Driver manager Nicolas Todt, who was instrumental in guiding Charles Leclerc's path to Ferrari, says the Monegasque is his greatest pride.

The Scuderia announced on Monday that it had rewarded Leclerc with a new five-year contract that secures the two-time Grand Prix winner's future with the Italian outfit until the end of 2024.

Todt, who managed the careers of, among others, Felipe Massa and Daniil Kvyat and also co-founded the very successful ART Grand Prix outfit, has been looking after Leclerc's interests since the latter's karting days when the son of FIA president Jean Todt stepped in at a time when the future Ferrari driver's funding had dried up.

"I signed Charles at 14," said Leclerc, speaking to Motorsport-Magazin. "He should have stopped karting because he ran out of money. I decided to help him.

"I introduced him to Ferrari a few years ago and today he drives there. And no one can say that he got there just like that. He's there because we did the job.

"For me, someone like Charles is my greatest pride, the fact that he went there and delivered."

Leclerc's case underlines the necessity for a manager to identify as early on as possible young talent in order for an investment, in time or money, to pay off.

Todt's company - called All Road Management and founded in 2003 - regularly scouts the junior ranks and currently has several promising young talents in its stall.

"I love finding future stars and helping them make their dreams come true," admitted Todt, who puts his own money behind the young drivers he handles.

"I am the only manager who does it that way, that is my specialty," he said.

"It's easy to say: you have to do this, you have to do that. As long as it's not your own money, you can give advice.

"You can say 'buy this house'. But do you say: 'Buy this house, we make 50/50?' Then it's a completely different thing. If I believe in someone, then I invest.

"Of course, I also try to find sponsors who help me. But if I don't find sponsors, I'm the one who has to invest.

"I did that with Jules [Bianchi], I did it with Charles, and I do it with drivers who I think are special."

Todt admitted that a young driver's performance in the junior ranks is not a guarantee of future success, as Red Bull has often found out.

But the 42-year-old only invests in those for who he has the strongest conviction.

"One can also make a mistake," he said. "I really need to be as sure as possible that my choice is right. But you can't just make good decisions. Mathematically speaking, this is not possible.

"Check out Red Bull: They had 15 drivers in the past. Of the 15, maybe two or three are in Formula 1 today.

"You make bad decisions along the way. And I can't afford to have 15 drivers because I don't have the budget. So, I take a driver or two and hope that my choice was right."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

Recent Posts

Ferrari's Sainz 'not satisfied with where we are' in Vegas

It was a solid start to the Las Vegas weekend for Ferrari with Carlos Sainz…

14 mins ago

Norris labels McLaren long-run pace ‘shocking’ in chilly Vegas

Lando Norris didn’t hold back in his assessment of McLaren’s performance on the opening day…

1 hour ago

Hamilton delighted with ‘consistently strong day’ in Vegas

Lewis Hamilton was particularly happy with his opening day of running at the Las Vegas…

3 hours ago

Verstappen stuck with 'draggy' rear wing for Vegas

Red Bull fears that its prospects for this weekend's Las Vegas Grand Prix - which…

3 hours ago

Ferrari and Mercedes admit to plank changes based on FIA’s TD

Ferrari and Mercedes have both modified their car’s floor element in Las Vegas to comply…

4 hours ago

Las Vegas GP: Hamilton continues on top in second practice

Lewis Hamilton put Mercedes on top of the timesheets for the second time in Las…

5 hours ago