Fernando Alonso decides to extend contract with McLaren for 2018 F1 season

Fernando Alonso decides to extend contract with McLaren for 2018 F1 season

"McLaren has the technical resource and financial strength to be able to very quickly win races and world championships in F1", the 36-year-old said.

He has a long-term goal of becoming only the second driver to complete the Triple Crown - winning the Monaco Grand Prix, Le Mans and the Indy500. Fernando fully understands and buys in to the direction we are taking.

The Spaniard has endured three nightmare years at McLaren and had refused to commit to staying until the former champions felt they could provide him with a competitive auto. "If I had to choose one, it would be Sunday (race day): the drivers' presentation, the drivers' parade 10 minutes before the race".

The news underlines Fernando's commitment to McLaren, his long-term ties to the organisation, and his belief in the exciting potential and promise that exists within McLaren.

He welcomed McLaren's decision to switch engine suppliers from Honda, after three disappointing years, to Renault, whose team carried him to his titles in 2005 and 2006. His last time in the top three came while racing for Ferrari in 2014, and he has not won a race since 2013. What's worse is that Alonso's vehicle sometimes failed to start or failed to finish the race entirely.

With it, McLaren's driver lineup for 2018 will consist of Stoffel Vandoorne and Fernando Alonso. The Spaniard has scored points only twice. "It was always where my heart was telling me to stay, and I really feel at home here", he added.

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"In the August break I had a few conversations with other teams just to know their projects, their situations and some of them are winning teams this year, so there were some conversations there". We saw a lot of progress.

Fernando Alonso had doubts about continuing in Formula 1 following his appearance in the Indianapolis 500 in May before ultimately deciding to remain in the series with McLaren.

"But at the same time, I can confirm that I will be in the Indy 500 in the future".

"Obviously the last few years have been a big challenge and what you want is the best team and the best drivers in the world that you can get", he said.

"Our shareholders have ambitious plans for the whole Group, and success within Formula 1 is a central pillar of that strategy". He has been a fantastic asset to the whole organization for the past three years, is an incredible individual and is one of the most accomplished and talented racing drivers of the modern era.

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