No concrete offer on table for Vettel yet – report

Date published: May 5 2020

Sebastian-Vettel-pondering

With the rumour mill in overdrive because of Sebastian Vettel and Ferrari, Sky Sports are reporting that no concrete offer is on the table just yet.

Vettel’s current contract with Ferrari expires at the end of the season and, with nothing signed on the dotted line yet and no racing to speak of, that has created a breeding ground for a whole host of rumours to rise up.

Sky Sports in Italy were one of the main catalysts having reported that Vettel was being offered just a one-year contract extension which included a drastic pay cut.

He has since been linked with McLaren, rumoured to be replaced by Fernando Alonso and talk of a potential seat swap with Lewis Hamilton – also out of contract at the end of year – has also resurfaced.

But Sky Sports F1 in the UK are reporting that the contract negotiations between Vettel and Ferrari have not delved into specifics yet over potential pay and contract length.

“The story doing the rounds was that he’d been offered a one-year deal and an annual salary of a third of his current contract, somewhere in the region of 10-12 million Euros,” Sky Sports reporter Craig Slater said.

“But I’m being told that no offer has been put to Sebastian Vettel, not in terms of cash that he can expect to receive or in terms of the duration of a contract either.

“All options are still on the table with Vettel at Ferrari.”

So the update, it seems, is that there is, in fact, no update. You’ve got to love silly season…

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