Max Verstappen

Red Bull Racing, Driver
Age: 28y-5m-11d (Sep 30, 1997)
Country: NL

2024-2028 Extension (CURRENT)

Max Verstappen signed a 5 year, $275,000,000 contract with the , including $1 signing bonus, and an average annual salary of $55,000,000. In 2026, Verstappen will earn a base salary of $70,000,000, while carrying a cap hit of $70,000,000.
Contract Terms:
5 yr(s) / $275,000,000
Average Salary:
$55,000,000
Signing Bonus:
$1
Free Agent:
2029 / UFA
Year Age Status Cap HitAnnual Cash Annual Cash Cumulative
2024 26 $55,000,000 $55,000,000 $55,000,000
2025 27 $65,000,000 $65,000,000 $120,000,000
2026 28 $70,000,000 $70,000,000 $190,000,000
2027 29
Estimate
 $70,000,000 $65,000,000 $255,000,000
2028 30
Estimate
 $70,000,000 $65,000,000 $320,000,000
2029 31
UFA
Year Age Status Base Salary Cap Hit
2024 26 $55,000,000 $55,000,000
2025 27 $65,000,000 $65,000,000
2026 28 $70,000,000 $70,000,000
2027 29
Estimate
 $70,000,000 $70,000,000
2028 30
Estimate
 $70,000,000 $70,000,000
2029 31
UFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining
2024 26 $55,000,000 $55,000,000 $55,000,000 -
2025 27 $65,000,000 $65,000,000 $120,000,000 -
2026 28 $70,000,000 $70,000,000 $190,000,000 -
2027 29
Estimate
 $70,000,000 $65,000,000 $255,000,000 -
2028 30
Estimate
 $70,000,000 $65,000,000 $320,000,000 -
Contract Notes
Source: FORMULA 1 contract specifics generally collected from verified reports.

2021-2023 Extension

Contract Terms:
3 yr(s)
Signing Bonus:
$1
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2019-2020

Contract Terms:
2 yr(s) / $26,000,000
Average Salary:
$13,000,000
Signing Bonus:
N/A
Free Agent:
2021 / UFA
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2016-2018

Contract Terms:
3 yr(s) / $13,650,000
Average Salary:
$4,550,000
Signing Bonus:
N/A
Free Agent:
2019 / UFA
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2015-2016

Contract Terms:
2 yr(s)
Signing Bonus:
N/A
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Seasons

Years

Career Earnings thru 2026

$310,427,500

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2015 17
Active
$277,500
$277,500
2016 18
Active
$650,000
$927,500
2017 19
Active
$3,000,000
$3,927,500
2018 20
Active
$10,000,000
$13,927,500
2019 21
Active
$13,500,000
$27,427,500
2020 22
Active
$26,000,000
$53,427,500
2021 23
Active
$42,000,000
$95,427,500
 Champion
2022 24
Active
$25,000,000
$120,427,500
2023 25
Active
$70,000,000
$190,427,500
2024 26
Active
$55,000,000
$245,427,500
2025 27
Active
$65,000,000
$310,427,500
Total      
$310,427,500
$310,427,500
2026 28
Active
$70,000,000
2027 29
Active / estimate
$65,000,000
2028 30
Active / estimate
$65,000,000
Total
$510,427,500

Earnings Per Team

Years Team Base Incentives Cash Cumulative
1 $277,500 - $277,500
10 $268,150,000 $42,000,000 $310,150,000
Year Team(s) Age Base Incentives Cash Total Cash Cumulative
2015
17
$277,500
$277,500
$277,500
2016
18
$650,000
$650,000
$927,500
2017
19
$3,000,000
$3,000,000
$3,927,500
2018
20
$10,000,000
$10,000,000
$13,927,500
2019
21
$13,500,000
$13,500,000
$27,427,500
2020
22
$26,000,000
$26,000,000
$53,427,500
2021
23
$25,000,000
$17,000,000
$42,000,000
$95,427,500
2022
24
$25,000,000
$25,000,000
$120,427,500
2023
25
$45,000,000
$25,000,000
$70,000,000
$190,427,500
2024
26
$55,000,000
$55,000,000
$245,427,500
2025
27
$65,000,000
$65,000,000
$310,427,500
Total
$268,427,500
$42,000,000
$310,427,500
$310,427,500
2026
28
$70,000,000
$70,000,000
2027
29
$70,000,000
$65,000,000
2028
30
$70,000,000
$65,000,000
Total
$478,427,500
$42,000,000
$510,427,500

Earnings Per Team

Years Team Base Incentives Cash Cumulative
1 $277,500 - $277,500
10 $268,150,000 $42,000,000 $310,150,000
  • Mar 03, 2022 Signed a 5 year contract extension with Red Bull Racing (RB)
  • Nov 13, 2021 Fined €50,000/$57,200 for examining Hamilton's rear wing in Parc Ferme after qualifying
  • Jan 07, 2020 Signed a 3 year contract extension with Red Bull (RB)
  • May 05, 2016 Moved from Torro Rosso (TR) to Red Bull (RB)
  • May 05, 2016 Signed a contract with Red Bull (RB)

Fines

Date Reason Fine Amount
Nov 13, 2021 for examining Hamilton's rear wing in Parc Ferme after qualifying $57,200
Fines: 1 $57,200
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