Bottas signs $13M deal with Ferrari

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Valtteri Bottas has reached a deal with Ferrari to replace Finnish countryman Kimi Raikkonen in 2016.

That is the claim of Italy’s Corriere dello Sport on Friday, adding that the Maranello team will therefore not exercise the 2016 option on Raikkonen’s existing contract.

That option does not expire until July 31, and so there will be no official confirmation of the Bottas deal “at least until that date,” the newspaper said.

The report revealed that Ferrari reached an agreement with Williams, Bottas’ current team. Williams held an option on the 25-year-old’s services for next year.

Corriere dello Sport said the deal, brokered by Bottas’ experienced manager Didier Coton, amounts to some $13 million.

Read the full story here.

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