Max Verstappen commits future to Red Bull signing £200m deal
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Formula 1 world champion Max Verstappen has landed fourth on a list of the highest-earning athletes under the age of 25 by Sportico. The sports business website ranked the Dutchman at No. 4 behind Paris Saint-Germain striker Kylian Mbappe, tennis star Naomi Osaka and NFL quarterback Josh Allen.
Verstappen inked a bumper new five-year deal to stay with Red Bull through the 2028 season, although final numbers are disputed. The Guardian had previously reported the world champion was worth £40 million annually whereas Sportico pin it at just £31.4m.
As a result of the Dutchman’s contract, he now sits alongside Lewis Hamilton as the best-paid driver in F1. The seven-time world champion recently dropped out of the acclaimed Forbes list of the top 10 highest-earning sportspeople in the world after coming in at eighth in 2021.
Verstappen’s total income is estimated by Sportico at £19m less than Buffalo Bills star Allen in the list of the world’s top earning athletes under the age of 25, while he earned £5m less than Mbappe and £8m less than Osaka. Jake Paul, who switched YouTube for boxing, comes in at sixth on the list after earning £29.6m when accounting for salary and endorsements.
Verstappen is not the only F1 driver aged below 25 who is impressing on the track and getting paid handsomely for it, as McLaren’s Lando Norris earns an estimated £20m per year while Ferrari’s Charles Leclerc – who is leading the Drivers’ Championship in 2022 – is paid £9.8m. Elsewhere, Lance Stroll of Aston Martin earns £8.1m.
Mercedes’ George Russell and Alpine’s Esteban Ocon each earn £4.1m for their efforts, while Haas’ Mick Schumacher and Alfa Romeo rookie Guanyu Zhou take in £816,000 per season. AlphaTauri’s Yuki Tsunoda is the lowest-paid driver on the grid with a salary of £615,000.
The Sportico Top 10 Highest-Paid Sportspeople Under-25:
10. Jayson Tatum (NBA) – £20.4 salary + £4m endorsements = £24.4m total
9. Donovan Mitchell (NBA) – £20.6m salary + £5.6m endorsements = £26.2m total
8. Trevor Lawrence (NFL) – £20m salary + £6.5m endorsements = £26.5m total
7. Devin Booker (NBA) – £23m salary + £5.6m endorsements = £20.8m total
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6. Jake Paul (Boxing) – £24m salary + £5.6m endorsements = £29.6m total
5. Marshon Lattimore (NFL) – £33m salary + £80,000 endorsements = £33.8m total
4. Max Verstappen (F1) – £31.4m salary + £3.2m endorsements = £34.6m total
3. Kylian Mbappe (Football) – £25.6m salary + £13.7m endorsements = £39.3m total
2. Naomi Osaka (Tennis) – £97,000 salary + £42m endorsements = £42.1m total
1. Josh Allen (NFL) – £50.3m salary + £3.2m endorsements = £53.5m total
The 22-race F1 2022 campaign – which is expected to return to a record 23 races in the near future once a Russian Grand Prix replacement is found – continues with the Spanish Grand Prix in Barcelona on May 22.
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