Published 19:49 IST, January 7th 2020

Max Verstappen net worth, new contract with Red Bull and F1 career so far

Max Verstappen is one of the most successful drivers to ever start a Formula One race. Scroll on to find out his net worth, salary, endorsements and more.

Reported by: Danish Ansari
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Max Verstappen, who drives for Red Bull Racing is  youngest driver to ever start a Formula One race and had been considered a future star in sport ever since he began his racing career. He became youngest driver to compete in Formula 1 when he competed at 2015 Australian Grand Prix at young of 17 and holds eight or "firsts" in Formula One racing.

Also Read | Lewis Hamilton Mocks Max Verstappen, Says Every Driver Chases Mercedes Seat Like 'a Dog'

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Max Verstappen net worth and salary

According to Wolf of Wealth, Max Verstappen has a net worth that stands at an estimated $25 million, as of mid-2019. However, re are sources which claim his current worth is as high as $50 million. This could be especially true given his sponsorships and last contract with Red Bull that was worth £10m a yearHe was also named fourth-highest earner in Formula 1 after contract.  Dutchman has signed a three-season contract extension with Milton Keynes-based squad on January 7, 2020.

Also Read | F1: Watch Young Charles Leclerc And Max Verstappen Battle In Kart Race

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Max Verstappen endorsements

Max Verstappen's endorsement deals also form a major part of his wealth. 22-year-old also leads an army of fans who proudly call mselves 'Orange Army' and are present at most of European races to support racing star. His popularity makes him one of most marketable drivers on grid which has drawn attention of many major brands. Jumbo Supermarkets, Ziggo, Exact, Red Bull, G-Star, Raw, and TAG Heuer are some of his most table sponsors. And while it is certain that endorsement deals majorly extend his earnings, it is t clear how much he is worth through se deals.

Also Read | Lewis Hamilton, Max Verstappen-inspired Gifts Dominate Secret Santa 2019 Among F1 Drivers

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Max Verstappen extends contract with Red Bull through 2023 F1 season

Max Verstappen has signed a three-year extension contract with Red Bull as he was set to enter final year of his existing contract this year. contract will keep him with team until at least end of 2023 Formula 1 season. He has been associated with Red Bull senior team since 2016, where he also won his first race with team at Spanish Grand Prix followed by a furr seven race victories. 

Also Read | Max Verstappen Wins Brazil Grand Prix As Both Ferraris Crash Out; Primed For 3rd

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19:49 IST, January 7th 2020