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.