Max Verstappen won his third race of the 2022 championship at the Miami Grand Prix on Sunday. The Dutchman is currently among the favorites to win this year’s F1 championship. The 24-year-old won his first Formula One Championship in 2021. The young Dutch driver has been sensational for Red Bull since his arrival in 2016. Verstappen was 17 years and 166 days old when he became the youngest racer in F1 at the Australian Grand Prix in 2015. The Dutchman kicked off his F1 career with Scuderia Toro Rosso in 2014. He started the 2016 season with the Italian Team before Red Bull called Max to replace Daniil Kvyat after the first four races.
Further, Max won his first race on his Red Bull debut at the Spanish Grand Prix. After his win in Spain, Verstappen became the youngest driver and the first Dutchman to win a Grand Prix. Currently, the Red Bull driver has a $55 million contract with the racing team, which has been extended until the end of 2028. In the last eight years, the 24-year-old has won 23 races with fourteen pole positions. The Dutchman also won his first Grand Slam at the Australian Grand Prix in 2021. He went on to win the world champion in Abu Dhabi and secured F1’s 34th drivers’ championship. So, how much does Verstappen earn, and what is his net worth? Keep reading ahead to find out!
Max Verstappen: Personal Life
Max Emilian Verstappen was born on September 30, 1997. He was born to former F1 driver Jos Verstappen and Sophie Kumpen in Hasselt, Belgium. The Dutchman also has a younger sister named Victoria. Verstappen’s parents divorced when he was a kid. He grew up with his father and chose to compete with a Dutch racing license despite being born in Belgium.
Max has raced more than one season in Formula One even before turning 18. He moved to Monaco in October 2015, a day after his 18th birthday. And has lived there ever since. Max also participates in sim racing to prepare himself when not involved in F1 races. In addition, Verstappen is in a relationship with former f1 driver Nelson Piquet’s daughter Kelly, who is a model and a columnist.
Assets And Investments
As per Forbes, Max Verstappen has five lavish real estate properties, eleven cars, and three luxury yachts. In November 2020, he also purchased a Dassault Falcon 900EX aircraft from Virgin Galactic. Moreover, the Dutch racing driver has $50 million in cash reserves. Verstappen has an investment portfolio of $25 million with stock investments in IBM, Amazon, Apple, Visa, Netflix, and 3M.
Further, Max recently bought a $3 million Bugatti Chiron. The Red Bul driver also owns a Lamborghini Aventador, priced at $1 million. Other luxury cars which Max owns are Audi R8, Jaguar F-type, McLaren 720S, and Mercedes-Benz AMG. The total worth of Verstappen’s assets is $120 million.
Brand Endorsement & Sponsor Deals
Verstappen is one of the most popular personalities in the F1 circuit currently. The F1 racer reportedly earns $23 million per season in brand endorsements and sponsorship deals. Moreover, the Dutchman appears in advertisements for Jumbo Supermarkets. He is also involved with brands like Tag Heuer, Exact, and Ziggo.
Max Verstappen’s Salary & Networth
Undoubtedly, Max Verstappen has a great career ahead of him. He is fairly young, and Red Bull considers the Dutch racer a crucial asset. The racing team pays Max $55 million per year and has signed him until the end of 2028. Verstappen has loans and liabilities worth $12 million. Thus, Max Verstappen’s estimated net worth is $ 200 million currently. The figure is expected to double in a couple of years if the Dutchman keeps winning for Red Bull.