Ferrari's Charles Leclerc has signed a new improved contract with the Formula One team until 2024 after an impressive 2019 season.

The Monégasque youngster finished this year's campaign 24 points ahead of team-mate Sebastian Vettel, despite starting the campaign as the number two driver.

22-year-old Leclerc won two races and claimed pole position seven times in qualifying.

"I am very happy to be staying on with Scuderia Ferrari," he said of the new deal.

"This past season, driving for the most illustrious team in Formula 1, has been a dream year for me.

"I cannot wait to enjoy an even deeper relationship with the team after what has been an intense and exciting 2019. I'm keen to see what the future holds and I can't wait to get going again next season."

Ferrari's team principal Mattia Binotto says they're delighted to have secured Leclerc's future with the team:

"With each passing race this year, our wish to extend our contract with Charles became ever more self-evident and the decision means he will now be with us for the next five seasons. It demonstrates that Charles and the Scuderia have a firm future together.

"Charles has been part of our family since 2016 and we are more than proud of the results we are achieving with our Academy. We are therefore very pleased to be able to announce that he will be with us for many years to come and I’m sure that together, we will write many new pages in the history of the Prancing Horse.”