Max Verstappen, a Belgian-Dutch racing driver, has become one of the biggest names in Formula 1. Born on September 30, 1997, he is now 27 years old and has built an empire both on and off the track. With a net worth of around $220 million as of 2025, Verstappen’s journey is a story of speed, skill, and smart investments.
A Record-Breaking Start
Max’s rise in Formula 1 was nothing short of incredible. He made his debut at just 17 years old, becoming the youngest driver in F1 history. His talent was clear from the start, and it didn’t take long for him to grab the world’s attention. By his mid-20s, Verstappen had already won multiple world titles, proving his dominance on the track. His aggressive driving style and fearless overtakes have made him a fan favorite.
The Big Bucks: Max’s Salary and Earnings
Verstappen’s skill on the track has been matched by his earnings off it. In 2020, he signed a three-year contract extension with Red Bull Racing. This deal secured him a massive pay rise, making him one of the highest-paid drivers in Formula 1. His current salary stands at a staggering $55 million per year. In 2023, his total earnings from Red Bull were around $67 million. This amount included a $43 million base salary and $24 million in performance-based bonuses.
In addition to his salary, Verstappen earns big from endorsements. He has partnered with brands like Heineken, EA Sports, Oracle, and Viaplay. These deals brought him nearly $5 million in 2024 alone. All combined, his total earnings in 2023 reached about $80 million.
Living in Monaco, Verstappen benefits from the tax-friendly laws of the country. This allows him to keep a large chunk of his earnings, making his net worth grow even faster.
Endorsements: A Star Beyond the Track
Max’s popularity isn’t just because of his speed. His endorsements show how powerful his brand has become. As the face of Red Bull Racing, he plays a key role in the brand’s global marketing strategy. His partnership with EA Sports has also made him a known figure in virtual motorsports, helping to grow his fan base among gamers.
Brands love working with Verstappen not just for his success but also for his passionate fanbase, known as the “Orange Army”. This fanbase is loyal and massive, often turning F1 tracks into seas of orange during races.
Investments: Building a Financial Empire
Verstappen’s smart investments have played a big role in his growing net worth. He co-founded Verstappen.com Racing X Red Bull, an initiative aimed at supporting young motorsport talents. This program helps nurture drivers from karting to professional racing.
He is also deeply involved in esports. Verstappen has invested in Team RedLine, one of the top sim racing teams. His love for sim racing is well-known, and he often streams his races on Twitch. These streams attract thousands of viewers, adding another stream of income.
Merchandise sales have also contributed to his wealth. From caps to jackets, anything with the Verstappen name sells fast. His fans are eager to support him both on and off the track.
A Luxurious Lifestyle
Like many F1 stars, Verstappen enjoys a lavish lifestyle. He lives in a luxurious penthouse in Monaco worth 13 million pounds. The apartment offers stunning views of the Mediterranean and is equipped with all the comforts one could imagine.
His car collection is impressive too. It includes an Audi R8, Bugatti Chiron, Ferrari Monza SP2, and multiple Aston Martin models. Each of these cars is a reflection of his love for speed and luxury.
In 2020, Verstappen took his love for luxury to a whole new level by buying a Falcon-900EX private jet for $16 million. Maintaining this jet costs him about 1 million pounds per year. However, for Verstappen, this is a small price to pay for the convenience and style it offers.
Giving Back: Max’s Charity Work
Despite his wealth, Verstappen hasn’t forgotten the importance of giving back. He has been involved in various charitable activities. From auctioning race memorabilia to organizing sim racing fundraisers, he has used his fame to support good causes.
In the past, he has raised money for disaster relief efforts and other charitable organizations. This side of Verstappen shows that he isn’t just focused on winning races and making money—he also wants to make a positive impact on the world.
