Max Verstappen's New Contract Value Is 4.2 T, Higher Than The Price Of The Playboy Magazine Owner's Mansion

Max Verstappen (Instagram @maxverstappen1)

JAKARTA – Formula 1 driver Max Verstappen has just signed a new contract with Red Bull. The nominal received by the Belgian-Dutch racer in the deal was very tempting.

Verstappen was offered a new contract by his team after his success in winning the title last season. This is the first title for Red Bull since Sebastian Vettel last came out as champion in 2013.

This success made the team offer a contract value that was not kidding. The 24-year-old is tied with a deal which is double his current salary.

“I really enjoy being a part of the Oracle Red Bull Racing Team. So choosing to stay until the 2028 season was an easy decision. I love this team and last year was amazing, our goal since we came together in 2016 was to win the championship and we have done that," Verstappen said of his new contract recently, as reported by the Daily Star.

Verstappen already has a contract for the upcoming season worth 18 million pounds (Rp343 billion) per year. However, in the latest deal he is entitled to receive 37 million pounds, equivalent to Rp703 billion.

In total, Verstappen will receive a salary of IDR 4.9 trillion in seven years. This figure is the largest in the history of the land jet race.

The amount is very large and even much higher than the price of the mansion (big house) owned by former Playboy founder Hugh Hefner. The mansion, which is near Beverly Hills in Los Angeles, was sold in 2016 or a year before Hefner died.

The mansion was originally priced at £149 million, but that was down by half by the time it was sold, People reported.

Verstappen's contract actually only expired at the end of the 2023 season. However, the contract extension meant that he had to stay at Red Bull at least until 2028.

Verstappen came out as champion last season beating Lewis Hamilton. The victory had left controversy because Verstappen was considered to have violated the rules by passing the Safety Car that came in after the accident

The F1 2022 calendar will be the largest in the history of jet racing as it will host 23 Grand Prix starting on March 20 in Bahrain and ending exactly eight months later on November 20 in Abu Dhabi, United Arab Emirates.