What is Max Verstappen’s Net Worth?
|Net Worth:||$60 Million|
|Age:||24 Years Old|
|Born:||30 September 1997|
|Salary (Annual):||$50 Million (Approx)|
Max Verstappen is a Belgian Formula One racing driver who has a net worth of $60 million. Verstappen was the youngest driver to compete in the Australian Grand Prix aged 17 years and was promoted to the parent team Red bull Racing in 2016. Being the former Formula One driver Jos Verstappen, he has won multiple championships.
Verstappen won the 2016 Spanish Grand Prix and became the first-ever youngest Dutch driver to do so. On winning the 2021 Abu Dhabi Grand Prix, Verstappen became the first Dutch to win the F1 World Championship and the 34th F1 World Driver’s Champion.
Verstappen won his first Grand Slam in the Australian Grand Prix and has won a total of 26 times, and 15 pole positions as of the 2022 Canadian Grand Prix. He is likely to remain with Red Bull until the end of 2028 after signing a contract extension.
Max Emilian Verstappen was born in Hasselt, Belgium on September 30, 1997, to Jos Verstappen and Sophie Kumpen. He has a younger sister, Victoria as well. His parents separated when they were young and lived with his father mostly. He also has three-half siblings from his father’s second marriage and third marriage.
His family has been associated with the motorsports category for a long time as his father was also a Formula One driver. His journey began when he rode quad bikes around the family garden. His father bought him a go-kart at the age of 4 and won his first competition when he was 7 against competitors who were aged 11 and above.
He won competitions in Belgium and Netherlands and was considered a champion. Jos Verstappen retired from racing to exclusively focus on his son. He went on to compete in the Mini Junior Championship in Belgium. He graduated from the Rotax Max Minimax class and won the Belgian Championship and won the Dutch Minimax championship in 2007.
In 2009, Verstappen won the Flemish Minimax Championship after joining the Team Pex Racing, as well as the Belgian KF5 Championship.
Verstappen advanced to international karting in 2010 and was initially signed by CRG to race at the World and European championships. In 2011, he won the WSK Euro Series and won the WSK Master Series in the KF2 class the following year. He also won the South Garda Winter Cup in the KF2 class. At the age of 15, he won 2 European titles, a World title in 2013, and also the 2013 World KZ championship.
His first racing car experience was in 2013 at the Pembrey Circuit and drove 160 laps in a Barazi-Epsilon FR2.0 -10 Formula Renault Car. In 2014 he made his debut at the Florida Winter Series and won at the Palm Beach International Raceway.
He subsequently won his second race of the series at the Homestead-Miami Speedway and also debuted in the European Formula 3 Championship for Van Amersfoort Racing. He held six consecutive wins in the series at the age of 16 and four other victories apart from the series. He competed in Formula One way before his 18th birthday and moved to Monaco once turning 18 and has lived there ever since.
Formula One Career
At the age of 17, Verstappen was the youngest participant in Formula One race weekend by entering the championship even before attaining a license. In his Grand Prix debut, Verstappen was forced to retire due to an engine failure. In the following race, however, he made a record as the youngest driver to score World Championship points and qualified sixth placing seventh. He received three titles that year, ‘Rookie of the Year,’ ‘Action of the Year,’ and ‘Personality of the Year,’
Verstappen replaced Daniil Kvyat from the Spanish Grand Prix in 2016 and was taken in by Red Bull Racing. In his first eight races with Red Bull, he finished top-five six times which included four podiums. Verstappen became the youngest driver to win the Formula One Grand Prix at the age of 18 beating Sebastian Vettel.
But the following year, 2017, Verstappen had to suffer from seven retirements due to engine issues and three due to first lap collisions in Spain, Singapore, and Austria. He however won his second title in Formula One race at the Malaysian Grand Prix, beating the three-time champion Lewis Hamilton.
Verstappen had a very shaky start to his 2018 season and crashed in a race held in Bahrain and continued to have incidents throughout various races held in different countries. The following year Verstappen won the championship finishing third place in the race and claiming three wins, nine podium finishes, three fastest laps, and two pole positions.
Verstappen signed a contract extension with Red Bull till 2023. He once again finished the 2020 season as well in third place, claiming two race victories, one pole position, eleven podium finishes, and three fastest laps. In the 2021 United States Grand Prix, Verstappen finished second with the fastest lap. He signed an extension deal with Red Bull Racing once again and has extended his contract by five more years till 2028.
|Net Worth||$60 Million|
|Date Of Birth||30 September 1997|
|Income||$50 Million (Annual)|
Max Verstappen is currently in a relationship with Kelly Piquet since 2020 and is the daughter of the Brazilian racing driver, Nelson Piquet. She has a daughter from a previous relationship with the F1 racing driver Daniil Kvyat.
Verstappen actively enjoys sim racing as well. He has taken part in many sim racing competitions and is also a member of the multinational sim racing team, Team Redline. He supports his favorite football teams, FC Barcelona and PSV Eindhoven.
Assets and Cars
Verstappen owns a private jet worth $40 million, a Bombardier Challenger 3500, and spent an additional $5 million renovating the same. The private jet has low operating costs and comes with advanced features. He also owns cars such as Bugatti Chiron worth $3 million, a Lamborghini Aventador worth $1 million, a Mercedes Benz AMG, and Jaguar F-Type, among others. Verstappen owns a house in Monaco worth $13.4 million which is an 11,000-square-foot abode and is super luxurious.
As of 2023, Max Verstappen’s net worth is estimated to be $60 million. His annual income is reported to be more than $50 million. Max is one of the richest racers in the world and a world champion Formula One racer who held multiple championship titles throughout the years of his racing.