( CNN ) -- Felipe Massa has been handed a two-year contract to keep him with Ferrari until the end of the 2012 Formula One season . The Brazilian joined the Italian team in 2006 and his contract extension ends speculation that he would be leaving at the end of the current campaign . Massa has recorded 11 victories and 360 championship points for Ferrari and currently sits seventh in the drivers ' standings , 26 points behind leader Mark Webber , of Red Bull . Massa told Ferrari 's official Web site : `` I am happy to be given the opportunity to drive for Ferrari for a further two seasons . `` Throughout my entire Formula One career , I have always raced with an engine made in Maranello and it is a matter of pride for me to be able to continue working with a team that I regard as a second family . '' Massa suffered a fractured skull during the Hungarian Grand Prix in July last year and missed the rest of the season . He was fit to start the 2010 season but teammate Fernando Alonso has outshone him during the opening stages . However , Ferrari team principal Stefano Domenicali is delighted to retain the 29-year-old 's services . He said : `` Felipe has been part of Ferrari for almost a decade and together with us , he has grown as a driver and as a man , going through some very difficult times as well as giving us moments of great happiness . `` We wanted to show proof of stability for the future , believing in the worth of a driver pairing that is without equal in terms of talent , speed and its ability to work together for the good of the team . '' Alonso is also contracted until 2012 , meaning Ferrari will boast the same driver line-up for the next two seasons .
Felipe Massa extends his contract with Formula One team Ferrari . The Spaniard will stay at the Italian outfit until 2016 and has signed a new deal that runs through to 2017. The Brazilian is currently seventh in the drivers ' championship .