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Is Max Verstappen Leaving Red Bull? What Happened to Max Verstappen? Know More About Him

Get the latest news and insights from Red Bull Racing’s star driver. Find out the achievements and the contributions towards the races.

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Updated Apr 06, 2024

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Is Max Verstappen Leaving Red Bull? What Happened to Max Verstappen? Know More About Him

Is Max Verstappen leaving Red Bull?

Max Verstappen, the three-time F1 world champion, will remain at Red Bull next year, his Aston Martin rival Fernando Alonso said on Thursday, ending speculation that the Spaniard could drop out of this year's driver market.

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Verstappen is contracted to Red Bull through 2028, but the Dutchman’s future has been in doubt following a falling-out between father Jos and team boss Christian Horner.

Alonso said: "If Max leaves Red Bull maybe that has an impact but I think there's zero chance of that happening. At the press conference on Thursday, Verstappen said he was “very happy at Red Bull” and said he wasn’t thinking about his future moves.

Has Max Verstappen Breached his Red Bull Contract?

As one of the most valuable assets at Red Bull Racing and indeed F1 in general, it’s no surprise that the governing body has taken legal action to protect him throughout the season.

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Under his lucrative 43-million-pound-a-year contract, there’s a ‘dangerous sports’ clause in place to ensure he doesn’t take part in anything which could result in serious injury.

It’s believed that this clause applies to skiing, but it’s unclear whether or not he was on the piste between the Australian and Japanese Grand Prix.

Red Bull Racing

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Red Bull Racing is a Formula One motor racing team that competes under an Austrian license. Currently, the team competes under the name Oracle Red Bull Racing. It is also known as simply Red Bull or simply RBR. The team is based in the UK and is one of two F1 teams owned by the Red Bull Group (Red Bull GmbH). Christian Horner has been the manager of the Red Bull Racing team since its inception in 2005.

Max Verstappen

Max Emilian Verstappen was born on 30 September 1997 who is a Belgian professional racing driver. Currently, he drives for Red Bull Racing in the Formula One (F1) season, and is part of the Dutch team that is competing in the F1 Constructors’ Championship.

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Verstappen is the son of Jos and Sophie verstappen, who were also Formula One drivers. He has a long history of success in karting, both in the FIA European Formula 3 and the single seater category, and has broken many records during his career.

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Career

Verstappen made his Formula One debut in 2015 at the Australian Grand Prix at the age of 17, 166 days. He was the youngest ever Dutch driver to take part in a Grand Prix. After spending 2015 with Toro Rosso and 2016 with Italian team Scuderia Italia Rosso, he was promoted to Red Bull Racing for the 2016 season after four races, replacing Daniil. In 2016, he won his debut at Red Bull Racing in the Spanish Grand Prix aged 18.

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Verstappen won his first Formula One championship in 2021 and then went on to win the following two consecutive championships (2022 and 2023) before retiring in 2024. To date, he has won 56 Grands Prix, achieved 36 pole positions, 31 fastest laps, and holds several records in F1, including most wins per season, highest percentage wins per season, most consecutive wins, and most consecutive Dutch wins. Verstappen has signed a contract extension with Red Bull that will keep him with the team until at least the 2028 season.

Max Verstappen Networth

As of 2024, it is estimated that Verstappen has a net worth of approximately $210 million. One of the main reasons for his wealth is his salary, which is currently $60 million per year. He currently works for the F1 racing team Oracle Red Bull racing. In 2021, his salary was raised to $60 million following his F1 Championship victory.

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He is also said to earn around $4 million annually through endorsements. He also has investments in motorsport companies such as Team RedLine.

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