to keep me with the team until at least 2030," Norris said.
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