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Verstappen Demands Red Bull Pay Raise, Rejected
11 Jul
Summary
- Max Verstappen requested a significant pay increase from Red Bull.
- Red Bull reportedly rejected the substantial salary demand.
- Driver's future with the team remains uncertain amid contract talks.
Negotiations between Max Verstappen and Red Bull concerning his contract beyond 2026 have reportedly hit a snag, with Verstappen's camp demanding a significant pay increase that the team has rejected. The driver, currently the highest-paid on the grid with a base salary of $65 million per year plus bonuses, is said to feel his market value has increased since signing his current deal in 2022.
This situation has fueled reports of a breakdown in the relationship between Verstappen and Red Bull. Despite having a contract through 2028, a release clause allows him to leave this year under certain conditions. Former F1 driver Ralf Schumacher has suggested the relationship is now untenable, citing Verstappen's lack of commitment at the Austrian GP as a point of contention.
Both Verstappen and Red Bull are reportedly exploring their options, with speculation linking the driver to McLaren. Retirement or a sabbatical from Formula 1 have also been mentioned as possibilities for Verstappen.
