Kimi Raikkonen says he and Ferrari are “happy” to have reached a new deal for 2018.

The Italian team on Tuesday ended a period of speculation by announcing that the Finn will stay at Ferrari next year.

“We started discussing it at a late stage and quickly agreed. It did not take long to think about it,” Raikkonen said at a sponsor event in Helsinki.

“I have known about it for some time but only now read it in the newspaper.

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