Max Verstappen has re-signed a new contract with Red Bull which is seen as a major boost for the coming Formula 1 season.

Verstappen, one of the hot shots in Formula 1 had been linked to Mercedes and Ferrari but has signed up for another three years and hopes that he will help Red Bull be one of the contender for the World Championship.

He became part of Red Bull's junior programme in 2014 and was handed an F1 drive with its junior team Toro Rosso the year after, was promoted to the energy drink giant's main F1 outfit during the '16 season.

He has won eight races since and in 2019 he took a career-best third place in the drivers' championship standings following Red Bull's switch to Honda engines.

"I am really happy to have extended my partnership with the team," Verstappen said.

"Red Bull believed in me and gave me the opportunity to start in Formula 1, which I have always been very grateful for.

"Honda coming onboard, and the progress we have made over the last 12 months, gives me even more motivation and the belief that we can win together”.