What happened: Ferrari have announced a new multi-year contract renewal with Charles Leclerc, tying their lead driver to the team beyond his current deal. The Scuderia marked the extension by celebrating "Leclerc's time so far in red - with more years to come."

Why it matters: The renewal removes uncertainty around Leclerc's future and anchors Ferrari's driver line-up for the seasons ahead. Locking in a long-term commitment from their cornerstone driver signals the team's intent to build its title bid around him.

What to watch: Watch for the official terms and length of the deal, and how the renewed commitment shapes Ferrari's plans through the rest of the 2026 campaign and beyond.