• Loading stock data...
Wednesday, December 24, 2025

Max Verstappen Ties Lewis Hamilton with Record $53M Contract

  • The 24-year-old Formula One champion agreed to a multiyear deal with Red Bull Racing.
  • Verstappen has 20 career Formula One victories, including 10 in 2021.
Jerome Miron-USA TODAY Sports/Design: John Regula

In December, Max Verstappen squeaked by legend Lewis Hamilton in the final race of the season for his first Formula One World Drivers’ Championship.

On Wednesday, the 24-year-old joined Hamilton at the top of the highest-paid F1 drivers list, agreeing to a multiyear deal with Red Bull Racing for a reported $53.3 million a year. 

With seven-time champ Hamilton in the final stages of a storied career at age 37, Verstappen’s meteoric rise positions him as the future face of Formula One.

  • At 17 years, 166 days, he became the youngest driver to compete in an F1 race (2015 Australian Grand Prix).
  • At 18, he won the 2016 Spanish Grand Prix to become the youngest F1 Grand Prix winner.
  • Verstappen’s 10 wins in 2021 snapped Hamilton’s streak of seven straight years with the most F1 victories.
  • He has a reported net worth of $60 million.

His stunning victory at the Abu Dhabi Grand Prix — in which he passed Hamilton on the last lap to win by 2.256 seconds — also made him the first Dutch F1 World Drivers’ Champion.

Verstappen will begin defending his title when the 2022 season kicks off March 20 at the Bahrain Grand Prix. 

But for at least one more season, Hamilton (+145*) remains the favorite for the championship over the young superstar (+285*).

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jordan’s 23XI, Front Row Settle Antitrust Fight With NASCAR

The surprise deal includes the establishment of “evergreen” team charters.
Nov 21, 2025; Las Vegas, NV, USA; McLaren driver Lando Norris (4) Red Bull Racing driver Max Verstappen (1) and Mercedes driver George Russell (63) pose for a photo with race engineer Gianpiero Lambiase following the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Breaks Ratings Record, Widespread Changes Coming in 2026

ESPN held F1’s U.S. broadcasting rights for eight years.
Verstappen

F1 Las Vegas Grand Prix Breaks Viewership Record In Year 3

The previous two races started at 1 a.m. ET. 

Penalties in Vegas Reignite F1 Title Fight—and ESPN’s Final Stretch

There are two races and a sprint race remaining in the calendar.

Featured Today

Rob Manfred
exclusive

MLB Teams Fear League Will Pick Winners and Losers in Tech

One company under consideration was founded by a top MLB exec’s uncle.
December 23, 2025

What It Takes to Pull Off Florida’s First Outdoor NHL Game

The Rangers will face the Panthers in Miami’s first NHL Winter Classic.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Dec 9, 2025; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) dribbles against Toronto Raptors guard Jamal Shead (23) during the first half at the 2025-26 NBA Emirates Cup at Scotiabank Arena
December 13, 2025

The Lucrative NBA Cup Is Here to Stay

The in-season tournament, launched in 2023, is turning into a staple.
Aug 22, 2025; Detroit, Michigan, USA; Brooks Koepka of Smash GC address the media after the quarterfinals of the LIV Golf Michigan Team Championship at The Cardinal at Saint John's Resort.

Brooks Koepka Leaving LIV Golf After Four Years

The golfer’s future on the PGA Tour or elsewhere is unclear.
December 22, 2025

DK Metcalf Suspended Two Games For Swinging at Fan

Metcalf plans to appeal.
December 23, 2025

NWSL Moves Forward With Star Rule After Players Rejected Plan

Players wanted to raise the salary cap instead.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
December 19, 2025

Naomi Osaka Leaving Agency She Co-Founded Three Years Ago

Osaka co-founded Evolve with Stuard Duguid. 
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
Dec 18, 2025; Seattle, Washington, USA; Los Angeles Rams wide receiver Puka Nacua (12) makes a catch against Seattle Seahawks cornerback Josh Jobe (29) in overtime at Lumen Field.
December 19, 2025

Puka Nacua Goes After NFL Refs Again After Apologizing For Antisemitic Dance

The receiver follows a career night with more self-inflicted controversy.
Dec 7, 2025; Glendale, Arizona, USA; Los Angeles Rams wide receiver Puka Nacua (12) reacts after scoring a touchdown against the Arizona Cardinals at State Farm Stadium.
December 18, 2025

Puka Nacua ‘Deeply’ Apologizes for ‘Covetous Jew’ Dance

The Rams star appeared on a livestream with Adin Ross and N3on earlier this week.