The Formula 1 season’s compensation for Max Verstappen has been made public, and it includes an incredible bonus
payment of $25 million (£20 million). This year, the driver has won the World Championship three times in a row,
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and the bonuses he is receiving exceed what some drivers would make in two years.
Verstappen has raced for Red Bull and had yet another fantastic season. The 26-year-old won his third World
Championship of his career at the end of the year, finishing with 19 victories and 21 podium finishes overall.
The Dutch driver is not only the greatest driver of the year because of his accomplishments on the tarmac, but he
also receives higher compensation than the rest of the field. Verstappen was well ahead of the pack when Forbes
released its yearly list of the highest-paid Formula 1 drivers after the season.
The article claims that Verstappen makes a total pay of $70 million (£55 million), which is made up of a base wage of
$45, (£36 million) and bonuses of $25, (£20 million).
Given that Verstappen had a stellar season and broke multiple records, it is not surprising that he has reached his
bonus quota. His 19 victories this season have surpassed his previous best of 15 from the previous campaign, and his
290-point lead in the standings is not comparable to Sebastian Vettel’s 155-point advantage from 2013.
Lewis Hamilton, a Mercedes driver, is a close second with a tidy $55 million (£43 million) at the end of the year.
Despite earning £7 million more than his competitors, Hamilton did not get any incentive payments during a season
in which he finished third with six podium places but no victories.
Veteran driver Fernando Alonso of Aston Martin completes the top three. The Spaniard earned $34 million (£27
million) for his efforts, which included a $10 million (£7 million) bonus on top of his $24 million (£19 million) base
wage. He also had eight podium finishes.
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