Max Verstappen denied £13m payout by Red Bull as Dutchman sees title bonus slashed

Max Verstappen’s bonus for winning the Drivers’ Championship title has been slashed (Image: GETTY)

will receive a smaller bonus from than he did last year despite winning the Drivers’ Championship title with two races to spare.The Dutchman secured the honours for a fourth successive season at the Las Vegas Grand Prix by finishing ahead of . It saw him pull 62 points ahead of his rival in the standings, with only 60 on offer before the chequered flag in Abu Dhabi.Despite retaining his title with a degree of comfort, Verstappen will not be paid as much as he was last season due to his smaller win percentage, according to .

The 27-year-old won 19 races last year but has only managed to claim eight victories this time around, with the emergence of and as regular contenders preventing from winning as much as they would like.

The Dutchman wrapped up his fourth straight title at the Las Vegas Grand Prix

The Dutchman wrapped up his fourth straight title at the Las Vegas Grand Prix (Image: GETTY)

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It is said that Verstappen will be paid £4.1million as a reward for securing the title, as well as £10m for his eight Grand Prix wins at a rate of £1.25m per victory. As a result, he will receive around £13m less than he was paid in bonuses at the end of last season.Meanwhile, all employees will see their bonuses slashed if they finish third in the Constructors’ Championship standings. This would be largely down to , who has struggled to keep up with Verstappen over the course of the campaign.The latter will be hoping to earn himself a bigger bonus next season, having underlined his desire to win a fifth straight title immediately after claiming his fourth in Las Vegas last weekend.

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“I’m hungry,” said Verstappen. “Of course, I’m going to enjoy this, but there are still two more races that I want to do well at the same time. And then, of course, we take a little break and then we try and go at it again next year.”, meanwhile, believes Verstappen is up there with the likes of Michael Schumacher and as one of the greatest drivers of all time.”He has an insane amount of natural talent and ability,” said the team principal. “He has more hunger than I’ve ever seen in any driver.”The dedication, the application, the self-belief, that combination has created one of the most phenomenal drivers that I’ve ever seen. To be standing here with Max on four in a row and joining a very elite group of champions, it puts him amongst the all-time greats.”

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