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Vettel in no rush to sign new Ferrari F1 contract

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Sebastian Vettel is in no rush to sign a new Formula 1 contract with Ferrari despite his current deal expiring at the end of the season.

Vettel joined Ferrari in 2015 on a three-year deal, and currently leads the F1 drivers’ championship for the Italian marque ahead of Mercedes’ Lewis Hamilton.

Vettel’s future has been subject to much speculation as part of the annual ‘silly season’ driver rumor mill, but the four-time world champion has shown few signs of wanting to leave Ferrari.

In order to focus on his bid for a fifth title, Vettel is not looking to sign a new contract with Ferrari any time soon, believing there to be no need for an immediate decision.

“We have other things to do. In the summer there’s a bit more time, there’s a couple of weeks rest where there’s no race,” Vettel said in Thursday’s FIA press conference ahead of the Hungarian Grand Prix.

“But for now, focus is extremely high on working on the car. A piece of paper can be signed fairly quickly, so that’s not a problem.

“I’m not in a rush, I don’t think the team is in a rush as far as I understand. I think they would tell me otherwise.

“There’s no problem. Nothing’s wrong.”

Vettel is currently paired at Ferrari with Kimi Raikkonen, whose contract is also up at the end of the year.

Holmatro, INDYCAR renew partnership in five-year extension

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Holmatro, a long-time partner of INDYCAR and title sponsor of the Holmatro Safety Team, have renewed a long-standing partnership that will see Holmatro and INDYCAR continue their partnership in a five-year contract extension.

“Holmatro has been a trusted partner and supplier in Indy car racing for more than 20 years,” said¬†president of competition and operations Jay Frye. “Holmatro’s growth parallels some of the great strides made in safety for INDYCAR drivers and teams. We’re pleased to see this partnership continue, as it is a great benefit to everyone in the paddock.”

Holmatro’s relationship with INDYCAR dates back to 1991, when they first supplied tools to the safety team of the CART sanctioned PPG IndyCar World Series. Holmatro branding will continue to be featured on the firesuits, vehicles, and transporters of INDYCAR’s safety team throughout the agreement.

“Holmatro is extremely pleased to extend our partnership with INDYCAR for another five years,” said Tony Barboza, general manager for Holmatro. “We’re extremely proud to be affiliated with the premier on-track safety team in the world. Members of the safety team serve on their home fire departments when not at INDYCAR events and, like them, we believe in constant improvement and innovation. When the race is for life, you can count on the INDYCAR Safety Team and Holmatro rescue tools.”

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