Mercedes F1's 150M Euro Bid to Secure Verstappen

Mercedes F1 Offers Verstappen a Staggering €150M Deal

30/04/2024

Mercedes F1 is said to have presented a comprehensive package worth nearly 150 million euros per year to secure the services of Max Verstappen.

As we reported on Friday evening, the Verstappen camp will meet with top Mercedes F1 executives after Miami to discuss a potential transfer, and the latest information suggests that a real red carpet is being rolled out for the Dutch driver.

Mercedes F1 Offers Verstappen a Staggering €150M Deal

The salary would be around 75 million euros without bonuses, with additional winnings for victories and the world title, as well as various operations that Verstappen would like to keep (GT3 team, sim racing team,…) not to mention the benefits provided by Mercedes and its subsidiary AMG.

For comparison, at most, Mercedes F1 used to spend between 60 and 100 million euros per year on Lewis Hamilton, his bonuses, and, more recently, his Mission 44 foundation.

Jos Verstappen no longer hid yesterday that his son is being courted and he no longer even mentioned the end of the Red Bull contract normally scheduled for the end of the 2028 season.

“I think everyone really wants Max. Max is performing very well at the moment. He has a fast car, but yes, we also have to look further. We are also looking towards 2026. We’re going to look at everything, see what comes. But we are staying very calm and will see what happens.”

And Max’s father also commented on the reports that Adrian Newey might be leaving for Ferrari. Without confirming or denying…

“Normally, I’m not supposed to say anything about this… What can I say? I don’t know. Basically, there is an agreement between him and Red Bull and the rest, we will see. I can’t say anything about it. We all know what he has done and how good he is.”

Toto Wolff, the director of Mercedes F1, has emphasized his interest in attracting the triple world champion to replace Lewis Hamilton.

“It’s about understanding how the Verstappens see the future, what they think suits them best, considering many factors,” he had already stated in China.

“We are in a very good position for 2026. We are ambitious with the goals we have set for power units, batteries, and sustainable fuel, and if we can produce a decent chassis, we will be a good proposition. But who knows?”

Mercedes F1's 150M Euro Bid to Secure Verstappen

Today, when asked if he is particularly focused on selling the Mercedes F1 2026 project to Verstappen, he smiles.

“I’m really not good at selling things, to be honest. It depends on the facts. Exaggerating something to attract someone or something is not the right way to go.”

“I think we have a development trajectory, we have set ambitious goals that we believe are necessary to perform at a high level.”

“These are facts, but of course, if there is someone among our competitors who develops a project capable of going to the Moon, who knows? I’m not good at persuading, I just say what I think and what I believe is the reality.”

“I have a certain degree of confidence in our capabilities and resources at Mercedes HPP (engine department) and, in 2014, we succeeded, but there are no guarantees that we will do so in 2026.”

“But we are making all the necessary efforts and have set goals to have a very competitive power unit.”

“2014 was obviously more of a journey into the unknown because it was a major regulatory change, but the situation is somewhat similar.”

Mercedes F1's 150M Euro Bid to Secure Verstappen

Mercedes F1’s 150M Euro Bid to Secure Verstappen. Mercedes F1’s 150M Euro Bid to Secure Verstappen

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Full 2025 F1 testing results

Carlos Sainz
1
CARLOS
SAINZ
Leader
Lewis Hamilton
2
LEWIS
HAMILTON
+0.031s
Charles Leclerc
3
CHARLES
LECLERC
+0.083s
George Russell
4
GEORGE
RUSSELL
+0.197s
Max Verstappen
5
MAX
VERSTAPPEN
+0.218s
Alex Albon
6
ALEX
ALBON
+0.302s
Kimi Antonelli
7
KIMI
ANTONELLI
+0.436s
Oscar Piastri
8
OSCAR
PIASTRI
+0.592s
Pierre Gasly
9
PIERRE
GASLY
+0.692s
Lance Stroll
10
LANCE
STROLL
+0.881s
Liam Lawson
11
LIAM
LAWSON
+0.904s
Jack Doohan
12
JACK
DOOHAN
+1.020s
Yuki Tsunoda
13
YUKI
TSUNODA
+1.149s
Isack Hadjar
14
ISACK
HADJAR
+1.327s
Fernando Alonso
15
FERNANDO
ALONSO
+1.352s
Esteban Ocon
16
ESTEBAN
OCON
+1.380s
Lando Norris
17
LANDO
NORRIS
+1.534s
Gabriel Bortoleto
18
GABRIEL
BORTOLETO
+1.709s
Nico Hulkenberg
19
NICO
HULKENBERG
+2.109s
Oliver Bearman
20
OLIVER
BEARMAN
+3.013s

Testing Total Distance Covered by Team

1
Mercedes
458
2
Haas
457
3
Racing Bulls
454
4
Alpine
405
5
Williams
395
6
Ferrari
382
7
McLaren
381
8
Sauber
354
9
Aston Martin
306
10
Red Bull
304
Race Center
Australia Flag
Australian GP
13 Mar - 16 Mar
FP1
14 MAR 01:30
FP2
14 MAR 05:00
FP3
15 MAR 01:30
QU
15 MAR 05:00
RACE
16 MAR 04:00
F1 CALENDAR 2025
Race
Date
Australian Flag
Australian
Albert Park
16 Mar
Chinese Flag
Chinese
Shanghai International
23 Mar
Japanese Flag
Japanese
Suzuka Circuit
6 Apr
Bahrain Flag
Bahrain
Sakhir desert
13 Apr
Saudi Arabia Flag
Saudi Arabia
Jeddah Street
20 Apr
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