Fernando Alonso: New Aston Martin contract for 80 million euros?

Will Fernando Alonso carry on or not? That is one of the most exciting questions of this Formula 1 summer. The Spaniard, now 45, stated before the summer break: “I have absolutely no doubt that Adrian Newey will one day build the best Formula 1 car on the grid for Aston Martin. I also know that it’s only a matter of time before Honda has sorted out its problems.”

“My decision has nothing to do with how this season has gone. I’d rather understand what the team has planned. I feel fresh, motivated and fast. But I also need to enjoy my work, and – quite honestly – driving at Silverstone and Spa wasn’t any fun.”

“We should always be striving to make our sport better, but for me behind the wheel – and for many spectators too – this is a Formula 1 that isn’t enjoyable. Lately, I haven’t felt the same adrenaline behind the wheel as I used to.”

Speaking during the Hungarian Grand Prix, however, Alonso also said: “I have a contract; I’m not going anywhere else.”

A contract doesn’t necessarily mean, however, that Fernando will actually be behind the wheel. Ever since he signed with Aston Martin, there has been talk that his deal could extend beyond his time as a driver to include roles in management or as a brand ambassador.

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Now, Business Book GP is speculating that the 32-time Grand Prix winner is playing his cards close to his chest in the hope of securing a new contract running until the end of 2028, for a reported annual salary of 40 million euros. The sports newspaper Marca comments: “Alonso is worth it.”

And what if things turn out differently? Fernando Alonso no longer in Formula 1? For many fans and experts, that would be a poorer top flight. Max Verstappen agrees: “It would be a real shame if we were to lose a driver of his calibre.”

Aston Martin does not, as a matter of principle, comment on contract negotiations.