Max Verstappen Signs Record-breaking $53 Million-a-year deal until 2028 Season

Max Verstappen has signed massive 7 year deal to remain at Red Bull. The new deal will keep him with the team till 2028 season and his yearly salary comes on par with Lewis Hamilton at $53 million a year.

Below are his contact details with Red Bull & how much he will earn from additional bonuses.

Max Verstappen-$53 million a year

Age23 Years
F1 TeamRed Bull Racing-Honda
Current Contract2022-2028
Yearly Salary$53 million
Yearly Sponsorship Earnings & Bonuses$6 million (Projected)
Year to Date Bonus$5 million for every F1 title during the contract.

  1. New Contract With Red Bull: Verstappen signed 7-year deal with Red Bull after winning the 2021 F1 title and it will keep him with the team till 2028 season. His yearly salary became whooping $53 million a year on par with rival Lewis Hamilton.
  2. Previous Contract with Red Bull Racing-Honda
    Max Verstappen signed a 3 year contract extenshion with Red Bulls. Current contract deals is worth $25 million a year. In adition he will secure $5 million aswell finshing 3rd or 2nd
  3. Max Verstappen Short F1 career History:
    The F1 racer rise into fame in 2015 by becoming the youngest F1 racer. Despite his young age, He won the 2016 spanish Grand Prix in his first race with red bulls. Last season he finshed at third spot with 214 points. This year, hs is having a 8 points lead over Lewis Hamilton.
  4. Sponsership & Additional Bonuses deal:
    Max Verstappen earned $17 million additonal bonuses. At the age of 23, he’s an assest for Red Bull and edoresment companies.

Formula 1, star racer will be the second-highest earner after Lewis hamilton. Max Verstappen deal worth $53 million a year. However F1 racers have an additional clause that will earn him a good amount.

FAQs Regarding Max Verstappen Salary

Q. How much is Max Verstappen earning from Red Bulls?

A. His current contract value is $53 million per year.

Q. Did Max Verstappen ever win Formula 1?

A. Yes, he won his first F1 title in 2021.

Q. How much is Lewis Hamilton’s contract worth?

A. Lewis Hamilton has the highest F1 contract and salary. His contract is worth $49 million.

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