‘Performance clause in Vettel’s contract’

Date published: June 3 2012

Sebastian Vettel could yet move to Ferrari in 2014 after it was revealed that there is a “performance-related” get-out clause in his Red Bull contract…

Sebastian Vettel could yet move to Ferrari in 2014 after it was revealed that there is a “performance-related” get-out clause in his Red Bull contract.

Last weekend it was reportedly that Vettel would be on his way to Ferrari in 2014 having signed a pre-deal with the Italian stable.

Insiders are adamant that the German has signed an option with Ferrari for 2014, subject to competitive form from the Prancing Horse stable for the rest of 2012,” The Independent on Sunday reported. The Times also carried the story.

Vettel, though, was quick to publicly pledge his allegiance to Red Bull, saying he is “very happy” where he is.

However, if the reigning World Champion isn’t happy in the near future, he could opt out of Red Bull at the end of next year’s Championship.

According to Marko, there is a ‘get-out’ clause in Vettel’s contract – from both sides – that would allow him to swap teams.

“2013 is fixed for us but, for 2014, there is a performance-related clause in his contract – for him and for the team,” the Red Bull advisor told Germany’s Bild.

“It depends on the Championship rankings in 2013 but, if Vettel and Red Bull slip in the Drivers’ or Constructors’ Championship, he could go elsewhere.”

However, triple World Champ Niki Lauda has urged Vettel not to rush into signing a deal with Ferrari as “no one can anticipate where Ferrari will be 2014.”

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