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Charles Leclerc put on a show in 2019 by winning two Grand Prix races and taking seven pole positions, securing him a five-year deal with the Red. And now that he has all these years of expertise under his belt, the traditional five-year contract is rumored to be signed yet again. However, this time, the team with a $3.13 Billion net valuation has created a highly alluring contract for the Monegasque, and it appears they are trying to make up for all of their previous errors by gaining Loyalty of Leclerc for a staggering $204M. Did Leclerc actually fall into Ferrari’s trap?

Leclerc had always wanted to drive a Ferrari, so when he first sat behind the wheel of the Scuderia, he believed his childhood dream had come true. The team’s decline, however, has continued for the past five years where the team’s faltering hasn’t stopped and under the rule of Frederic Vasseur, the side has added another anguish of tyre degradation. Perhaps to cover up all these disastrous errors, the Prancing Horse has chosen to pay a huge $204,000,000 using the enormous amount to attract Ferrari Wonder Charles Leclerc to join them.

Perhaps to conceal all these deadly errors, the organization has chosen to entice Ferrari Wonders with a hefty $204,000,000. Considering all of his sufferings, Leclerc seems wise enough to avoid succumbing to the trap, since his contract renewal had quite a few complications. The 25-year-old is rumored to have already agreed a five-year contract extension with Ferrari, although that contract included an exit clause. As the deal is divided in two and follows the 2+3 formula.

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Frederic Vasseur had before stated unequivocally that his primary aim is to enhance their SF23. Additionally, following the winter, there will be contract discussions with both of his drivers. However, the Monegasque continues to be a lifesaver and the axis on which the entire Tifosi have put their hopes for Ferrari. And this is the main reason the team might have thought to get done with the contract extension and up offering Leclerc a massive $204M contract in order to entice him.

The Prancing Horse allegedly made an effort to entice the Monegasque for selfish reasons according to funoanalisitecnica.com, the reports read, ” For Ferrari, this role is in the firm hands of Charles Leclerc. And it is no coincidence, therefore, that the contract extension is a priority that is leading to imminent agreements. Charles is a fixed point on which Vasseur intends to focus. The Monegasque’s contract expires at the end of 2024 and not relying on his services after 2025 is not contemplated at all.”

Charles Leclerc has often proven his commitment to Ferrari. The man is very dedicated to the team’s success since he wants to bring back Ferrari’s glory. Regardless of the circumstance, the Monegasque has only sporadically won the top spot, whether it was due to fate or the team’s poor strategy. And with that in mind, the 25-year-old, who serves as the team’s fulcrum, has devised a strategy to break free from Ferrari’s constraints.

How did Charles Leclerc intend to escape the Ferrari’s bonds?

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Many Formula One drivers have been associated with Ferrari, but Michael Schumacher’s accolades have yet to be replicated. Leclerc has been making every effort to do so. However, after numerous failures, he has resolved to plan for the future. And if the team doesn’t produce results, Monegasque has a strategy to depart the team on his terms.

via Reuters

Sportune.20minutes.fr cited Formula Passion for their information as it read, “For this reason, the 2027, 2028 and 2029 seasons include exit clauses based on performance and results that will eventually allow Charles Leclerc to free himself from the contract that will bind him to the Maranello team.” [Translated Via Google]

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Do you think the new agreement fully comprehends Leclerc’s potential in light of the agonizing last few years for him?

Written by

Aditya Srivastava

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Aditya Srivastava is an F1 writer at EssentiallySports with over two years of writing experience. He developed a keen interest in the sport after the unforgettable Abu Dhabi 2021 race. As a graduate of a premier institute, Aditya is committed to producing high-quality content that is engaging, informative, and accurate.
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Edited by

Varunkumaar Chelladurai