Official: Ferrari renews Fernando Alonso's contract through 2016

Filed under: Motorsports, Hirings/Firings/Layoffs, Ferrari

Few things inspire as much rumor and conjecture as the hiring and firing of Formula 1 drivers. This one's going here, that one's staying there, one is hired and another is fired. But Fernando Alonso seems to have his seat secure for the foreseeable future.

Scuderia Ferrari has announced that it and Alonso have renewed their contract through 2016, making the two-time world champion's job one of the most secure on the grid. Alonso described the move as, "natural for me to decide to extend my relationship in the long-term like this, with a team at which I will no doubt end my Formula 1 career one day."

Of course that's also what Kimi Raikkonen said, before being shown the door - just a couple of years after winning the championship for Ferrari - to make room for Alonso. In an environment as volatile as F1, the value of a contract can change just that quickly. But short of that, Alonso looks poised to stay in scarlet for years to come. Official announcement after the jump.

Continue reading Ferrari renews Fernando Alonso's contract through 2016

Ferrari renews Fernando Alonso's contract through 2016 originally appeared on Autoblog on Thu, 19 May 2011 18:01:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/05/19/ferrari-renews-fernando-alonsos-contract-through-2016/

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