Jun.7 (GMM) Red Bull Racing on Monday announced a new one-year contract for Mark Webber.

It means the 33-year-old Australian, who crashed with his teammate Sebastian Vettel whilst leading the recent Turkish grand prix, will stay alongside the young German in 2011.

Amid reports the Milton Keynes-based team wants to keep Vettel for a much longer term, Webber insists he is happy to have signed for only one more year.

"It's widely know that I'm not interested in hanging around in formula one just for the sake of it and at this stage of my career, I'm happy to take one year at a time," the championship leader is quoted as saying in a media statement.

Red Bull confirmed that Vettel is already under contract for 2011.

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