Red Bull to keep Coulthard and Webber
It was reported in Austria last month that both the Scottish veteran and his current teammate Mark Webber had "done enough to secure the blessing" of team owner Dietrich Mateschitz.
Relevant contracts were due to be signed, and according to the specialist publication Auto Motor und Sport, this has now been done.
If 36-year-old Coulthard does go on to complete the entire 2008 season, he would rank only behind Riccardo Patrese and Michael Schumacher in terms of the most experienced F1 drivers ever.
He explained this week: "I still love racing. I do a good job, I deliver value. I wake up on a Sunday and still look forward to going racing.
"I love it here at Red Bull. I still have the pace but I'm now armed with more experience. I'm not scared of hard work and we're building the foundations of future success here.
"I am not sensitive about being 36-years-old and people ask about how long I will go on.
"I only think about age when some idiot asks about it, which is fair enough because I am closer to the end of my career than the beginning."
07/02/07 Talk during the French Grand Prix weekend that veteran racer, David Coulthard, won’t be hanging up his racing gloves anytime soon after signing another twelve month extension to his current Red Bull racing contract.
While it is still to be confirmed by the Milton Keynes based squad, it is also strongly suspected that Australian driver Mark Webber will also be continuing with the team, giving the two drivers another season as teammates in the Adrian Newey powered contender.