Thread: Formula-1 2018
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Old 04-23-2018, 12:15 PM   #131 (permalink)
DLSTR
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Via SKY F1 Gossip -

Vettel and Ricciardo reunited in 2019?
Even before his stunning Chinese GP win made him arguably the hottest property in the 2019 driver market, speculation in the Shanghai paddock had already suggested Daniel Ricciardo had signed some form of option with Ferrari.

Sky F1 analyst Mark Hughes, writing in Motor Sport magazine, believes the reports are correct and has locked both Ricciardo and Ferrari into an exclusive negotiating period until the end of June.

'There are many different types of contractual options, but this one is said to be on both sides up to a defined date (believed to be June 30). Up until that time, neither party can officially negotiate with another,' reports Hughes.

'Because the driver is effectively locking himself out of the market for that time, discussions for his post-2018 services are contractually ‘owned’ by the team (in this case Ferrari).

'As such, he will be paid a fee. Between now and then he and Ferrari can negotiate about a future contract. This is all conventional F1 practice.' (Full story - external site)
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