What is Max Verstappen’s net worth? Let’s find out
Max Verstappen’s ascent in the world of Formula 1 has been nothing short of spectacular, sparking ongoing debates among fans about his potential standing among the sport’s greatest drivers. At just 25 years old, Verstappen has already secured two F1 World Championship titles in 2021 and 2022, showcasing his exceptional skill and determination on the track. His dominance in the ongoing 2023 season further solidifies his position as a force to be reckoned with in motorsport.
In the current 2023 World Championship, Verstappen’s performance has been nothing short of remarkable. With an impressive track record of winning seven out of nine Grand Prix races so far, his most recent victory at the 2023 Austrian Grand Prix on July 2 underscores his consistent excellence. His flawless track record includes podium finishes in all nine races, catapulting his team, Red Bull Racing, to a commanding lead in the Constructor’s Standings for the season.
Verstappen’s career trajectory began at an incredibly young age when, at 17 years and 166 days old, he entered Formula One as the youngest driver ever to compete in the sport during the Australian Grand Prix in 2015. He commenced his journey with Scuderia Toro Rosso and swiftly transitioned to its parent team, Red Bull Racing, in 2016, replacing Russian driver Daniil Kvyat.
His debut for Red Bull Racing at the 2016 Spanish Grand Prix marked an iconic moment, as Verstappen clinched victory, signaling his arrival on the grand stage of motorsport. At just 18 years old, he not only became the youngest winner in F1 history but also the first Dutch driver to achieve a Formula 1 Grand Prix victory.
Verstappen’s crowning achievement came in 2021 when he secured the F1 World Championship by winning the Abu Dhabi Grand Prix, etching his name as the first Dutch driver to claim this prestigious title. He continued his winning streak by securing a second consecutive championship title in the subsequent season.
Notably, Verstappen’s career milestones include remarkable feats such as achieving his first hat-trick (pole position, Grand Prix win, and fastest lap in the same race) at the 2021 French Grand Prix and securing his first grand slam (pole position, Grand Prix win, fastest lap, and leading in every lap of the race) at the Austrian Grand Prix in the same year. His consistency in delivering exceptional performances has led to a total of three grand slams in his career so far, further cementing his place among F1’s elite.
Max Verstappen’s net worth in 2023!
Max Verstappen, as a two-time Formula 1 World Champion, has garnered substantial wealth through his contract with Red Bull Racing, positioning him among the wealthiest motorsport athletes globally. As of 2023, his estimated net worth stands at an impressive USD 210 million, primarily fueled by his lucrative association with the Red Bull Racing team.
Verstappen’s current annual salary, as reported by Forbes, amounts to a staggering USD 60 million from his contract with Red Bull Racing. This new agreement surpasses the previous record held by Lewis Hamilton in 2021, making Verstappen the highest-paid Formula 1 driver in history. His commitment to Red Bull Racing extends until the 2028 season, securing his financial future in the sport.
In the realm of sports earnings, Verstappen ranks third among Forbes’ list of the world’s highest-paid athletes aged 25 and under for 2023, trailing behind French footballer Kylian Mbappe and NFL player Kyler Murray.
The Dutch racing sensation’s financial prowess extends beyond his racing career. Verstappen boasts an impressive portfolio of assets, which include five real estate properties, an assortment of eleven cars, and three luxury yachts. Moreover, his investment portfolio comprises 12 stocks valued at over USD 25 million, as highlighted by Forbes.
In terms of real estate, Verstappen recently acquired an opulent 11,000-square-foot villa in Monaco valued at USD 40 million. This luxurious property boasts lavish amenities such as multiple bedrooms, an indoor pool, a gaming room, a wine cellar, a home theatre, and other high-end facilities.
Verstappen’s love for high-end transportation is evident in his ownership of private jets. He acquired a Dassault Falcon 900EX from British billionaire Richard Branson in 2020, estimated at USD 15.3 million, and reportedly spends approximately USD 2 million annually on its maintenance. Additionally, he recently purchased a brand new Bombardier Challenger 3500 for over USD 40 million, investing an extra USD 5 million in interior renovations for this state-of-the-art aircraft equipped with advanced features like voice-controlled cabin systems, 4K display TVs, and high-tech audio systems.
His collection of cars showcases his passion for automotive excellence, featuring vehicles like the Porsche 911 GT3 RS, Ferrari Monza SP2, Mercedes-Benz C63 S AMG, Audi R8, Jaguar F-type, Lamborghini Aventador, and a Bugatti Chiron, among others. Notably, Verstappen’s affinity for Aston Martin reflects in his ownership of four cars from the brand, including the highly prized Valkyrie hypercar.
Aside from his racing endeavors, Verstappen is a sought-after figure in motorsports, endorsing various renowned brands. Some of the notable brands he endorses include Red Bull Racing, Aston Martin, and others within the automotive and sports industries. His status as a two-time Formula 1 world champion adds significant weight to his endorsements, solidifying his influence in the world of motorsport and beyond.