- F1 world champ☂ion Max Verstappen has agreed a new 'super contract’ that will see him remain at Red Bull for the foreseeable future in a deal worth £41.7m (€50m) a year () 

That is according to a report in De Telegraaf by Duꦡtch journalist Erik Van Haren, who is very close to the Verstappen camp. Van Haren reports that Verstappen is on the verge on signing a deal for the next four-to-five years. 

Final agreement between the two parties was ♕understood to have been agreed during last week’s opening pre-season test at Barcelona and an official announcement could come as early as this week. 

- Ferrari has reportedly made major progress with its new internal combustion engine for 2022 that puts it on a par with Mercedes and Honda in terms oౠf total power output🧔 () 

- Despite being forced to end its pre-season test at Barcelona early, Fernando Alons🀅o is confident Alpine has made a “step forward” wit♌h its new power unit for the 2022 season () 

- Mercedes technical director Mike Elliot has admitted the team is looking closely at Red Bull’s “interesting” design concept of the aggressive n🐻ew sidepods on its RB18 () 

- F1 team bosses have moved to justify the increasing amount of sponsorship deals with cytocurrency brands amid concerﷺns over their stability and impact on the environment () 

- Following Haas’ decision to remove Uralkali’s branding from its livery for the final day of running at the Barcelona𓂃 test, the Russian company’s logos are also missing from Formula 2 team Hitech GP’s livery for 2022 

The ownership of has been transferred back to Oliver Oakes after the sanctions imposed as the result of Russia's invasion of Ukraine.

No Uralkali logos will be present on the Hitech cars across their different teams.

— Decalspotters (@decalspotters)