Formula 1 in the Driver Market: Who’s Going Where?
The summer break in Formula 1 always coincides with a key question: who will change teams? Traditionally, the August break marks the start of the “silly season”, similar to a transfer period in other sports. However, unlike those sports, in F1 there is no defined deadline for a driver to decide to change teams. Lewis Hamilton, for example, signed his contract with Ferrari for 2025 before the 2024 pre-season with Mercedes, although this is not surprising coming from the driver with the most records. The restart of the season is usually hectic. This year, the double European date with the Dutch Grand Prix (August 31) and Italy (September 7) promises to be dominated by the announcements of signings for 2026. This year’s “silly season” has a new flavor, with the incorporation of a new team, Cadillac, which will join the grid next year, meaning two available places and the expansion of the field from 20 to 22 drivers.Confirmed Teams for 2026
- McLaren: Lando Norris and Oscar Piastri
- Ferrari: Charles Leclerc and Lewis Hamilton
- Aston Martin: Fernando Alonso and Lance Stroll
- Haas: Esteban Ocon and Ollie Bearman
- Audi: Nico Hülkenberg and Gabriel Bortoleto
A signing of this magnitude would have had repercussions throughout the grid. Other teams were waiting in the wings, ready to act if a move by Verstappen to Mercedes left George Russell available. Ultimately, this did not happen, as Verstappen confirmed he would stay at Red Bull for 2026. This gives us the starting point to analyze the current situation.Mercedes team principal Toto Wolff confirmed the team’s interest in the four-time world champion.
Toto Wolff
Mercedes
Now that Verstappen will be in third place in the championship during the summer break, without activating the performance clause in his contract that would allow him to leave Red Bull, the Mercedes driver lineup for next season seems clear. Russell, whose contract ends at the end of the season, did not have a new agreement on the table when he left the Hungarian Grand Prix for the summer break, but the process of signing an extension is underway. The duration of that extension is something to consider. Sources close to the drivers’ market expect Mercedes to offer Russell a one-year contract to keep open the possibility of signing Verstappen next season. Although Russell is looking for a longer deal, his situation is complicated by the fact that he both races for Mercedes and is managed by them, which limits his negotiating power. Kimi Antonelli, a rookie teammate, has struggled lately, but is expected to be retained for 2026. With the growing internal belief that Mercedes will be competitive under the new regulations to be implemented in 2026, Wolff is in a somewhat advantageous position. Granting Russell and Antonelli short-term deals will give the team flexibility next year in what will likely be a more open driver market. Hamilton’s contract with Ferrari expires at the end of next season, and any departure or retirement of the seven-time world champion could create a domino effect throughout the grid, while Verstappen is likely to want to leave again if Red Bull remains uncompetitive within 12 months.Cadillac
With the Verstappen-Mercedes situation resolved, the arrival of Cadillac, which will become the eleventh team on the grid next season, will dominate attention in the “silly season”, with two seats available in a completely new project. The American team, overseen by General Motors and led by former Manor boss Graeme Lowdon, has made it clear that announcing its drivers has been a low priority this year, as it focuses on building the operation from scratch.
Alpine
Pierre Gasly has scored 100% of Alpine’s points this season, which highlights not only how much he has evolved since leaving Red Bull, but also how difficult it has been for his team to find a suitable teammate in the other car. Jack Doohan was put under immediate pressure when Alpine signed Franco Colapinto as a reserve driver before the season began, and the Australian driver did not deliver. Doohan was replaced at the Emilia Romagna Grand Prix, but Colapinto has had no better luck. The Argentinian driver is on loan from Williams, where he became an overnight sensation as a replacement for Logan Sargeant last year, but the shine of that campaign has quickly faded with a series of very poor results and accidents since he made the move. However, this has not diminished his financial influence. Colapinto arrived at Alpine with significant backing from a group of Latin American companies, which has been vital to his rise to the main team. There have been conflicting reports about Colapinto’s position in the team. Publicly, Alpine’s executive advisor, Flavio Briatore, has said that the Argentinian’s performance must improve rapidly if he wants to stay in the seat, and the team was linked last month with a mid-season move for Bottas. Such a move would likely tie the Finnish driver until 2026 as well, something that would not be unreasonable given Bottas’ long relationship with Mercedes, which will supply engines to Alpine from next year, but that seems to depend on whether he takes the Cadillac seat. Reserve driver Paul Aron could also have the opportunity to prove his worth at the end of the year. Before the break, sources with knowledge of the team’s thinking suggested to Alofoke Deportes that Colapinto could stay beyond 2025, regardless of whether his performance improves, given the importance of the money he brings.Red Bull and Racing Bulls
You had almost forgotten about this one, right? While much of the attention in the last two months has focused on Verstappen, it’s worth remembering that the future of his teammate, Yuki Tsunoda, is not clear beyond this season. Tsunoda was promoted to the team instead of Liam Lawson after only two races this season, but he has had brutal struggles in the seat alongside the four-time world champion.