The 2022 F1 driver market promises to be one of the most intriguing for years, with only half of the drivers on the current grid holding contracts for the sport’s dawning of a new era in line with sweeping regulation changes.

On Saturday at the Austrian Grand Prix, it was announced that seven-time world champion Lewis Hamilton had signed a new two-year deal to stay with Mercedes until the end of the 2023 season.

The identity of his Mercedes teammate will be a major talking point, with Valtteri Bottas and current Williams driver George Russell both in contention for the seat.

Any decision made by Mercedes is likely to have big repercussions on the rest of the grid, with a number of drivers out of contract at the end of the season and vying to secure their F1 futures.

Ahead of the Monaco Grand Prix, McLaren announced that Lando Norris had committed his future to the team by signing a new “multi-year” contract that cements the Woking squad’s line-up consisting of the Briton and Daniel Ricciardo until at least 2023.

Max Verstappen is tied down to Red Bull until the end of 2023, while Ferrari has locked out its driver line-up until at least the end of next season with Charles Leclerc and Carlos Sainz.

Haas' rookie pairing of Formula 2 graduates Mick Schumacher and Nikita Mazepin will also continue with the team in 2022. 

Four-time world champion Sebastian Vettel signed a multi-year deal when he joined Aston Martin, and it is widely expected that Lance Stroll will continue alongside him into 2022.

Meanwhile, fellow multiple world champion, Fernando Alonso - who has returned to F1 this year - is set to race on with Alpine into 2022. 

Ahead of the French Grand Prix, Alpine confirmed that Esteban Ocon had signed a new long-term contract extension to remain at the team until the end of 2024. 

Here’s how the grid for the 2022 Formula 1 world championship season is shaping up so far…

Mercedes

Lewis Hamilton (end of 2023)
TBA

Red Bull

Max Verstappen (end of 2023)
TBA

McLaren

Daniel Ricciardo (end of 2023)
Lando Norris (end of 2023)

Aston Martin

Sebastian Vettel (multi-year)
Lance Stroll (multi-year)

Alpine F1 Team

Fernando Alonso (end of 2022)
Esteban Ocon (end of 2024

Ferrari

Charles Leclerc (end of 2024)
Carlos Sainz (end of 2022)

Scuderia AlphaTauri

TBA
TBA

Alfa Romeo Racing

TBA
TBA

Haas F1 Team

Mick Schumacher (multi-year)
Nikita Mazepin (multi-year)

Williams

TBA
TBA