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Last Updated on September 12, 2024 05:31 AM

F1 Driver Max Verstappen's Net Worth in 2024

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F1 Driver Max Verstappen's Net Worth in 2024

Celebrity at a Glance

Name Max Verstappen
Net Worth $210 Million
Birth Date 30 September 1997
Birth Place Hasselt, Belgium
Gender Male
Height 5 feet 11 inches
Profession Race car driver
Nationality Belgium, Dutch

In F1 racing, only Max Emilian Verstappen mattered. Verstappen is a three-time F1 World Champion, winning in 2021, 2022, and 2023. He is an outstanding example of skill and achievement in his industry.  

His racing heritage is extensive; his parents are kart racer Sophie-Marie Kumpen and Formula One driver Jos Verstappen. His father was the first Dutchman to stand on the Formula One podium. 

Max Verstappen's Net Worth in 2024

Max Verstappen is now one of F1's highest-paid drivers, performing admirably on the track. His wealth has increased significantly in recent years. 

CelebrityNetWorth.com estimates that the Red Bull driver is worth between $90 million and $210 million (as of December 2023), while CAKnowledge agrees. 

Verstappen's wealth is likely to expand at a rapid pace because he is reported to be the highest-paid Formula One driver and does not have to pay federal income tax because he lives in Monaco. 

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Max Verstappen's F1 Salary and Career Earnings 

Max Verstappen is the highest-paid driver in motorsport, both in terms of income and lifetime earnings. This is a detailed explanation: 

Verstappen was the highest-paid F1 driver that year, with a salary and bonuses totalling almost $70 million. 

Between May 2022 and May 2023, he earned an astonishing $64 million, ranking third on Forbes' list of the highest-paid players under 26. 

Verstappen is expected to earn $55 million annually in 2023, more than double that of significant drivers such as Lewis Hamilton ($35 million) and Charles Leclerc ($24 million). According to Forbes, he and two other players under 25 have the third-highest earnings in the world. 

Verstappen's extraordinary financial success in F1 was partly due to his track performance and ease of sale. He was among the wealthiest young athletes due to his academic and personal success. 

Max Verstappen's brand endorsements 

Max Verstappen, the renowned F1 champion, has amassed an enormous fortune and widespread renown due to his numerous lucrative sponsorships and endorsement deals. Consider the following information gleaned from various search results: 

Current Sponsors and Endorsements

EA Sports: Verstappen continues his partnership with this video game company by proudly displaying their logo on his racing helmet. 

G-Star RAW: Verstappen was named brand ambassador for G-Star RAW, a Dutch designer apparel company in 2019. 

Viaplay: Becoming an ambassador for Viaplay, a streaming service that allows certain countries to watch Formula One races live. 

Heineken: Verstappen's official role as brand ambassador includes promoting responsible drinking and supporting the "Player 0.0" initiative. 

Red Bull: Verstappen has been a long-time partner of Red Bull, appearing in promotional campaigns and endorsing the energy drink. 

CarNext.com: Since 2019, Verstappen has promoted CarNext.com, an online marketplace for used cars. 

Max Verstappen's Car Collection

Max Verstappen is the proud owner of an outstanding collection of high-performance automobiles, including: 

Aston Martin Valkyrie: Verstappen is the proud owner of this $3 million hypercar, resulting from a collaboration between Red Bull and Aston Martin. The Valkyrie's 6.5L naturally aspirated V12 hybrid engine allows it to exceed 220 mph. 

 

Mercedes-Benz C63 S AMG: Verstappen drives a Mercedes-Benz C63 S AMG, a premium car famed for its powerful engine and luxurious interior.

Ferrari Monza SP2: Ferrari Verstappen owns the limited-edition Ferrari Monza SP2, which is an homage to Ferrari's racing legacy.  

Porsche 911 GT3 RS: Verstappen's collection now includes the mighty Porsche 911 GT3 RS, famed for its engine and handling perfection. 

Ferrari 488 Pista: The Ferrari 488 Pista's powerful engine and sleek design put it in high demand, and it can be seen in Verstappen's garage.

Aston Martin DB11: Verstappen kept his high-end grand tourer, an Aston Martin DB11 known for its beautiful appearance and strong engine. 

Renault R.S. 01: Verstappen's collection includes the Renault R.S. 01, which has a powerful engine and a sleek design. 

Aston Martin DBS Superleggera and Aston Martin Vantage: Verstappen's collection includes these highly regarded Aston Martin sports vehicles, known for their luxurious interiors, powerful engines, and stylish designs. 

Honda NSX Type X: Verstappen received the Honda NSX Type X as a prize for winning the 2022 World Championship. 

Verstappen owns a diversified collection of high-performance sports cars, luxury grand tourers, and hypercars worth an estimated $6.4 million. 

Max Verstappen's Private Jet 

Max Verstappen owns the private aeroplane registered as PH-DTF, a Dassault Falcon 900EX. The red MV33 emblem may be seen on this 2008-built aircraft. Sir Richard Branson's Virgin Group was the buyer. 

This luxury plane is worth over $15 million and contains first-class amenities such as a bar, flat mattresses and dining tables that accommodate four people. 

The Falcon 900EX can travel up to 8,340 km at a maximum speed of Mach 0.84, allowing Verstappen to fly to races and other events worldwide. 

The aircraft's annual operational expenses are approximately $2 million, depending on 500 flying hours. 

Max Verstappen’s House 

Despite his success, Max Verstappen chose to rent out his magnificent £13.4 million mansion in Monaco, indicating that he will not stay in this tax haven shortly. When entering Verstappen's flat, one is greeted by a sleek and contemporary lounge, a living room brimming with modern furnishings, and a bedroom wonderfully decorated with current pieces, such as padded headboards featuring geometric designs. 

What does the World Champion do with his millions of dollars? 

Formula One driver Max Emilian Verstappen spends millions on extravagant holidays. Monaco residences are incredibly pricey, and he rents a penthouse for $16 million annually. His remarkable automotive collection, which includes Ferraris and Aston Martins, is valued at over $6.4 million. 

He also has a private plane, the Falcon 900EX, worth approximately $15 million and costs more than a million dollars to maintain yearly. 

Personal Information 

Max Emilian Verstappen was born September 30, 1997, in Hasselt, Belgium. He is the son of Jos and Sophie Kumpen. Verstappen's parents broke up when he was a child, and he moved home with his father. Victoria, his younger sister, was primarily cared for by their mother. 

Max Emilian Verstappen, a Belgian-Dutch racing car driver, captured the Formula One World Championship in 2021, 2022, and 2023. He is from the Netherlands and now drives for Red Bull Racing in Formula One. 

Name

Max Emilian Verstappen

Date of birth

30 September 1997

Place of birth

Hasselt, Belgium

Max Verstappen Height

5 feet 11 inches

Max Verstappen Salary

$55 Million

Father

Jos Verstappen

Mother

Sophie Kumpen

Max Verstappen Wins

58

Max Verstappen Car number    

33 1

Championships

3 (2021, 2022, 2023)

Max Verstappen team

Red Bull Racing-Honda RBPT

Nationality

Belgium, Dutch

 

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