Ferrari driver Kimi Raikknen will retain his seat with the Italian team for the 2016 season.

The Finn, who rejoined the team in 2014, has been re-signed by Ferrari and will partner Sebastian Vettel for a second year. Much speculation surrounded the 2007 champion’s future with the famous team whilst several drivers were mentioned as potential replacements.

“What can I say. For me, to be able to stay another year at Ferrari means that the dream goes on,” said Raikkonen.

“The Scuderia is my family, as I always said, it’s here I want to end my career.

“I am more committed than ever and I want to say thank you to the people who gave me this chance.

“Also, a big thank you goes to all my Ferrari fans, for their continuous support”.

“We believe that extending Kimi’s contract into the next season will provide further stability to the team,” added Team Principal Maurizio Arrivabene

“This has been our guideline, also considering the very good relationship between Kimi and Seb.

“On our side, this shows our great confidence in him, and I expect this confidence to be well rewarded”.

The rest of the driver market, which many suggested hung on Raikkonen’s future, is likely to now fall into place.