Mercedes F1 Looks to Sign Max Verstappen: Annual Salary Package of 150 Million Euros Revealed

Mercedes F1 Looks to Sign Max Verstappen: Annual Salary Package of 150 Million Euros Revealed

2024-05-02 13:28:27

Mercedes F1 is seriously considering signing Max Verstappen and has reportedly prepared an annual salary package of almost 150 million euros (around 25.2 billion yen). Additionally, it is possible that he decides to acquire close confidant Helmut Marko, who is currently an advisor to Red Bull F1, and Adrian Newey, who has decided to leave Red Bull F1. It was reported this week that Max Verstappen’s team will meet senior Mercedes F1 executives following the Miami Grand Prix to discuss a possible move.

There is no doubt that Mercedes is seriously considering signing Verstappen, as Toto Wolff has made numerous comments in recent weeks regarding his desire to bring him into the team. According to OE24 and F1 Insider, Mercedes will offer three-time F1 driver champion Verstappen a contract worth 150 million euros per year, including bonuses. His annual salary will be around 75 million euros (around 12.6 billion yen) without bonuses, plus bonuses for victories and world titles, as well as various operations that Verstappen wishes to keep (GT3 team, sim racing team, etc. .), Mercedes and The advantages that an AMG subsidiary can offer go without saying. For comparison, Mercedes F1 spent between 60 million euros (around 10 billion yen) and 100 million euros (around 16.8 billion yen) per year on Lewis Hamilton, his bonuses and more recently his Mission fund 44. Verstappen’s contract with Red Bull runs until the end of the 2028 season, but it appears there is a break clause in his contract that would allow him to leave if his advisor Helmut Marko leaves the team. Verstappen is known to have a strong relationship with the 81-year-old Austrian. Therefore, if Mercedes F1 intends to lure Marko away from Red Bull early on, he might come as part of a package deal, which has been mooted. It is also reported that they are considering acquiring designer Adrian Newey, who was recently announced to be leaving Red Bull F1. If that happens, it would be a spectacular package for Verstappen. According to F1 Insider, Verstappen wants to join Mercedes, but to do so he needs the competitiveness of Red Bull and the availability of Red Bull engineers. As such, there is perhaps no more important hire than Newey, who presented plans for the car that won Verstappen his championship three years in a row. This multi-faceted and evolving situation is believed to have led to uncertainty in the ‘Verstappen camp’ over Red Bull’s ability to maintain its dominance over F1 until the next cycle of powertrain and chassis regulations begins. in 2026. There are also concerns. One argument once morest Mercedes F1 is that they believe it will take too long for Newey to set the course needed to get the team back on the winning path. He’s 65 and won’t stay in another job for 19 years like he did at Red Bull. Furthermore, he would not have a very high opinion of Toto Wolff. Mercedes is set to lose Hamilton to Ferrari at the end of this season, and this season has gotten off to a disastrous start due to correlation issues with the W15. However, Mercedes recently acquired Simone Resta and Enrico Sampo from Ferrari. Both were people that James Allison, who was technical director, trusted. Are you considering recruiting Helmut Marko and Adrian Newey in addition to Max Verstappen? For his part, Verstappen made no secret that his son was being courted, and made no mention of the end of his contract with Red Bull, which would normally end following the 2028 season. “I think everyone wants Max. For now, Max is doing very well He has a fast car We are also thinking regarding 2026. We are looking at everything and then we will see what comes next. But we are very calm and we will see what happens. happens.” Subsequently, Max’s father neither confirmed nor denied reports that Adrian Newey would move to Ferrari. (His departure had not yet been announced.) “Normally I wouldn’t say anything regarding it, but… what can I say? I don’t know anything. Basically, between him and Red Bull. We have a deal and we’ll see. I can’t say anything regarding it. We all know what he’s done and how good he is.” Mercedes F1 director Toto. – Wolff once once more stepped up to replace Lewis Hamilton in the trio. -time world champion. “It’s regarding what Verstappen thinks regarding the future, what he thinks regarding the future,” Wolff said. “We are in a very good position for 2026. We have ambitious goals in terms of powertrains, batteries and sustainable fuels. But you never know.” When asked if he was serious regarding promoting the F1 2026 project, Wolff smiled. “Honestly, I’m not very good at selling things. It’s all regarding the facts. Exaggerating something to attract someone or something is not the right way to do it,” Wolff said. “I think we have a development trajectory and we have ambitious goals that we think are necessary to deliver a high level of performance. “That’s true, but obviously if some of our competitors If someone develops a project that will lead him to “Moon, you never know. I’m not good at convincing, I just say what I think and what I believe to be reality.” I have some confidence in Mercedes’ capabilities and resources HPP (engine division). “We succeeded in 2014, there is no guarantee that we will succeed in 2026.” “We are making every effort and our goal is to have a very competitive power unit. “Obviously, 2014 was more of a journey into the unknown due to the situation. major regulatory changes, but the situation is to some extent similar.

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