Racing star signs a contract extension through 2020

Red Bull has locked down their Formula 1 star through 2020.

The team announced that Max Verstappen signed a contract extension that adds 1 more year to beyond his previously contracted 2019 season. reports Verstappen was a likely target of Ferrari and Mercedes once he was available, so Red Bull was not taking any chances.

"He is pure racer, with an undeniable talent at the wheel and a rare instinct for what it takes to compete consistently at this level," said Red Bull team boss Christian Horner. "Coupled with a committed work ethic and a mature approach to learning his craft that belies his years, Max is right to be hungry for success and we are looking forward to extending that journey with him in our hunt for Formula One World Championships."

Verstappen is only 20-years-old and has a long upside to his career. He won the Malaysian Grand Prix this season for his second career victory, but wants more, and feels the team at Red Bull is where he can achieve it.

"They have always backed me and my ambition and I know we share that ambition," Verstappen said. "Their support, from the guys and girls in the factory through to the crew in the garage, no matter what plays out on the race track, has always been 100 percent."