Carlos Sainz has signed a new contract with Ferrari until the end of 2024.
The Spaniard joined Ferrari in 2021 as a teammate of Charles Leclerc and impressed with his speed, consistency and collaborative philosophy.
His new contract means his contract is as long as Leclerc’s, who signed a five-year deal ahead of the 2020 season.
Sainz, 27, said: “I feel strengthened by this renewed show of confidence in myself and now I can’t wait to do my best for Ferrari.”
His previous contract ran until the end of this year.
Ferrari started the 2022 season with the fastest car and Leclerc is the championship favorite after establishing a 34-point lead in the standings with two wins, a second place and three fastest laps in just three races.
Sainz, who crashed out at the last Australian GP, is third in the championship, four points behind Mercedes’ George Russell.
“I have always said that there is no better Formula 1 team to race and after more than a year with them I can confirm that wearing this suit and representing this team is unique and incomparable,” he said.
“My first season at Maranello was solid and constructive, with the whole group progressing together. The result of all this work has been clear to see by now.
“The F1-75 is proving to be a favourite, which can allow me to pursue my goals on the track, starting with my first Formula 1 victory.”
Team principal Mattia Binotto said: “I have said several times that I believe we have the best driver pairing in Formula 1 and so with each race that passed it felt like a completely natural step to extend Carlos’ contract, ensuring stability and continuity. .
“In his time so far with the team, he has proven he has the talent we’ve come to expect from him, delivering impressive results and making the most of every opportunity.
“Outside the car, he is a hard worker attentive to the smallest details, which has helped the whole group to improve and progress.
“Together we can achieve ambitious goals and I am sure that together with Charles he can play a significant role in nurturing the Ferrari legend and writing new chapters in our team’s history.”
World champion Max Verstappen has been Leclerc’s closest rival so far this season, but the Red Bull driver is only sixth in the standings, 46 points behind the Monegasque after two retirements at his Red Bull.
Despite Leclerc’s huge lead, Binotto insisted after the Australian Grand Prix that both Ferrari drivers were still free to race and that Sainz was not yet in a position where he would be asked to support his teammate’s championship bid. .
Ferrari has not won the drivers’ title since 2007, when Kimi Raikkonen triumphed in a close fight with McLaren drivers Lewis Hamilton and Fernando Alonso.
Ferrari twice lost the title to Alonso in 2010 and 2012, losing to Red Bull’s Sebastian Vettel.
After Vettel switched to Ferrari from 2015, the German was a title contender in 2017 and 2018, but a series of driver and team errors torpedoed his challenge to Hamilton and Mercedes.