Max Verstappen has reportedly signed a new, multi-year contract that will make him one of the highest-paid drivers on the Formula 1 grid and keep him at Red Bull beyond 2023.
According to the Daily Mail and Dutch publication De Telegraaf, the deal is set to pay Verstappen approximately $53.3 million, putting him in the same conversation as seven-time world champion Lewis Hamilton.
Verstappen, 24, won his first world championship last season by outlasting Hamilton in a thrilling winner-take-all race at the Abu Dhabi Grand Prix. After coming out on top in the controversial duel, he said he wanted to stay with Red Bull for life.