Brad Binder Contract Deal With Red Bull KTM Until 2024 | Worth Of $1.5 Million

Brad Binder Contract Deal

Brad Binder

Base Salary: $500,000
Fee Per Race: $26,500
Sponsorship Bonus: N/A
Contract Term: 2024
Team: Red Bull KTM

Standing at 6th in 2021 MotoGP World Championship, Brad Binder Contract Deal with Red Bull KTM renewed with an increment in his base salary and fee per race.

Binder started his Grand Prix racing career with 125cc class riding in 2011. There he did not succeed and the very next year, he switched to Moto3 World Class Championship in 2012. After getting some early failure, he performed at his best in 2016 to made his way to his maiden Moto3 World Champion title.

He moved to Moto2 category in 2017. He showed great performances here by standing at 8th in 2017, 3rd in 2018, and 2nd in 2019. Based upon such incredible showcase, he was promoted to race in premier category in 2020. He also showed his classical racing skills and managed to win his first MotoGP race at the third round in Brno.

Brad Binder Base Salary & Contract Deal

YearBase SalaryFee/RaceSponsorship BonusContract Worth

The South African racer showed his top performance in 2021 MotoGP World Championship. He won 1 podium and positioned 6th. On these performances, his contract is renewed and there is an increment in base salary from $300k to $500k with no performance bonuses.

2022 MotoGP Calendar announced. If there is any update in his contract and salaries, it will be available on the site. $26,500 is his racing fee.

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