Kevin Magnussen after the Miami grand prix has 10 penalty points. When a driver reaches 12 points they get banned for a race. This market resolves to "yes" if KMag receives a ban during the 2024 season and to "No" if the season ends without him getting a race ban.

None of his existing points are set to expire this year: https://racingnews365.com/f1-penalty-points-standings-after-miami-sanctions-magnussen-on-the-edge