Max Verstappen Net Worth

Max Verstappen Net Worth 2024
Max Verstappen at the F1 Grand Prix of Australia


Max Verstappen has a net worth of approximately $210 million, as of January 2024.


Max Verstappen, the 3-time world champion of Formula 1, has already made himself a prominent figure in the sport. He has won the Formula 1 World Championship thrice in 2021, 2022 and 2023. Verstappen secured his third F1 championship after finishing second in the sprint race of the Qatar Grand Prix. A generational talent with a natural flair for racing, Verstappen is already a dominant force on the track. He began his career breaking records and continues to establish himself as one of the greats.


Moving from Scuderia Toro Rosso to Red Bull Racing in the 2016 mid-season, Verstappen had his eyes set on winning the title with Red Bull. With his achievements in the sport and successful ventures off the field, Verstappen is one of the wealthiest drivers on the grid.


NameMax Verstappen
Net Worth$210 million
Age26 years
ResidenceMonaco
PositionFormula 1 Racing driver
Marital StatusUnmarried
Source of WealthSalary, Endorsements and Investments
Salary$60 Million
EndorsementsTAG Heuer, Puma, Jumbo Supermarkets, Ziggo, Red Bull, G-Star Raw, and CarNext.com
Endorsement Earnings$4 Million


Max Verstappen Net Worth
Max Verstappen after Qualifying


What is Max Verstappen's Net Worth as of 2024?

Max Verstappen has a net worth of approximately $210 million, as of January 2024. He is able to amass such great wealth, thanks to his $60 million per season salary with Oracle Red Bull Racing. He saw this huge bump in his salary after his first F1 Championship win in 2021. It is also estimated that he earns $4 million through endorsements. Verstappen has also invested in motorsport ventures like Team RedLine.


Max Verstappen Salary

Max Verstappen is reported to have a salary of $60 million with Red Bull Racing. He also has the highest salary on the Formula 1 grid. He is 22nd on the list of the most-paid athletes in the world according to Forbes. Though Verstappen has a higher salary than Lewis Hamilton, the Brit earns more in endorsements and is 21st on the list.


Max Vertappen’s salary can be broken down into 2 components: $40 million in base salary and $20 million in bonuses. Before the new contract Verstappen signed in 2021, he was estimated to be earning a base salary of $25 million. This figure is exclusive of his season bonuses.


Max Verstappen Endorsements

Max Verstappen, a three-time world champion, is one of the most marketable figures in the sport currently. His fan following and domination on the field make him a suitable candidate for many brands. This has led him to endorse and partner with a diverse range of brands. Some of these brands are Heineken, Puma, Jumbo Supermarkets, Tag Heuer, Red Bull, G-Star Raw, and CarNext.com.


He has also actively participated in advertising campaigns for these brands, including Heineken, Carnext.com, Honda, and Ziggi. Verstappen's marketability and presence in the motorsports world make him a valuable asset for brand partnerships and promotions.


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 hefty 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 Net Worth 2024
Max Verstappen. Source: Getty Images



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

Verstappen was driving the fast Formula 1 cars long before he turned 18. Hence, his affinity for fast cars is not surprising. A few cars in his collection are:

  • Renault R.S.01
  • Aston Martin DBS Superleggera
  • Aston Martin DB11
  • Aston Martin Valkyrie
  • Ferrari Monza SP2
  • Porsche 911 GT3 RS
  • Aston Martin Vantage


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.



FAQs

Q. What is Max Verstappen’s net worth?

A.Max Verstappen is estimated to have a net worth of $210 million, as of January 2024.

Q. Who is richer between Lewis Hamilton and Max Verstappen?

A. Lewis Hamilton, the seven time World Champion, is richer than Max Verstappen.

Q. Does Max Verstappen own a jet?

A. Max Verstappen owns a private jet he bought in 2022. It is a 15-year-old Dassault Falcon-900EX.

Q. Which Formula 1 driver has the highest net worth?

A. Lewis Hamilton has the highest net worth on the grid in Formula 1, estimated to be around $285 million.

Q. Has Max Verstappen won the 2023 World Championship?

A. Yes, Max Verstappen secured his third world championship after securing second place in the sprint race of the Qatar Grand Prix. 

Q. How many times Max Verstappen become world champion?

A. Max Verstappen has won 3 Formula 1 world championships. 

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