After early-season volatility, the market for Max Verstappen's retirement before the 2028 season has cooled from 51¢ to 41¢. Verstappen's deal with Red Bull runs until 2028, but traders have been closely watching his reaction to F1's new hybrid regulations. F1's biggest rule change ever has infuriated Verstappen, who has called the new cars "anti-racing" and said anyone who enjoys the new format doesn't "understand what real racing is about." The market reflects genuine uncertainty about his future, as reports suggest Verstappen's contract includes a clause allowing him to terminate his deal unilaterally if he doesn't finish at least second in the championship by the end of July. While two races in, he has zero points and isn't on the championship board, the odds suggest traders believe Red Bull will recover from their early-season struggles.