The four-time world champion Sebastian Vettel will quit the Red Bull team at the end of the season and join Ferrari. He will sign a three-year deal, and a figure of £50million (approximately $80million) per year has already been reported as the price Ferrari will have paid, making Vettel one of the world’s highest paid driver in history.
Legendary Michael Schumacher, who won five titles for Ferrari, was being paid $31 million per year which puts him slightly in the shadow compared to Vettel’s future earnings. Ferrari has always taken the sport especially seriously, but since 2007, Ferrari hasn’t captured a driver’s title. Ferrari will start a new chapter with a hope that Sebastian would be able to return the title.
“The voice inside me, the hunger to do something new, was bigger. It was not the easiest decision but you have to listen to your heart,” said Vettel.
Winning 39 races and four consecutive championships, Vettel had dominated the sport in recent years. Although not yet officially conformed, for next year likely to sign a large contract is Fernando Alson, the man that Vettel replaced at Ferrari. Another novelty is that the McLaren team will get a new Honda engine next year.
Red Bull boss Christian Horner said: “All I can do is wish him the very, very best for the future. He will still be close to our hearts at Red Bull, but on January 1 he will be a competitor. Obviously Ferrari have made him a very attractive offer.”