How much is Max Verstappen worth? Max Verstappen salary 2023

Find out what Max Verstappen's net worth is and how much he will earn in the 2023 Formula 1 season

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Max Verstappen has dominated the 2023 Formula 1 season, but is that superiority over the rest of the grid reflected by his bank balance?

The youngest-ever driver in F1, Verstappen‘s prowess on the track was undeniable from the second he made his debut for Toro Rosso, and he’s now won two world championships.

He looks set to add a third driver’s title to that collection in 2023 having taken 10 race wins from the first 12 races of the season with his Red Bull teammate Sergio Perez the only other driver to taste victory in the first half of the campaign.

His 2023 salary and overall net worth reflects his skills, dedication, and marketability in the world of motorsports. And this is just the start – as he continues to push boundaries on the track, there’s no doubt that his finances off it will follow suit.

How much will Max Verstappen earn in 2023?

Sergio Perez and Max Verstappen of Red Bull ahead of 2023 Hungarian Grand Prix | Getty Images / Red Bull Content Pool

In 2023, Verstappen is set to earn the highest salary in F1 at a staggering salary $55 million.

This places him at the top of the list, surpassing many more experienced drivers including Lewis Hamilton – the previous highest earner – and Fernando Alonso.

When compared to Perez, his Red Bull teammate, Verstappen‘s earnings are significantly higher, reflecting his status as the team’s primary driver and his recent successes on the track.

And this salary doesn’t even account for bonuses, which could be substantial based on his potentially record-breaking tally of race wins in 2023 and the drivers’ championship that he looks destined to win.

As is, the $55-million figure is still enough to land him well up the list of highest-earning sports stars.

It breaks down to over a million dollars per week, and over two million per race. In footballing terms, it lands Verstappen just ahead of Lionel Messi‘s earnings at Inter Miami. It also places him ahead of the highest-paid Dutch footballer, Barcelona‘s Frenkie de Jong.

How much is Max Verstappen worth?

Hungarian GP 2023 winner Max Verstappen of Red Bull | Getty Images / Red Bull Content Pool

Verstappen’s net worth is estimated to be over $200 million, making him one of the wealthiest drivers in Formula 1. This net worth is a combination of his F1 salaries over the years, endorsement deals, and personal investments.

Brands like TAG Heuer, Jumbo, and Ziggo have all partnered with Verstappen, adding a significant amount to his earnings.

Additionally, Verstappen has made some savvy investments in real estate, owning luxury properties in Monaco and other prime locations. His car collection is another testament to his wealth, boasting high-end models from brands like Aston Martin and Porsche.

He reportedly spent $400,000 on a Porsche 911 GT3 RS as a congratulations present to himself after winning his first-ever grand prix, in Spain on his Red Bull debut in 2016.

And though Red Bull are no longer partnered with Aston Martin, indeed they’re now rivals on track, Verstappen also has a collection of cars as a result of that partnership.

He’s believed to own an Aston Martin DB11, Vantage and DBS Superleggera plus a rare Valkyrie, which had design input from Red Bull‘s own Adrian Newey.

F1 Driver Salaries 2023

DriverSalaryContractTeam
1Max Verstappen$55m2028Red Bull
2Lewis Hamilton$35m2023Mercedes
3Charles Leclerc$24m2024Ferrari
4Lando Norris$20m2025McLaren
5Carlos Sainz$12m2024Ferrari
6Sergio Perez$10m2024Red Bull
7Valtteri Bottas$10m2025Alfa Romeo
8George Russell$8m2023Mercedes
9Esteban Ocon$6m2024+Alpine
10Fernando Alonso$5m2024+Aston Martin
11Pierre Gasly$5m2024+Alpine
12Kevin Magnussen$5m2023Haas
13Alex Albon$3m2024+Williams
14Lance Stroll$2mOpenAston Martin
15Nico Hulkenberg$2m2024Haas
16Zhou Guanyu$2m2023Alfa Romeo
17Oscar Piastri$2m2024+McLaren
18Yuki Tsunoda$1m2023+AlphaTauri
19Logan Sargeant$1m2023+Williams
20Daniel RicciardoN/a2023AlphaTauri
Adam Dickinson
Adam Dickinson
An international multi-award-winning journalist, Adam Dickinson has written for Total-Motorsport.com since June 2022 and also contributes to TNT Sports, Eurosport and the Rugby Paper. He's also had articles published in the Daily Telegraph and several local newspapers, and previously worked for Last-Lap.co.uk and FeederSeries.net in motorsport and graduated with a First-Class Journalism Degree from the University of Sheffield having also studied in Oklahoma. Adam started watching F1 by accident in 2007, catching the last race in Indianapolis, and attended his first race as a journalist at the 2023 British Grand Prix.
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