“We’ve embarked on a new cycle with the aim of getting back to the top in Formula 1. It will be a long journey, not without its difficulties, especially given the current financial and regulatory situation, which is undergoing a sudden change and will require this challenge to be tackled in a different way to the recent past.
“We believe that a driver pairing with the talent and personality of Charles and Carlos, the youngest in the past 50 years of the Scuderia, will be the best possible combination to help us reach the goals we have set ourselves.”
Ferrari will be Sainz’s fourth team since joining the F1 grid in 2015, with prior stints at Toro Rosso, Renault and most recently, McLaren.
“I am very happy that I will be driving for Scuderia Ferrari in 2021 and I’m excited about my future with the team,” said Sainz.
“I still have an important year ahead with McLaren Racing and I’m really looking forward to going racing again with them this season.”