Formula One world champion Michael Schumacher has signed a new contract to keep him at Ferrari until the end of the 2006 season.
Ferrari also said that the technical team that has been behind Schumacher's three straight world titles, including sporting director Jean Todt, would remain in place until 2006.
The move ensures that the team who have dominated the sport for the past three years will be together for at least three more seasons.
Five-times world champion Schumacher's existing deal was due to expire at the end of the 2004 season.
Schumacher, who won two titles with Benetton, is the most successful driver in Ferrari's history and took his third successive world title last year with six races to spare. He has a record 67 career wins.
The German has won three times this year and can regain the championship lead in Canada this weekend. He is four points behind McLaren's Finnish driver Kimi Raikkonen in the championship.
The announcement ended immediate speculation about Schumacher's future and possible retirement.