Kevin Magnussen has signed a multi-year deal to make a sensational return to Formula 1 with the Haas squad in 2022, following the team’s decision to part ways with Nikita Mazepin ahead of the season start.
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The Haas F1 team today announced the immediate termination of the contract of their Russian driver Nikita Mazepin and their deal with Russian title sponsor Uralkali. The move comes after calls for the team to distance its self from Russia amid the ongoing invasion of Ukraine.
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World champion Max Verstappen has signed a bumper five-year contract extension with Red Bull, in a deal that will keep him at the team until at least the end of 2028. The young Dutchman is rumoured to be paid €40m a year as part of the deal.
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Michael Masi will be replaced as Formula 1 Race Director and offered a new position within the FIA as part of a series of changes following the governing body’s analysis into last year’s Abu Dhabi Grand Prix.
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The F1 Commission has approved plans to run the F1 Sprint format at three Grand Prix weekends – at Imola, the Red Bull Ring and Interlagos – in 2022.
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