Max Verstappen Net Worth 2024: How rich is the F1 world champion?
Max Verstappen has dominated Formula 1 in what has been a historic run at the pinnacle of motorsport.
Max Verstappen after Las Vegas GP win (Via IMAGO)
|$65 Million from Red Bull and $4 Million from endorsements
|Unmarried, in a relationship with Kelly Piquet
|EA Sports, ViaPlay, Player 0.0, Ziggo, Red Bull, G-Star Raw and CarNext.com
|Formula 1 Driver
Red Bull star driver, Max Verstappen has established himself as an all-time great in Formula 1. Many expect the Dutchman to achieve what Lewis Hamilton has achieved in the past decade. The prodigiously talented Verstappen had a very decorated karting career, which caught Red Bull’s eye in 2014. At the tender age of 17, the Dutchman was moved from F3 to F1 during the Australian GP into Toro Rosso.
After he was promoted to the main team mid-season in 2016, the Dutchman did not take too long to justify the decision – winning his debut race, the 2016 Spanish GP, with Red Bull. Verstappen claimed the F1 title in 2021, defeating Lewis Hamilton in one of the most thrilling F1 seasons of all time. He overtook Hamilton on the final lap of the Abu Dhabi GP, as he claimed his maiden F1 title in a season finale that will go down as one of the best in history.
In 2022, he went from strength to strength, dominating the season after some early setbacks. While Charles Leclerc gave him a run for his money early on, he could not keep up with Verstappen. The Dutchman set the record for the most wins in a season, winning 15 out of the 22 races held in the season. This has cemented him, statistically, as one of the best Formula 1 drivers of all time. With 54 victories at the Grands Prix, including a record-breaking 19 wins in 2023, he currently sits at the third position in the all-time wins table.
With such sporting success comes financial success, and he has now become one of the richest and highest-paid Formula 1 drivers. The details of his current net worth and salary are given below.
Max Verstappen Net Worth
Max Verstappen is clearly Red Bull’s main man. Although his importance for his team cannot be determined in words, Verstappen’s net worth is reportedly $210 Million in 2024. This three-time world champion has earned such staggering wealth through lucrative brand endorsements and massive contracts from Red Bull. Certainly, in the coming years, Verstappen’s net worth will only grow as the 26-year-old invests in opportunities outside F1 as well.
Max Verstappen Formula 1 Contract & Salary
Max Verstappen signed a lucrative six-year contract extension with Red Bull, which will pay him around $60 Million per year in 2022. The three-time world champion was the highest-paid F1 driver in 2023 according to Forbes. Verstappen’s base salary in 2023 was $45 Million excluding bonuses. Max is currently at #22 on the list of the world’s highest-paid athletes. The contract that he signed with Red Bull was declared just 3 months after he claimed the F1 title in Abu Dhabi in 2021, and runs until 2028.
Max Verstappen Bonuses
Max Verstappen is currently hailed as Red Bull’s Golden Boy because of his prowess behind the wheels of his racecar. The Dutchman is currently on a historic run with the most dominant season in the sport’s history this year. It is well known that F1 racers are given special bonuses whenever they win a race or even come in the top 3 or top 10. In Max Verstappen’s case, he was given a whopping $25 Million in bonuses for his incredible 2023 season by Red Bull.
Max Verstappen Endorsements
It’s hard to argue that Max Verstappen, being a Formula 1 driver, is a lucrative sponsorship opportunity. Especially now that he’s a three-time World champion and the second-most successful driver on the current grid. Moreover, the 26-year-old is one of the most popular drivers, as can be determined by just the size of the Orange Army in Zandvoort.
Likewise, Max Verstappen endorses a lot of famous brands like – Tag Heuer, Ziggo, Red Bull, G-Star Raw, and CarNext.com. Verstappen’s own website boasts some more sponsors like ViaPlay and EA Sports as well. The 26-year-old has even appeared in commercials for Honda and Heineken. Jumbo Supermarket was a major backer of the Dutch driver throughout his career. However, this partnership came to an end in 2023.
Max Verstappen Investment in Businesses
As a millionaire athlete, Max Verstappen is sure to have made a good number of investments in some of the companies at the young age of 26. The biggest investment of the 26-year-old is the Verstappen.com brand. The three-time champion has sponsored DTM racer Thierry Vermeulen and even Max’s father Jos Verstappen. Moreover, the Red Bull driver plans to have his own GT3 team in 2025.
Moreover, Verstappen even streams on Twitch for Team Redline, one of the most prominent names in the world of simulator racing. On the other hand, it is unclear if the 26-year-old has invested in any other ventures.
Max Verstappen Investments in Real Estate
With his million-dollar annual paycheck, it is no surprise that Max owns multiple penthouses all around the world in the most luxurious of spots. Like many other Formula 1 drivers like Monaco native Charles Leclerc, Daniel Ricciardo, and even Lewis Hamilton, Max Verstappen also owns a place in Monaco, where he currently resides. He lives in a penthouse, reported to be worth around $16 million. Monaco is a very popular place to live, and in the meantime, the Dutchman has settled here. However, he still chooses to rent his house instead of outright buying it, which he could probably afford.
This may be because he does not want to stay there in the long run. The Dutchman is involved with ‘Team Readline’ and sim racing, so he has a rig for that purpose in his home as well. Interestingly, The 26-year-old keeps his world championship trophy beside his sim set-up.
Max Verstappen Car Collection
Many Formula 1 drivers have car collections to behold – Max Verstappen is no different! The Dutchman has many spectacular cars in his incredible collection. Among the cars that he is said to own are the Aston Martin Valkyrie (valued at around $3 million), the Porsche 911 GT3 RS (about $131,000), the Aston Martin DB11, a Renault R.S. 01 (some $300,000), an Aston Martin Vantage, and Ferrari Monza SP2 ($1.8 million) among others.
Max Verstappen Watch Collection
As the all-too-familiar face of Formula One, Max Verstappen has no dearth of expensive watches to show off. The current World Championship leader has had Tag Heuer, the luxury watchmaker, manufacture a special-edition watch in his name. It is called the ‘TAG Heuer Monaco special edition ‘Max Verstappen’ in DLC titanium’.
On several other occasions, he has been spotted boasting a TAG Heuer Carrera ‘Jack Heuer’ limited edition watch, and also a White Gold Patek Philippe Aquanaut Chronograph. Other than this, he owns several models of customized Tag Heuers because the Swiss brand has a long-standing sponsorship deal with Red Bull.
Max Verstappen Girlfriend
Red Bull’s star driver is very secretive about his personal life. However, it is now common knowledge that Max Verstappen is currently in a relationship with Brazilian model and columnist Kelly Piquet, the daughter of Nelson Piquet Sr., a three-time F1 world champion. Kelly was previously in a relationship with now former F1 driver Daniil Kyvat and has a child from that union, 3-year-old Penelope.
Kelly Piquet and Max Verstappen are an endearing couple that are adored by millions of fans. The two reportedly started dating in 2020.
Max Verstappen Parents
Max Verstappen has racing in his blood. His father, Jos Verstappen, drove 106 races in Formula 1 for teams such as Benetton, Tyrrell, Arrows, and Minardi. In these 106 races, he scored 2 podiums. In his debut F1 season with Benetton, Jos even partnered with Michael Schumacher for a few races. But Max’s father, Sophie Kumpen is (or was) a racing driver as well.
She was a two-time Belgian karting champion and drove against names such as Jan Magnussen, Jarno Trulli, Giancarlo Fisichella, and even Max Verstappen’s team boss, Christian Horner. In his autobiography, Jenson Button even revealed that he was ‘temporary teammates’ with Kumpen in 1995, in the Formula A world championship. The Briton spoke highly of her talent. At one point, Christian Horner deemed Verstappen’s mother a ‘formidable racer’ of her time.
FAQs on Max Verstappen
Who is Max Emilian Verstappen?
Max Emilian Verstappen is a Belgian-Dutch racing driver. He drives in Formula 1 under the Dutch flag with the Red Bull Racing team.
What is Max Verstappen’s Net Worth?
Max Verstappen’s net worth is reported to be around $210 Million.
Who is Max Verstappen’s dad?
Max Verstappen’s father, Jos, is a former Formula One driver, having driven for teams like Benetton and Arrows. His Belgian mom, Sophie Kumpen, is also a two-time Belgian karting champion. Clearly, racing is in his blood.
What is Max Verstappen’s age?
Max Verstappen was born on 30 September 1997 and is currently 26 years old.
Which team does Max Verstappen race for?
Max Verstappen races for Red Bull Racing.
Is Max Verstappen married?
No, Max Verstappen is not married.
Who is Max Verstappen’s Girlfriend?
Max Verstappen is in a relationship with Brazilian model, Kelly Piquet, as of 2024.
What brands does Max Verstappen own?
Max Verstappen does not own any brand as of now but he has used Verstappen.com Racing for sponsoring in DTM.
What is Max Verstappen’s height?
Max Verstappen is 5’11 (1.81 m).
Where is Max Verstappen from?
Max Verstappen was born in Hasselt, Belgium, and grew up in a town on the Belgian-Dutch border, Maaseik where he was always surrounded by Dutch people. In his own words back in 2015, “I was raised as a Dutchman and that’s how I feel.”
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