Max Verstappen is an active racing driver who competes in open-wheel racing series. Verstappen is a driver in the Formula 1 series for Team Red Bull Racing. He is a Formula 1 world champion and has won the title thrice. Verstappen is the defending champion of Formula 1. He debuted in Formula in 2015 with Toro Rosso and became the youngest driver to race in Formula 1 at the age of 7. Verstappen is a part of the Red Bull Driver Programme and has been a part of Red Bull Racing since the 2016 season. He commandeered the team to a dominant season in 2023 where he won 19 out of 22 races. Verstappen broke numerous records throughout the season in 2023.
Max Verstappen has been racing in Formula 1 for 9 years. He has claimed 62 wins and 110 podiums while starting 204 races in Formula 1 as of October 22, 2024. Max Verstappen is among the most popular drivers of Formula 1. His fans fondly call themselves, "the Orange army". Verstappen is in a relationship with Kelly Piquet and takes care of her daughter Penelope. He is leading the 2024 Formula 1 championship with 354 points to his name according to the official Formula 1 website. The Dutch driver has a long term contract with Red Bull until the 2028 season.
| Name | Max Emilian Verstappen |
| Net Worth | $90 million |
| Age | 27 years old as of November 2024 |
| Residence | Monaco |
| Position | Formula 1 Racing driver |
| Marital Status | Unmarried |
| Source of Wealth | Salary, Endorsements and Investments |
| Salary | $55 Million |
| Endorsements | Player 0.0, EA Sports, Oracle Red Bull Racing, Red Bull, viaplay, and Heineken N.V |
| Endorsement Earnings | $5 Million |
What is Max Verstappen's Net Worth as of 2024?
As per reports from Celebrity Net Worth, Max Verstappen has a net worth of $90 million as of November 2024. Max Verstappen has earned his wealth through race winnings and his earnings from motorsports and endorsements. He is also a 3-time world champion in Formula 1. Verstappen's championship winnings in addition to his investments in his esports team, Team RedLine contribute heavily to his Net Worth.
According to Spotrac, his total earnings throughout his career amount to $245.4 million.
Max Verstappen Salary
Max Verstappen is reported to have a salary of $55 million with Red Bull Racing according to reports from Spotrac. He also has the highest salary on the Formula 1 grid. Verstappen is 17th on the list of the highest-paid athletes in 2024 as per reports from Forbes. Max Verstappen enjoyed a pay hike after he extended his contract with Red Bull Racing in 2022.
Max Verstappen earns extra money as a bonus from his race winnings in addition to his base salary. Verstappen earned $21 million as a winning bonus in 2024 according to reports from Forbes.
Max Verstappen Endorsements
Max Verstappen has listed his sponsors and partners on his official site as Player 0.0, EA Sports, Oracle Red Bull Racing, Red Bull, viaplay, and Heineken N.V. He has been a brand ambassador for both EA Sports and Heineken. He is also the poster boy of Red Bull having won for them on numerous occasions and claimed multiple championships. He earned nearly $5 million from endorsements according to reports from Forbes in 2024.
Max Verstappen Investment
Verstappen has leveraged his strong connection with Red Bull to establish a noteworthy venture known as Verstappen.com Racing X Red Bull. This collaborative effort is geared toward encompassing all facets of motorsports, ranging from karting to sim racing. It's a passion project close to Verstappen’s heart, and it is expected to be fully operational by the year 2025. This initiative reflects his dedication to the world of motorsports and his desire to contribute to its growth and development.
Max Verstappen Other Sources of Income
Apart from the salary Verstappen gets from Red Bull, he also has other sources of wealth. His fans, endearingly called the Orange Army, buy his merchandise to show their support. He also streams on Twitch.tv for Team RedLine which is another source of income for the Dutch.
Max Verstappen House
Similar to many Formula 1 drivers, Verstappen calls the luxurious principality of Monaco his residence. Fans who are curious about his lifestyle and living space can even take a virtual tour of his lavish house, as it is showcased on Red Bull's website. This virtual tour provides enthusiasts with insights into the world of the Dutch racing sensation beyond the racetrack.
Max Verstappen Car
Max Verstappen’s car collection is as follows according to reports from Business Insider and Hotcars,
- Audi R8
- Bugatti Chiron
- Ferrari Monza SP2
- Jaguar F-type
- Lamborghini Aventador
- Mercedes-Benz C63 S AMG
- Porsche 911 GT3 RS
- Aston Martin Valkyrie
- Aston Martin Vantage
- Aston Martin DB11
- Aston Martin DBS Superleggera
- Ferrari 488 Pista
- 2014 Renault R.S. 01
Max Verstappen Charity
Max Verstappen recently put his racing-winning suit from the Canadian GP for auction. The proceeds were to be donated to Wings for Life. He also organized a sim racing fundraiser this year which was able to raise funds for the floods in Emilia Romagna, Italy.
Also Read: How many grand prix has Max Verstappen won?
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FAQ's on Max Verstappen's Net Worth
A.Max Verstappen is estimated to have a net worth of $90 million, as of 2024.
A. Lewis Hamilton, the seven time World Champion, is richer than Max Verstappen.
A. Max Verstappen owns a private jet he bought in 2022. It is a 15-year-old Dassault Falcon-900EX.
A. Lewis Hamilton has the highest net worth on the grid in Formula 1, estimated to be around $285 million.
A. Yes, Max Verstappen secured his third world championship after securing second place in the sprint race of the Qatar Grand Prix.
A. Max Verstappen has won 3 Formula 1 world championships.
