Max Verstappen was "closer to retiring" than switching teams, he revealed after signing a contract extension with Red Bull until 2030. The four-time champion faced existential questions this year about his F1 future, triggered by new engine regulations and hybrid power unit frustrations. After the Japanese Grand Prix, Verstappen questioned whether continuing in F1 was worth it, citing energy recovery issues that robbed cars of power.

However, rule tweaks over the next two years will increase internal combustion power output, addressing his main concern. He also had discussions with F1 and the FIA about improving the sport. Staying at Red Bull was the secondary decision, with Mercedes and McLaren showing interest.

Verstappen praised Red Bull for allowing him to pursue activities outside F1, like the Nurburgring 24 Hours. The new deal includes a pay bump and keeps him in control of his future, demonstrating mutual trust between driver and team. Verstappen confirmed his goal remains finishing his career at Red Bull, a target he's now closer to achieving.