Max Verstappen signed a long-term deal with the Red Bull F1 team after winning his first title with the team in the 2021 season.
His multi-year deal extends until the end of the 2028 season. The Dutchman has been outperforming Lewis Hamilton for the past two seasons on the track.
Verstappen won his maiden title in 2021 after a fierce battle over the season with Hamilton. In 2022, the 25-year-old won 15 races and clinched the title by scoring a record-breaking number of points.
Aside from his exploits on the track, Verstappen has also overtaken the 7-time world champion in the financial race by raking up huge amounts in salary and bonuses.
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Max Verstappen earned $60 Million in 2022
After the 2022 season, Verstappen became the highest-paid driver of 2022 with a pretax total of $60 Million from his salary and bonuses, as per Forbes. He earns a salary of $40 Million and received an extra $20 Million as a bonus.
Meanwhile, Hamilton, who failed to secure even a single win in the 2022 season, only earned an estimated $55 Million. The Briton had been at the top of the list ever since 2013.
Having clinched 2 titles in a row, Verstappen wants to further his success in F1 heading into a brand new season of F1 in 2023.
Although there is a good chance that this time around there will be a three-way battle for the title between Red Bull, Mercedes and Ferrari.
But if Verstappen still comes out at the top in 2023 by winning the championship, he will yet again lead the list of highest earners in F1 with an income that will fall in the ballpark of $60 Million.
Max Verstappen is now the highest paid Formula 1 driver earning a salary of $40m and bonuses of $20m.
Lewis Hamilton earns a total of $55m per year, Fernando Alonso $30m and Sergio Perez $26m. Charles Leclerc earns $23m, Seb Vettel and Daniel Ricciardo both earned $17m #F1
— Fastest Pitstop (@FastestPitStop) November 23, 2022
How much does Fernando Alonso earn?
Following Hamilton and Verstappen in big paychecks is Fernando Alonso in the 3rd position. The Spaniard earned a salary of $30 Million for his deal with Alpine.
On the fourth stood, Verstappen’s teammate Sergio Perez with an income of $26 Million. Out of which, $10 Million was his salary and he received $16 Million in bonuses.
Ferrari’s Charles Leclerc placed himself fifth on the list of the highest earners with a total income of $23 Million. He finished P2 in the championship and was thus given a bonus of $11 Million in addition to his $12 Million salary.
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