Ferrari has confirmed that Fernando Alonso will remain with the team until at least 2016 after extending his deal with the team.
Alonso's current deal with the team was due to end at the conclusion of the 2012 season but he has now agreed a contract extension which will take him closer to his aim of finishing his F1 career with the Italian team.
Having finished second in the standings last year, Alonso currently sits fifth in the championship this time around having scored his first podium finish of the campaign in Turkey last time out.
“I am very happy to have reached this agreement,” he said. “I immediately felt comfortable within Ferrari and now it feels to me like a second family.
“I have the utmost faith in the men and women who work in Maranello and in those who lead them: it is therefore natural for me to decide to extend my relationship in the long term like this, with a team at which I will no doubt end my Formula 1 career one day.”
Ferrari president Luca di Montezemolo also welcomed the news that Alonso will stay with the team, with the announcement coming just days before his home round of the season in Barcelona.
“It is a great pleasure to have renewed our agreement with a driver who has always demonstrated a winning mentality even in the most difficult circumstances,” he said. “Fernando has all the required qualities, both technically and personally to play a leading role in the history of Ferrari and I hope he will be enriching it with further wins very soon.”