Max Verstappen Profile Photo

Max Verstappen

Verified
Age

28

Nationality
Netherlands Flag Dutch

Contract

Contract Start 2024
Contract End 2028
Duration 5 years
Base Salary
$65 million
W/Bonus
$76.5 million

Earnings Trend

Last 7 years
Red Bull logo

2024-28 Contract (Red Bull)

He signed another financially improved 5-year (2024/28) contract with Red Bull which took his base salary to $65 million a-year plus performance related bonuses upto $11.5 million a-year. That makes it around $76.5 million per year making him the highest paid driver in 2026.

Active Contract

Signed 2024
Base Salary $65m
Bonus $11.5m
Total $76.5m
Team Red Bull Red Bull
Red Bull logo

2020 Contract Extension

Verstappen signed 3-year (2021/23) contract extension with Red Bull with massive salary increase of $25 million a-year. Making him the second highest paid F1 driver in the world. Verstappen earned a total of $42 million in 2021 en-route to his first F1 title which included $25 million base salary and $17 million performance related bonuses.

Red Bull logo

Red Bull (Early Years)

Max Verstappen signed his very first professional contract with Red Bull at the age of only 17 becoming the youngest F1 driver in history. His initial salary at Red Bull was only $277,000 per season. However by 2017 it had already increased to $3 million a-year.

Earnings Per Year

Year Base Team
2025 $65m Red Bull verified
2024 $55m Red Bull verified
2023 $45m Red Bull verified
2022 $25m Red Bull
2021 $25m Red Bull verified
2020 $25m Red Bull verified
2019 $13.5m Red Bull
2018 $10m Red Bull
2017 $3m Red Bull verified
2016 $650k Red Bull verified

Who Earns More?

Compare player salaries, contracts, and total earnings

Max Verstappen

MAX VERSTAPPEN

Red Bull

$65m
Lewis Hamilton

LEWIS HAMILTON

Ferrari

$50m

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