Max Verstappen Net Worth 2025,Is he hightest-paid F1 driver?

Max Verstappen net worth is $90 million. Most of his income comes from his Formula 1 career, including a $55 million annual salary from Red Bull Racing. He also earns through endorsements with brands like Heineken and Electronic Arts.

Verstappen has additional income from prize money and investments in real estate. Despite controversies in the racing world, his talent and record-breaking achievements keep him at the top of the sport, allowing him to live a luxurious lifestyle while growing his wealth.

Max Verstappen Wiki

Full Name	Max Emilian Verstappen
Gender	Male
Profession	Formula 1 Racing Driver
Net Worth	$90 million
Date of Birth	September 30, 1997
Place of Birth	Hasselt, Belgium
Age	27 (as of 2024)
Zodiac Sign	Libra
Nationality	Dutch
Father	Jos Verstappen (former Formula 1 driver)
Mother	Sophie Kumpen (former karting driver)
Siblings	A younger sister
Girlfriend	Kelly Piquet (Brazilian model and daughter of Nelson Piquet, former F1 driver)
Spouse	N/A

Max Verstappen Net Worth:

Max Verstappen net worth is $90 million. His wealth has grown due to his Formula 1 success and various endorsement deals. Winning multiple World Championships with Red Bull Racing, including his first in 2021, has significantly boosted his earnings.

Verstappen’s aggressive and skillful driving style has made him one of the top earners in motorsport. Besides racing, he has investments, luxury items, and a private jet that contribute to his growing fortune.

Max Verstappen Salary:

Max Verstappen’s salary with Red Bull Racing is $55 million annually. In 2020, he signed a lucrative three-year contract extension that ensured this hefty salary. Besides his base salary, Verstappen also earns $60 million per year, which includes money from various endorsements.

His partnerships with top brands, including TAG Heuer and Interproteccion, provide him with additional income. His financial success in Formula 1 makes him one of the highest-paid athletes in the world.

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What are Max Verstappen’s Income Sources?

Max Verstappen, one of the most successful and highest-paid Formula 1 drivers, has multiple sources of income that contribute to his impressive wealth. Here’s a breakdown of the main ways he earns money:

Salary

Max Verstappen earns a $55 million base salary in 2024 from Red Bull Racing, making him the highest-paid driver in Formula 1.

In 2023, he earned $45 million in base salary, plus a $25 million bonus for winning his third consecutive world championship. This salary is part of a long-term contract extension he signed with Red Bull, making him one of the top-earning athletes globally.

Endorsements

Max Verstappen earns about $4 million per year from endorsement deals with major brands like Heineken, Electronic Arts, and others. These endorsements make up a significant part of his annual income.

His global popularity, success on the track, and marketable image have attracted brands eager to partner with him. These endorsement deals help diversify his income and increase his financial standing beyond racing.

Prize Money

As a successful Formula 1 driver, Max Verstappen also earns prize money based on his race results. The amount varies depending on how he performs in each race and the final standings in the championship.

Winning races and titles like the World Championship significantly increases his prize earnings. Verstappen’s consistent performance on the track has helped him secure substantial prize money each season, contributing to his overall income.

Investments

Max Verstappen has expanded his wealth through smart investments in real estate and other assets. These investments allow him to grow his wealth outside of racing. He owns properties and other valuable assets that generate income and increase his financial security. Verstappen’s ability to diversify his income sources helps ensure his long-term financial stability, even after his racing career ends.

Racing Team

Max Verstappen is also focused on establishing his own racing team in the future. He already operates a company called Verstappen.com Racing, which sponsors his father, Jos Verstappen, in rallying. This company also participates in GT racing.

Through this, Max looks to expand his influence in motorsport beyond just being a driver. His future plans could lead to a growing business within the racing world, adding another income stream.

Max Verstappen Private Jet

Max Verstappen has invested a large portion of his wealth into a luxurious private jet, reportedly worth around $16 million. In 2020, he purchased the plane from Richard Branson, who was the previous owner.

The jet is a Falcon-900EX, equipped with Honeywell engines and has a range of nearly 9,000 km. It can reach speeds of up to 892 km/h. The annual maintenance cost of the jet is around $1 million, and it even has a bar onboard for added comfort.

Max Verstappen Real Estate

Max Verstappen is said to live in a luxurious penthouse in Monte Carlo, which is worth around $17 million. While some believe he owns the apartment, it’s reported that he actually rents it. Despite this, Max has clarified that his choice of home wasn’t influenced by any tax benefits, as Monte Carlo is known for its tax advantages. The apartment offers him a comfortable and stylish living space in one of the most exclusive places in the world.

Max Verstappen Cars

As a Formula 1 driver, Max Verstappen has a collection of impressive cars. He is particularly fond of Aston Martins and is known to have several in his collection. In 2021, it was reported that Max was eagerly waiting for a Valkyrie worth $2.5 million to be delivered. This shows his love for high-performance cars, fitting for someone with his level of success in racing. His collection reflects his passion for speed and luxury.

Max Verstappen’s Born

Max Verstappen was born on September 30, 1997, in Hasselt, Belgium. Though he was born in Belgium, Max identifies as Dutch and competes for the Netherlands in Formula 1. His family has a rich background in motorsports, with both his father and mother involved in racing. From an early age, Max showed a deep interest and talent in racing, which eventually led him to become a Formula 1 driver at just 17 years old.

Max Verstappen’s Age

Max Verstappen is currently 27 years old. He was born on September 30, 1997, making him one of the younger drivers in Formula 1. Despite his age, Max has already achieved remarkable success in the sport, including multiple World Championship titles.

His youth, combined with his exceptional skills, has made him one of the most promising and successful drivers in the history of Formula 1.

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Max Verstappen’s Early Life and Education

Max Verstappen was born on September 30, 1997, in Hasselt, Belgium, and grew up in Maaseik. His parents, Jos Verstappen, a former Formula One driver, and Sophie Kumpen, a former kart racer, both had careers in motorsports. Max’s passion for racing started at an early age.

He began karting and had a successful career, setting records in 2013. He later moved to junior formulas, including FIA European Formula 3, and joined the Red Bull Junior Team. Max made his Formula 1 debut in 2015, at the age of 17.

Max didn’t focus heavily on formal education, as he was always immersed in motorsports. He was raised with a strong Dutch influence and decided to compete for the Netherlands in racing, despite being born in Belgium. Max is fluent in Dutch, English, and German, the latter he learned while karting with Michael Schumacher.

Max Verstappen Career Journey

Max Verstappen’s Formula 1 career is a remarkable journey of record-breaking achievements and consistent success, year by year. Here’s a detailed breakdown of his career progression:

2015:
- Max made his Formula 1 debut with Toro Rosso at the Australian Grand Prix at just 17 years old, becoming the youngest driver in F1 history.
- He finished his rookie season with impressive performances, earning points and showing promise for future success.
2016:
- Max was promoted to Red Bull Racing during the season, replacing Daniil Kvyat.
- In his first race with Red Bull, the Spanish Grand Prix, he won, becoming the youngest-ever F1 Grand Prix winner at 18 years old.
2017:
- Verstappen secured multiple podiums and race wins, including victory at the Malaysian Grand Prix.
- He finished 6th in the Driver’s Championship with a strong overall performance.
2018:
- Max continued his strong performance with a win at the Austrian Grand Prix and several podium finishes.
- He ended the season 4th in the standings and further solidified his place as one of F1’s top drivers.
2019:
- Verstappen secured multiple race wins, including victories in Austria and Germany.
- He finished 3rd in the Drivers’ Championship, marking his highest position at the time.
2020:
- Verstappen had a strong year despite the dominance of Mercedes, winning the 70th Anniversary Grand Prix and finishing 3rd in the overall standings.
- He proved his consistency by achieving multiple podium finishes.
2021:
- Max Verstappen had a breakthrough season, winning 10 Grands Prix and competing closely with Lewis Hamilton.
- He clinched his first World Championship title after a dramatic final race at the Abu Dhabi Grand Prix, becoming the first Dutch F1 World Champion.
2022:
- Verstappen dominated the season with 15 wins and a record-breaking campaign.
- He secured his second World Championship title with four races to spare, setting several new records along the way.
2023:
- Verstappen continued his dominance, winning 14 races and taking his third consecutive World Championship title.
- He broke multiple F1 records, including the most wins in a season (19).
2024:
- Max Verstappen continues to dominate the sport, maintaining his position as one of the top drivers for Red Bull Racing and setting new records.

Max Verstappen’s Family Background

Max Verstappen comes from a family deeply connected to motorsports. His father, Jos Verstappen, is a former Formula One driver from the Netherlands. His mother, Sophie Kumpen, is a Belgian who competed in karting at a high level.

Max has one full sibling, his younger sister Victoria, and three half-siblings from his father’s later marriages. His cousin, Anthony Kumpen, is a two-time NASCAR Whelen Euro Series champion. Growing up, Max was strongly influenced by his family’s passion for racing.

Max Verstappen’s Girlfriend

Max Verstappen has been in a relationship with Kelly Piquet since October 2020. Kelly is the daughter of Nelson Piquet, a three-time Formula One World Champion, and is a well-known Brazilian model and social media personality.

She is also involved in motorsport promotion and media. Kelly and Max often share glimpses of their relationship on social media, showcasing their travels and support for each other’s careers. Their relationship highlights a shared connection to the world of Formula One.

Max Verstappen’s Height

Max Verstappen stands at 5 feet 11 inches tall (180 cm). His height is ideal for a Formula One driver, as it helps balance comfort in the cockpit with maintaining aerodynamic efficiency. In motorsport, a driver’s physical attributes, including height, play a role in car design and weight distribution. Verstappen’s height, combined with his athletic build, allows him to excel in handling the high-speed demands of Formula One, contributing to his success as a top-level racing champion.

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