Mar.14 (GMM) Dietrich Mateschitz has admitted to German news agency DPA that Sebastian Vettel should sign a contract extension "soon".

Sport Bild reported at the weekend that the reigning world champion is close to signing up with Mateschitz's Red Bull Racing through 2014.

"I can't comment at the moment but it's no secret that I am very, very comfortable with Red Bull," Vettel, 23, is quoted as saying.

He has recently mused a possible switch to Ferrari or Mercedes but the reports said Vettel will earn more money in 2012 and beyond and be required to do less PR work.

In a new interview with Spain's Marca newspaper, Vettel was asked about the Ferrari rumours.

"If you look at my passport, I think I've got more than a couple of years more to think about it," said the German.

"I'm very happy where I am, it's like a family. I have a special relationship with Red Bull and I'm proud of that."

Latest F1 News - Mobile version

26 Feb: New Ferrari not quickest in field - Domenicali 26 Feb: Red Bull still best in 2013 - Tost 26 Feb: 2014 French grand prix 'possible' - Prost 26 Feb: Danica Patrick 'not interested' in F1 switch 26 Feb: Report - Gilles Simon working on F1 engine for Honda 26 Feb: Gutierrez plays down link to Carlos Slim 26 Feb: Caterham exhaust 'legal' insists van der Garde 26 Feb: McLaren replaces Mercedes-bound Lowe 25 Feb: 'Engine maps' trouble for Red Bull, Lotus - report 25 Feb: Mercedes-bound Lowe to miss 2013 opener - report 25 Feb: Mercedes 'in group of teams' behind Red Bull - Lauda 25 Feb: Gutierrez expects Hulkenberg to beat him early in 2013 25 Feb: New Ferrari 'much better' than 2012 - Massa 25 Feb: Teams 'will adapt' to new tyre situation - Gutierrez 25 Feb: Tight rules make today's F1 cars 'the same' - Forghieri 25 Feb: Williams removes controversial exhaust trick 25 Feb: Contract 'conflicts' cause of Marussia test snub - Razia 25 Feb: Lotus to fight Red Bull for title - Gutierrez 25 Feb: Marussia 'ahead of Caterham' - Chilton 25 Feb: Sutil will not stay in F1 as test driver The latest F1 News - Mobile Version