Raikkonen signs new Ferrari deal for 2018

Image
AFP Paris
Last Updated : Aug 22 2017 | 6:28 PM IST
Kimi Raikkonen has signed a one- year contract extension with Ferrari for the 2018 season, the Formula One team announced on Tuesday.
"Ferrari announces that Scuderia Ferrari has renewed its technical and racing agreement with Kimi Raikkonen," a team statement read.
"The Finnish driver will therefore race for the Maranello team in the 2018 Formula One World Championship."
Raikkonen's signature comes after he chased home Sebastian Vettel in a dominant Ferrari display in the Hungarian Grand Prix last time out.
Vettel, who increased his lead over Mercedes' Lewis Hamilton to 14 points, has yet to confirm his plans for 2018.
His contract expires at the end of the year but the German is expected to keep his easy partnership with the Finn intact for 2018.
"I think I have been public on the Sebastian issue, if he wants to stay he is more than welcome to stay," said Ferrari president Sergio Marchionne after Hungary.
For Raikkonen, 37, Tuesday's deal secures his fifth consecutive season with Ferrari after an initial spell at Maranello when he captured the world title in 2007.
He is placed fifth in the 2017 drivers' standings on 116 points ahead of Sunday's Belgian Grand Prix at Spa- Francorchamps.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 22 2017 | 6:28 PM IST

Next Story