“That’s like their daily sales”– Red Bull need to sell these many cans to match the salary of Max Verstappen

Tanish Chachra | 03/03/2022
"That's like their daily sales"– Red Bull need to sell these many cans to match the salary of Max Verstappen

Max Verstappen joins the bracket of highest-paid F1 drivers after his new contract with Red Bull, which keeps him with the team until 2028.

On Thursday, Red Bull announced that they had extended their contract with Max Verstappen till the end of the 2028 season. Though the Milton-Keynes-based team didn’t reveal the amount Verstappen will earn in that period, the deal is reported to be worth around £220million.

This contract makes the Dutchman among the highest-paid F1 drivers in the sport. Red Bull’s most of the business comes from it being a tycoon in the energy drink market.

A sports journalist by the name of Ben Hunt posted on Twitter how many Red Bull cans they would have to sell to match the salary of the Dutchman.

In his tweet, he claimed that the Austrian company would have to sell around 162,962,963 of 250ml of £1.35 a can to afford this deal. According to Bloomberg, Red Bull sold 7.5 billion cans in 2020. That means they sold their product at the rate of approximately one can for every person alive in this world.

So, it would be nothing more than a scratch to Dietrich Mateschitz’s wallet, even after keeping production cost in mind. Though, Red Bull would pay Verstappen from its F1 team’s earnings only, so can be sold or not is a problem anyway.

Also read: Max Verstappen on what he aims to achieve with Red Bull after penning bumper contract extension

Max Verstappen committed to Red Bull

Apart from having a lucrative deal, Verstappen is Red Bull, and Red Bull is Verstappen. The chances and faith gave to him at Red Bull, hardly any of his peers have received from the same foundation.

Though it was worth it, as Verstappen was worthy of that trust, and it paid off in 2021. So, it made sense for him to continue with the Milton-Keynes-based outfit.

Moreover, straight after winning the championship said in Abu Dhabi: “Can we do it for like 10-15 years more?” It was evident there that this partnership was here to stay.

Additionally, it has also been pointed out that Verstappen bagged a mega-deal before the agenda of salary caps of drivers escalates as a discussion.

Nevertheless, it’s fair to say that Verstappen will be a wealthy young man. All it’s worth, the Dutchman is already a contender for the 2022 title, along with his longtime rival Lewis Hamilton.

Also read: Max Verstappen explains how F1 and the team bosses used Michael Masi as a scapegoat before removing him from his role

Post Edited By: Tanish Chachra
Max Verstappen Red Bull

About the author

Tanish Chachra

Tanish Chachra is the Motorsport editor at The SportsRush. He saw his first race when F1 visited India in 2011, and since then, his romance with the sport has been seasonal until he took up this role in 2020. Reigniting F1's coverage on this site, Tanish has fallen in love with the sport all over again. He loves Kimi Raikkonen and sees a future world champion in Oscar Piastri. Away from us, he loves to snuggle inside his books.

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