Max Verstappen’s journey to Formula 1 started at a young age and climbed through the ranks quickly to become one of the sport’s finest drivers. Verstappen’s strong driving skills and a run of wins have established his status as one of the sport’s toughest competitors, but they have also added greatly to his wealth through sponsorships and earnings as well.
The Dutchman’s journey to Formula 1 began at a very young age in karting with the support and guidance of his father, Jos Verstappen. At just 17 years old, Verstappen made his Formula 1 debut with Scuderia Toro Rosso, becoming the youngest driver to compete in the sport’s history, from the youngest driver on the grid to one of the wealthiest drivers.
According to Forbes estimates, Verstappen is the wealthiest driver on the grid for the past 2 years. The Dutchman receives a yearly salary from Red Bull of over $43 million, Verstappen, also received $110 million after the 2023 season.
Verstappen’s current Sponsors and Endorsements include EA Sports, G-Star, RAW Viaplay, Heineken, Red Bull, and CarNext.com through which he receives approximately $4 million to his income. Among the most successful Formula 1 drivers of all time, the Dutchman has established his place in the sport with his earnings and huge endorsement deals.
ALSO READ: Is Sebastian Vettel Returning to Formula 1?
Verstappen’s career is certainly going to grow in the years to come as he performs at the top of his game. Despite this, Verstappen is not the wealthiest Formula One driver in history.
Who is the richest Formula 1 driver in history?
Forbes named Micheal Schumacher, the highest-paid athlete in the year 1999-2000, making him the wealthiest driver in the history of Formula 1. Schumacher was also predicted to be the first billionaire athlete. Even being the highest-paid driver in the race, he was well-known for donating his money to charitable causes.
Though his racing career is behind him, Schumacher has left behind a legacy of unmatched success, determination, and great inspiration for all the drivers.
ALSO READ: Factors That Went Wrong for Lewis Hamilton at F1 Japanese Grand Prix
Fiza is a writer at The Sports Orbit, focusing on F1 coverage. She is currently pursuing her master’s in broadcasting journalism and has a profound love for motorsports. She finds F1 to be the most engaging among others due to its adrenaline rush. She got interested in the sport after watching an F1 race with her brother and uncle, and she’s been hooked ever since. Her favorite team is Mercedes and she is a fan of Lewis Hamilton. Besides her dedication to F1, she enjoys activities like reading, practicing her calligraphy skills, and experimenting with cooking.
