The fascination with how much someone makes or earns is always big in formula one. It is understandable. F1 is the most prestigious sport in the world. So, how much does Max Verstappen earn?
If you are a fan of Verstappen, you could be interested in knowing how much salary he earns from racing.
When it comes to formula 1 racing, it does not get better than driving for Red Bull F1 team at the moment. This is one of the best teams in F1 today, and current team to have won the constructors’ champions or prize.
Therefore, your desire to know how much Max Verstappen salary earns is understandable.
Verstappen joined formula one in 2015 through Toro Rosso. He truly impressed, finishing as high as P4 at the Hungarian Grand Prix
At the start of 2016, he joined Red Bull as the youngest driver to win at the 2016 Barcelona race at 18 years and 228 days.
It is reported that RBR pays their drivers well and competitively.
That could be the reason many are interested in knowing how much Max Verstappen makes as the two-time Drivers World Champion. He controversially won the 2021 title at Abu Dhabi, and successfully defended the championship in 2022 winning the tile with 5 races to the end of the season.
In this article, I intend to share with you details of how much Max Verstappen makes or earn as a formula one driver.
You will also get a glimpse of how he spends the money he makes in F1. Max Verstappen lives in Monte Carlo, alongside other F1 drivers who live in Monaco.
This is a look at Max Verstappen income, his other sources of income and his net worth.
How Much Does Max Verstappen Earn?
Max Verstappen earns or makes $10 million as an F1 driver as an F1 driver today.
In a nut shell, he earns $10,000,000 per year from racing activities. This is one of his main sources of income today.
This is the same as the reported $10 million per year Lewis Hamilton is earning at Mercedes F1 team.
With this levels of income, Verstappen has been able to build a net worth estimated to be at $20 million today.
How Much Max Verstappen Makes in F1
As you are learning from this article, F1 drivers make a lot of money from their racing activities.
If you would like to learn how much money F1 drivers make, I have written an in-depth article on how much F1 drivers earn or make from their teams. You can go and read it here.
However, in this particular section, you are going to learn how much Max Verstappen makes in F1.
In conclusion, formula one drivers are some of the highest paid professionals. Verstappen is just but one of them.
To have a full picture of how Max Verstappen earns money, you need to understand his streams of income.
Verstappen makes money from his salary, bonuses and endorsement or sponsorship deals.
In his time at Red Bull Racing, Max is currently earning an estimated $40 million per year.
His contract with Red Bull extends to 2026. This means he will still be making money from F1 over the coming years.
It is estimated that Max Verstappen is currently worth about $50 million.
Over time, this is going to increase and will be interesting to watch how he grows his income before he retires from F1 racing.