Max Emilian Verstappen is a professional Dutch F1 driver. He is currently competing and hold contract deal with Red Bull Racing team. The three time world champion hopeful to retain his title for another year in 2024. Max Verstappen become highest paid Formula 1 driver with contract worth more than $40m which include bonuses.
| F1 Team | Base Salary | Bonuses | Contract Years |
|---|---|---|---|
| Scuderia Toro Rosso | $500k | – | 2015 |
| Scuderia Toro Rosso | $500k | – | 2016 |
| Red Bull Racing | $1.5m | – | 2016 |
| Red Bull Racing | $3m | $500k | 2017 |
| Red Bull Racing | $3m | $500k | 2018 |
| Red Bull Racing | $10m | $2m | 2019 |
| Red Bull Racing | $10m | $2m | 2020 |
| Red Bull Racing | $10m | $2m | 2021 |
| Red Bull Racing | $25m | $5m | 2022 |
| Red Bull Racing | $25m | $5m | 2023 |
| Red Bull Racing | $40m | $5m | 2024 |
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Max Verstappen net worth reported to be $60 million based on his earnings from Formula 1 racing and endorsement deals. He become richest F1 driver in year 2024, with contract worth more than $40m which include $5m for finishing in top three position or retaining his Formula 1 drivers championship title. Verstappen become one of the most marketable F1 driver with having expensive contract deals with TAG Heuer, Puma, Jumbo Supermarkets, Ziggo, Red Bull and G-Star Raw brands.
He earned $500k guaranteed salary in debut season with Scuderia Toro Rosso as per "TSM Plug" report about F1 drivers wages in 2015. He gets top paid contract deal back in year 2022, where his salary reported to be increase from $10 million a season to $25 million a season. In 2024, he is team-up with Sergio Perez, both of them have been in great form since the start of the season 2024. Further details regarding to Max Verstappen career earnings, salary in formula 1, extension deal and endorsement deals updated here later.