Max Verstappen has committed his future to Red Bull by signing a new five-year contract extension worth a staggering €241.41m, doubling his previous salary.
The deal, which could earn Verstappen as much as £40m-a-season, is arguably the most lucrative in Formula One history, and will see the world champion remain at Red Bull until the end of 2028.
Verstappen, 24, has been rewarded for beating Lewis Hamilton to the world title last year – and the salary increase matches Hamilton’s €96.56m two-year Mercedes deal which expires at the end of next year. .
“I really enjoy being part of the Red Bull Racing team, so choosing to stay to the 2028 season was an easy decision,” said Verstappen. “I love this team and last year was simply incredible. Our goal since we came together in 2016 was to win the championship and we have done that, so now it’s about keeping the number one on the car long-term.”
The Mercedes team principal, Toto Wolff, has long been an admirer of Verstappen, with his Red Bull counterpart Christian Horner claiming the Dutchma …
- March 4, 2022
