Max Verstappen has signed a three-year contract extension with Red Bull to remain at the outfit until the end of 2023.

Verstappen had been among a crop of top-line drivers whose contracts were set to expire at the end of this year, including reigning champion Lewis Hamilton and Ferrari’s Sebastian Vettel.

But the Dutchman, who was promoted to a works seat in 2016, has committed his future for another three years, ending speculation over a potential move to rivals Mercedes.

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

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

“Over the years I have grown closer and closer with the team and besides the passion from everyone and the on-track performance it is also really enjoyable to work with such a great group of people.

“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.

“I respect the way Red Bull and Honda work together and from all sides everyone is doing what they can to succeed. I want to win with Red Bull and our goal is of course to fight for a World Championship together.”

Amid a new-for-2019 engine partnership with Honda, Verstappen scored three victories and two pole positions handing the Japanese manufacturer’s its first success in Formula 1 for 13 years.

His promotion five races into the 2016 season was duly justified with a sensational win on his first outing for Red Bull at the Spanish Grand Prix.

Commenting on Verstappen’s commitment to Red Bull, team boss Christian Horner said: “It is fantastic news for the Team to have extended our agreement with Max up-to and including the 2023 season.

“With the challenge of the 2021 regulation changes on the horizon continuity in as many areas as possible is key.

“Max has proven what an asset he is to the team, he truly believes in the partnership we have forged with our engine supplier Honda, and we are delighted to have extended our relationship with him.”