Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Thursday 24 July 2008 11:52 am  |  Updated:  Wednesday 10 November 2021 11:57 am

Raikkonen considering quitting sport when Ferrari deal runs out next year

By: City PM Reporter

Add as a preferred source on Google

World champion Kimi Raikkonen has sensationally admitted he could walk away from the sport next year.


The paddock has been rife with speculation that the Ferrari driver is on the verge of retiring from the sport at the age of 28. Raikkonen insists he has no intention of breaking his £20m-a-year contract with the Italian team, which runs until the end of next season.

But the Finn hinted he could quit motorsport when that deal expires, and insisted he would not be hurried into making a decision. “I’m not in a hurry to decide what I am going to do in the future,” Raikkonen said.

“I have a year left on my contract that I want to fulfil. Later, in 2010, I do not know if I will be in F1. We will see. It is not an easy decision. “I have to evaluate many things, and I am not going to give any explanation to anybody. I will make my decision when I am ready. Ferrari are not pushing me on this.”

Raikkonen has been criticised for his recent performances, lending weight to suggestions he is bored and seeking a new challenge away from the track.

And the former McLaren and Sauber driver says he would not be bored if he retired. “No, I’m calm,” he added. “There are many things to do outside Formula One. I will find ways to amuse myself so I do not see any problem in using my free time.”

Meanwhile, Timo Glock will step into a Formula One car today – just four days after his horror crash at the German Grand Prix.

The Toyota driver was taken to hospital after careering backwards into a concrete wall at his home circuit Hockenheim.

Glock spent Sunday night undergoing tests, but having got the all-clear by doctors yesterday, the 26-year-old will return to take part in the team’s four-day test at Jerez.

Read more

Leclerc new Formula 1 deal gives $15bn Ferrari brand stability

GettyImages 2274303563 showing a significant news event or business setting, illustrating key elements discussed in the ar...

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • A meeting with the breakfast king of Mayfair

  • As it happened: Stocks jump on defence and metals boost; Oil on track to shed a fifth on US-Iran peace hopes

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

More from City PM

  • Leclerc new Formula 1 deal gives $15bn Ferrari brand stability

    Sport Business
    GettyImages 2274303563 showing a significant news event or business setting, illustrating key elements discussed in the ar...
  • Fasanara Capital Launches Investment Platform for Ferrari-backed Lending

    Business Wire
  • Real Madrid underline financial power by signing new €1bn kit deal with Adidas

    Sport Business
    GettyImages 2277999022 capturing a significant event or scene related to the news articles focus on general topics.
  • Exclusive: London in talks to host return of sumo at Royal Albert Hall

    Sport Business
    Getty Images logo prominently displayed on a sleek, modern office building facade with reflective glass panels.
  • Palantir to sue Khan over blocked Met police contract

    Legal
    The Mayor of London says he stands ready to help form a bid for the 2040 Olympic Games after City PM polling revealed widespread support for the plans.
  • Could Burnham be the answer to free-to-air sport for all?

    Sport Business
    Getty Images logo on a digital screen, symbolizing media and stock photography in a business news context
  • Justice For Players hopeful of Fifa deal in football class action after Diarra settlement

    Sport Business
    Lassana Diarra's challenge to Fifa rules could give players more power in football''s transfer market
  • Fifa+ deal to boost Dazn’s quest for first profit, says CEO

    Sport Business
    Business professionals discussing strategies in a modern conference room with a large digital screen displaying financial ...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy