‘Vettel re-signing with Ferrari is the best solution’

Date published: May 5 2020

Sebastian Vettel SF1000 pa

Sebastian Vettel needs Ferrari as much as Ferrari needs Sebastian Vettel, so says former F1 driver Ralf Schumacher.

Vettel is currently considering a one-year deal from Ferrari for the 2021 championship.

The contract, though, is by no means what the four-time World Champion has been offered in the past.

His first two Ferrari deals were three-year contracts with the second one, 2018 to 2020, worth $40 million per season and bonuses.

The offer that Ferrari has reportedly put on the table this time is only for one season, 2021, and it comes with a massive pay cut with a salary of just $12m.

Although there is some speculation that Vettel has turned it down, calling it a “joke”, there has not been any word from either the German or Ferrari.

It does, however, raise the questions about what would both parties do if they did not agree a 2021 extension.

Vettel has been linked to McLaren but that is likely to mean he won’t be winning races in what could be his final stint in Formula 1.

Ferrari, meanwhile, don’t have the option of signing a big name to replace him with Lewis Hamilton expected to remain at Mercedes while Max Verstappen is already committed to Red Bull.

As such Schumacher reckons Vettel and Ferrari staying together next year is the “better solution” for both.

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“Sebastian had a bad year last season due to high expectations,” he told Sky Sports in Germany. “If he wants to focus on the long term, he has to leave Ferrari.

“But if he wants to drive for victories this year and next, there is almost no alternative.

“Then the money would have to be put to the back [of his mind].

“And for Ferrari, the question of losing someone like Sebastian Vettel is not easy either.

“He is a very experienced driver and it is also about a teams’ championship, so you should agree [a new contract].

“I think there are currently not many better solutions than this driver pairing.”

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