Verstappen’s Frank F1 Salary Revelation Pales in Comparison to Hamilton’s

Max Verstappen, three-time world champion Formula 1 driver, was rather evasive when comparing his salary to that of Lewis Hamilton.

Although Hamilton has the most race victories, the most pole positions and the most world championships in F1 history, Verstappen is believed to be over the 39-year-old driver, especially after his latest contract.

Verstappen’s performance bonuses for his outstanding 2023 season put his earnings firmly above Hamilton’s, as he has dominated others in his field by breaking multiple records. Hamilton likely did not receive much above his base salary for not winning the 2021 Saudi Arabian Grand Prix.

The Dutch pilot achieved 19 race victories in 2023 and won the drivers’ and constructors’ championships with the Red Bull team.

Lewis Hamilton’s luxurious lifestyle off the track pales in comparison to Verstappen’s earnings. According to Forbes’ estimate, their earnings in 2023 amount to $70 million a year, including a base salary of $45 million and $25 million in performance-based bonuses.

However, Verstappen’s wealth is not limited to F1 alone. Despite losing longtime backer Jumbo Supermarkets, endorsements with brands like Electronic Arts (EA Sports), Heineken and Viaplay add up to $4 million a year, an amount claimed.

“Maybe, I’m not sure,” laughed Verstappen in an interview with The Times when asked how his salary compared to Hamilton’s.

While his earnings are expected to increase this season, Verstappen heads into the 2024 season hoping to maintain his dominance over Hamilton, team-mate Sergio Perez and other rivals in the F1 field.

Verstappen’s calm response when compared to Hamilton’s salary shows that the financial dynamics in Formula 1 are interesting. With a stellar 2023 season and lucrative endorsements, Verstappen’s estimated $70 million a year salary demonstrates his rising influence both on and off the track. Next season promises to be a gripping battle with Hamilton and other rivals.