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Sebastian Vettel set for 2020 Ferrari contract extension

Sebastian Vettel is reportedly already in talks to extend his Ferrari contract, which runs until the end of next year.

Sebastian Vettel is reportedly already in talks to extend his Ferrari contract, which runs until the end of next year.

Auto Bild claims that a new three-year deal is in the works for the 28-year-old, which would take his tenure through to 2020.

"I don't just want to be world champion again," Vettel is quoted as saying. "I want to be world champion with Ferrari."

Sport Bild quotes Vettel as adding: "Whether we succeed, no-one can know. But the journey is the reward."

Vettel's three-year extension could reportedly be an incredible €100m (£79m), including a number-one style clause allowing him a say on who his teammate is.

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Sebastian Vettel of Ferrari during practice for the Spanish Formula One Grand Prix at Circuit de Catalunya on May 13, 2016
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