Max Verstappen’s net worth: Is he the highest-paid F1 driver?

Max Verstappen’s net worth: Is he the highest-paid F1 driver?

Max Emilian Verstappen is a Belgian and Dutch racing driver who competes in Formula 1 for Red Bull Racing. He is known for his aggressive driving style and has broken numerous sports records, becoming the youngest to compete in Formula 1 at only 17 years old. Discover Max Verstappen’s net worth and how he has accumulated the wealth.

Max Verstappen wearing his white Red Bull Racing suit (L). The Formula 1 driver celebrating a victory (R)
Max Verstappen in a white Red Bull Racing suit (L). The Formula 1 driver celebrating a victory, wearing a dark blue Red Bull Racing suit (R). Photo: @maxverstappen1 on Instagram (modified by author)
Source: UGC

TABLE OF CONTENTS

Max Verstappen’s net worth has grown significantly in the sports industry over the past decade, thanks to his numerous accomplishments in Formula 1. The iconic driver won his first Grand Prix at the 2016 Spanish Grand Prix, becoming the youngest winner at 18 years and 228 days. Max has received 3 World titles, accumulated 2851.5 World Championship points, 61 victories, and earned 39 pole positions.

Profile summary

Full nameMax Emilian Verstappen
NicknameMad Max
GenderMale
Date of birth 30 September 1997
Age26 years old (as of July 2024)
Zodiac signLibra
Place of birthHasselt, Belgium
Current residenceMonaco
NationalityDutch
EthnicityWhite
SexualityStraight
Height in inches5’11”
Height in centimetres180
Weight in pounds158
Weight in kilograms72
Hair colourBrown
Eye colourBlue
FatherJos Verstappen
MotherSophie Kumpen
Siblings1
Relationship statusDating
GirlfriendKelly Piquet
ProfessionFormula 1 Driver
Net worth$210 million
Instagram @maxverstappen1
Facebook@MaxVerstappen
X (Twitter)@Max33Verstappen

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What is Max Verstappen’s net worth in 2024?

According to PlanetF1, RacingNews365, and GPFans, the Formula 1 Driver has an alleged net worth of $210 million. His primary sources of income include his F1 salary, bonuses, endorsements, and sponsorships from companies like Electronic Arts (EA Sports), Ziggo, Heineken, Viaplay and Tag Heuer.

What is Max Verstappen’s salary?

As of 2024, Max’s alleged annual salary/winnings is $76 million, per Forbes. The F1 driver’s endorsements add $5 million annually to his income, making his earnings in 2024 sum up to $81 million. This ranks him among the world’s highest-paid athletes.

Max Verstappen's estimated earnings in 2023 were $70 million per year, which includes a base salary of $45 million and performance-related bonuses of $25 million. This made him the highest-paid F1 driver and ranked 22nd among the world's highest-paid athletes in 2023.

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Max Verstappen’s cars

As a Formula 1 driver, Verstappen has a considerable private collection of automobiles. Below are some of the luxurious cars in his collection.

  • 2014 Renault R.S. 01
  • 2016 Aston Martin DB11
  • 2016 Porsche 911 GT3 RS
  • 2017 Mercedes-Benz C63 S AMG
  • 2018 Aston Martin Vantage
  • 2018 Aston MARTIN DBS Superleggera
  • 2018 Ferrari 488 Pista
  • 2019 Ferrari Monza SP2
  • 2022 Aston Martin Valkyrie

Max Verstappen’s private jet

Max Verstappen has invested a significant portion of his wealth in a luxurious private jet valued at approximately £12 million (around $16 million). In 2020, he purchased this aircraft from the English businessman Richard Branson. The Falcon-900EX jet also includes a bar and comes with a hefty maintenance cost of about £1 million per year, reflecting its high standard of luxury and convenience.

What is Max Verstappen’s age?

As of August 2024, the Formula 1 driver is 26 years old. He was born on September 30, 1997, and his zodiac sign is Libra.

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Career

Max Verstappen's career in Formula 1 was influenced by his father, Jos Verstappen, a former F1 driver. His journey into car racing began at a young age. His professional F1 career started with Scuderia Toro Rosso in 2015, where he made history by competing at just 17 years old.

Facts about Max Verstappen
Top-5 facts about Max Verstappen. Photo: @maxverstappen1 on Instagram (modified by author)
Source: Original

In 2016, Max transitioned to Red Bull Racing, where he continued to break records. With a remarkable and poised drive during his debut race for Red Bull in Barcelona, he became the youngest race winner in F1 history at 18 years old.

Max's most notable achievement came in 2021 when he won the Formula One World Championship with Red Bull Racing. The championship was secured during the final lap of the 2021 Abu Dhabi Grand Prix, where he overtook Lewis Hamilton, solidifying his status as one of the sport's top drivers.

During a 2023 interview with Formula1, the iconic driver expressed his overwhelming emotions after winning his third consecutive driver's world championship, saying:

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I can’t stop crying! It’s been since 2021, every day getting up, trying to fight, to train, to put my mind to the task and work as hard as I can with this amazing team. It’s so tough, I think, for anyone. I think the important thing is just how you continue to get up, and you’ve got to continue to dig deep even when you feel like you’re at the bottom of the barrel.

He added:

There’s definitely been days between 2021 and here where I didn’t feel like I was good enough, or whether I was going to get back to where I am today, but the important thing is I had great people around me, continuing to support me… A big, big thank you to everybody back at the factory, everyone here, I love you guys.

What is Max Verstappen’s height?

The F1 driver is 5 feet 11 inches (180 centimetres) tall and weighs approximately 158 pounds (72 kilograms).

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FAQs

  1. Who is Max Verstappen? Max is a prominent Dutch racing driver who competes in Formula 1 for Red Bull Racing.
  2. What is Max Verstappen’s age? The Formula 1 driver is 26 years old as of August 2024. He was born on 30 September 1997.
  3. What is Max Verstappen’s net worth? His alleged net worth is $210 million.
  4. Who is the current richest F1 driver? As of 2024, Michael Schumacher is allegedly the richest F1 driver.
  5. What is Max Verstappen’s height? He is 5 feet 11 inches (180 centimetres) tall.
  6. How old is Max Verstappen? He is 26 years old as of August 2024.
  7. Does Max Verstappen have a private jet? Max Verstappen owns a Falcon-900EX private jet.

Max Verstappen’s net worth has grown significantly due to his success in Formula 1, lucrative endorsements, and strategic investments in various fields. As a result, he owns several luxurious cars and a Falcon-900EX jet.

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Rupert Grint was just eleven years old when he landed the role of Ron Weasley in the Harry Potter film series, which he played in all eight films from 2001 to 2011. What is Rupert Grint's net worth in 2024? Find out more in the article.

Source: Legit.ng

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Brian Oroo (Lifestyle writer) Brian Oroo has been working as a writer in Legit.ng since 2021. His main area of specialization is on topics regarding lifestyle, celebrities, news, and many more. He won the Writer of the Year Award on Legit in 2023. Brian graduated with a Bsc. in Electrical and Electronics Engineering from Jomo Kenyatta University (JKUAT) in 2021. In 2023, Brian finished the AFP course on Digital Investigation Techniques. His email is brianoroo533@gmail.com