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Nico Rosberg has reportedly agreed a two-year contract extension with the Mercedes Formula 1 team – ending speculation about a move for Ferrari’s Fernando Alonso.
The 28-year-old, whose original deal was due to expire at the end of the 2014 campaign, is understood to have committed his long-term future to Mercedes.
“We have long-term relationships with both our drivers,” a Mercedes spokesman told the BBC.
The new deal, believed to be for two years, ties Rosberg to the German manufacturing giant through to the end of the 2016 Formula One season.
Rosberg has been with the team since their inception in 2010 following a buy-out of Brawn GP, but he didn’t win a race with them until the 2012 Chinese Grand Prix – at the 111th attempt.
Further wins followed in Monaco, the British Grand Prix last year and again in Australia at the start of this season.
The German may have won the opening race of the season in Melbourne but he has had to settle for the runner-up spot at the last four races behind team-mate Lewis Hamilton as the Silver Arrows have dominated the championship.
The pair will take to the track for the Monaco Grand Prix on Sunday with Hamilton again the 1.75 favourite and Rosberg 2.80 to celebrate his contract extension with a win.