In a remarkable year for Formula 1, Max Verstappen has cemented his position not only as a dominant force on the track but also as one of the wealthiest athletes globally. The 2024 season saw Verstappen earning close to £400 million, a staggering figure driven by a lucrative long-term contract with Red Bull, worth approximately £40 million per year.
This comes on the heels of his record-breaking performance, securing his third consecutive Formula 1 World Championship. His immense talent has attracted top-tier sponsorships and endorsement deals, further inflating his earnings. Verstappen’s off-track ventures also play a significant role in his financial success. He owns a £12 million private jet and boasts a car collection valued at over £5 million, featuring rare luxury vehicles from Aston Martin, Ferrari, and Mercedes.
His earnings place him alongside sports superstars like Lionel Messi and LeBron James, highlighting Formula 1’s growing financial appeal in the global sports market. Verstappen’s popularity continues to surge, and his personal brand is expanding rapidly, with a trademark on his famous celebratory phrase, securing additional streams of income.
As Verstappen dominates both the racing world and financial charts, the Dutch driver shows no signs of slowing down. His continued partnership with Red Bull and ongoing success point to a future where he may very well become the highest-paid driver in Formula 1 history, further solidifying his legacy as one of the sport’s greats.
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