2018’s title success moves Lewis Hamilton into a different league altogether. Tied with Fangio for the number of driver championships and only behind Michael Schumacher, Hamilton’s 2018 triumph has ensure his name gets down in history. The season had its ups and down for him and Mercedes, but the development in the later half of the season pushed Hamilton way past Sebastian Vettel. While the world can’t stop their heaps of praises for Lewis, his competitor Max Verstappen had a different opinion. When asked what made Hamilton so good in 2018, the Dutchman was quick to respond: “His car!” According to Blick newspaper, the 21-year-old added: “Of course he is extremely good. “But Vettel could win with his car, Ricciardo could win with his car, I could win with his car.” No doubt the Mercedes car was strong throughout the year, but so were the Ferraris and many at times the Red Bulls as well. Not only did Mercedes speed up their development mid season, Lewis Hamilton brought his A-game this season, while his championship rival, Sebastian Vettel made mistakes. Hence merely putting the credit to the car is unfair to his achievement. To say that any top driver could have won in Lewis’ car undermines the mammoth achievement of the Briton who had to fight an intense battle to be in a position that he is in right now. Hamilton himself hit out to people like Nico Rosberg [http://www.essentiallysports.com/lewis-hamilton-hits-rosberg-criticisms/], who suggested that the championship was gifted to him, clarifying his battle with Vettel in 2018, was the toughest one for him. To put it into perspective, Valtteri Bottas, had similar car, but couldn’t manage a single victory. He’s merely had 2 pole positions, while Hamilton has had 9 poles and 9 victories to his name in 2018. While claims made by Verstappen will surely not go down well with Hamilton, what’s more interesting is what the Dutchman does with the Honda engine next year considering his team has constantly been claiming positivities. [https://www.skysports.com/f1/news/12433/11532795/max-verstappen-excited-by-red-bull-honda-tie-up-in-2019] 

While the world is full of praise for Lewis Hamilton, Max Verstappen believes
the Briton's 2018 success is more down to his Mercedes car.

Jaskirat Arora is the Co-Founder &amp; Content Head of EssentiallySports. He developed an avid interest in sports from an early age and actively follows F1, NBA &amp; Tennis.

Jaskirat Arora

Jaskirat Arora, Co-Founder & Content Head

EssentiallySports

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Jaskirat Arora is the Co-Founder & Content Head of EssentiallySports. He
developed an avid interest in sports from an early age and actively follows F1,
NBA & Tennis.

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F1 Archives

LatestF1 - EssentiallySports News | EssentiallySports

[caption id="attachment_502674" align="aligncenter" width="1920"]<img class="size-full wp-image-502674" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20210104143340/2020-12-13T132539Z_345779336_UP1EGCD11ARYN_RTRMADP_3_MOTOR-F1-ABUDHABI.jpg" alt="Mercedes driver Lewis Hamilton during the Abu Dhabi GP practice" width="1920" height="1185" /> Formula One F1 - Abu Dhabi Grand Prix - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - Mercedes' Lewis Hamilton in action during the race Pool via REUTERS/Giuseppe Cacace[/caption]
<h2>Mercedes: 2021 Latest News, Results, Drivers, and Car Updates</h2>
German manufacturing giant, Mercedes-Benz, first got involved in racing back in the 1930s and 1940s. After the Second World War, they returned in 1954, in what is now known as Formula One. However, they pulled out as a manufacturer after 1955, remaining only as a supplier.

The team are commonly referred to as the 'Silver Arrows' due to its distinct and iconic silver livery.

Their exit was a direct response to the 1955 Le Mans Disaster. They would be coaxed back as a constructor, only from 2010 onwards.

The team have announced <a href="https://www.essentiallysports.com/tag/valtteri-bottas/">Valtteri Bottas</a> as their 2021 driver with the other seat yet to be filled, with <a href="https://www.essentiallysports.com/tag/lewis-hamilton/">Lewis Hamilton</a>'s contract being extended as the most probable outcome.
<h2>How much does Mercedes earn from F1?</h2>
Clinching the prized Constructors' Championship entails a lot of prestige, but more importantly, a bigger paycheck. Despite spending an absurd amount of money on car development, it ultimately pays off for Mercedes when they decimate the competition on the track. According to a <a href="https://www.forbes.com/sites/chrissmith/2019/11/26/formula-one-team-values-ferrari-mercedes/#261d6d611ddb" target="_blank" rel="noopener noreferrer">report</a>, the Brackley-based outfit earned a handsome $451 million in revenue for the 2019 season.
<h2>How much is the Mercedes F1 team worth?</h2>
Despite being one of the most successful F1 teams in recent history, the Silver Arrows aren't the most valuable F1 team. The German team lose out to Scuderia Ferrari, which needs no introduction. <a href="https://www.forbes.com/sites/chrissmith/2019/11/26/formula-one-team-values-ferrari-mercedes/" target="_blank" rel="noopener noreferrer">Apparently</a>, Mercedes are valued at a whopping $1,015 million or just over a billion dollars.
<h2><strong>What are Mercedes' on-track a</strong><b>chievements?</b></h2>
During their first two years in Formula One, there was no Constructors' Championship. It was only introduced from 1958 onwards. However, they did win four races out of a nine-race 1954 calendar. Those wins came at the French Grand Prix, the German Grand Prix, the Swiss Grand Prix, and the Spanish Grand Prix.

A year later, they would go on to win five out of seven races. These wins came at Argentina, Belgium, Netherlands, Great Britain, and Italy.

After their return in 2010, there were off to a shaky start, having been away for so long. However, since 2013, things have been picking up, and they began to dominate from 2014, which saw the inception of the turbo-hybrid era in Formula 1.

Mercedes have won every single Drivers' and Constructors' Championship on offer since 2014. The team have won 115 races out of 227 races.

[caption id="attachment_462071" align="aligncenter" width="1920"]<img class="size-full wp-image-462071" src="https://www.essentiallysports.com/wp-content/uploads/2020-11-28T154153Z_153153182_UP1EGBS17LSZK_RTRMADP_3_MOTOR-F1-BAHRAIN.jpg" alt="Mercedes drivers Valtteri Bottas and Lewis Hamilton after the Bahrain GP qualifying" width="1920" height="1289" /> Formula One F1 - Bahrain Grand Prix - Bahrain International Circuit, Sakhir, Bahrain - Mercedes' Lewis Hamilton after qualifying in pole position alongside second placed Mercedes' Valtteri Bottas Pool via REUTERS/Hamad I Mohammed[/caption]
<h2><strong>Who are Mercedes? sponsors?</strong></h2>
Mercedes F1?s title partner is the Malaysian oil and gas company, Petronas. The German team also has a principal partner in the British chemicals company- INEOS.

Other partners include UBS, Epson, Bose, <a href="http://global.tommy.com/india/en/sitecore/content/websites/archives/india/removed-collections/collections/tommyxgigi/15" target="_blank" rel="noopener noreferrer">Tommy Hilfiger</a>, IWC Schaffhausen, Hewlett Packard Enterprise, The Ritz Carlton, Monster Energy, Pure Storage CrowdStrike, TIBCO, and AMD.
<h2>Who owns the Mercedes F1 team?</h2>
So, who are the entities behind one of the most influential Formula 1 team? Turns out Daimler AG, which is the parent organization of the Mercedes Benz road car brand, is the company behind the German F1 team.

Toto Wolff and British Chemical giant Ineos are equal partners in the team.
<h2>Best Moments of Mercedes F1 team</h2>

<h2><strong>Which charities is Mercedes involved with?</strong></h2>
The team have lent their support to two main charities. In 2015, they chose the Air Ambulance Services and the Muscle Help Foundation.

Following the coronavirus pandemic, the team <a href="https://www.crash.net/f1/news/937793/1/mercedes-f1-drivers-race-suits-be-auctioned-nhs" target="_blank" rel="noopener noreferrer">auctioned off</a> Valtteri Bottas' and Lewis Hamilton's race suits to raise money for NHS charities.
<table>
<tbody>
<tr>
<td width="301"><strong>Founded</strong></td>
<td width="301">1926</td>
</tr>
<tr>
<td width="301"><strong>Owner</strong></td>
<td width="301">Mercedes Benz</td>
</tr>
<tr>
<td width="301"><strong>Constructors Championships</strong></td>
<td width="301">7</td>
</tr>
<tr>
<td width="301"><strong>Drivers Champion</strong></td>
<td width="301">Juan Manuel Fangio, Nico Rosberg, Lewis Hamilton</td>
</tr>
<tr>
<td width="301"><strong>Drivers Championships</strong></td>
<td width="301">9</td>
</tr>
<tr>
<td width="301"><strong>Prize Money Won</strong></td>
<td width="301">177 Million</td>
</tr>
<tr>
<td width="301"><strong>Base</strong></td>
<td width="301">Brackley</td>
</tr>
<tr>
<td width="301"><strong>Official website</strong></td>
<td width="301"><a href="https://www.mercedesamgf1.com/en/">https://www.mercedesamgf1.com/en/</a></td>
</tr>
<tr>
<td width="301"><strong>Race drivers</strong></td>
<td width="301">Valtteri Bottas, TBA</td>
</tr>
<tr>
<td width="301"><strong>Test drivers</strong></td>
<td width="301">TBA</td>
</tr>
</tbody>
</table>

Mercedes

Formula One F1 &#8211; Abu Dhabi Grand Prix &#8211; Yas Marina Circuit, Abu Dhabi, United Arab Emirates &#8211; Mercedes&#8217; Lewis Hamilton in action during the race Pool via REUTERS/Giuseppe Cacace Mercedes: 2021 Latest News, Results, Drivers, and Car Updates German manufacturing giant, Mercedes-Benz, first got involved in racing back in the 1930s and 1940s. After the Second World War, they returned in 1954, in what is now known as Formula One. However, they pulled out as a manufacturer after 1955, remaining only as a supplier. The team are commonly referred to as the &#8216;Silver Arrows&#8217; due to its distinct and iconic silver livery. Their exit was a direct response to the 1955 Le Mans Disaster. They would be coaxed back as a constructor, only from 2010 onwards. The team have announced Valtteri Bottas as their 2021 driver with the other seat yet to be filled, with Lewis Hamilton&#8216;s contract being extended as the most probable outcome. How much does Mercedes earn from F1? Clinching the prized Constructors&#8217; Championship entails a lot of prestige, but more importantly, a bigger paycheck. Despite spending an absurd amount of money on car development, it ultimately pays off for Mercedes when they decimate the competition on the track. According to a report, the Brackley-based outfit earned a handsome $451 million in revenue for the 2019 season. How much is the Mercedes F1 team worth? Despite being one of the most successful F1 teams in recent history, the Silver Arrows aren&#8217;t the most valuable F1 team. The German team lose out to Scuderia Ferrari, which needs no introduction. Apparently, Mercedes are valued at a whopping $1,015 million or just over a billion dollars. What are Mercedes&#8217; on-track achievements? During their first two years in Formula One, there was no Constructors&#8217; Championship. It was only introduced from 1958 onwards. However, they did win four races out of a nine-race 1954 calendar. Those wins came at the French Grand Prix, the German Grand Prix, the Swiss Grand Prix, and the Spanish Grand Prix. A year later, they would go on to win five out of seven races. These wins came at Argentina, Belgium, Netherlands, Great Britain, and Italy. After their return in 2010, there were off to a shaky start, having been away for so long. However, since 2013, things have been picking up, and they began to dominate from 2014, which saw the inception of the turbo-hybrid era in Formula 1. Mercedes have won every single Drivers&#8217; and Constructors&#8217; Championship on offer since 2014. The team have won 115 races out of 227 races. Formula One F1 &#8211; Bahrain Grand Prix &#8211; Bahrain International Circuit, Sakhir, Bahrain &#8211; Mercedes&#8217; Lewis Hamilton after qualifying in pole position alongside second placed Mercedes&#8217; Valtteri Bottas Pool via REUTERS/Hamad I Mohammed Who are Mercedes? sponsors? Mercedes F1?s title partner is the Malaysian oil and gas company, Petronas. The German team also has a principal partner in the British chemicals company- INEOS. Other partners include UBS, Epson, Bose, Tommy Hilfiger, IWC Schaffhausen, Hewlett Packard Enterprise, The Ritz Carlton, Monster Energy, Pure Storage CrowdStrike, TIBCO, and AMD. Who owns the Mercedes F1 team? So, who are the entities behind one of the most influential Formula 1 team? Turns out Daimler AG, which is the parent organization of the Mercedes Benz road car brand, is the company behind the German F1 team. Toto Wolff and British Chemical giant Ineos are equal partners in the team. Best Moments of Mercedes F1 team Which charities is Mercedes involved with? The team have lent their support to two main charities. In 2015, they chose the Air Ambulance Services and the Muscle Help Foundation. Following the coronavirus pandemic, the team auctioned off Valtteri Bottas&#8217; and Lewis Hamilton&#8217;s race suits to raise money for NHS charities.  Founded 1926  Owner Mercedes Benz  Constructors Championships 7  Drivers Champion Juan Manuel Fangio, Nico Rosberg, Lewis Hamilton  Drivers Championships 9  Prize Money Won 177 Million  Base Brackley  Official website https://www.mercedesamgf1.com/en/  Race drivers Valtteri Bottas, TBA  Test drivers TBA

Mercedes Archives

LatestMercedes - EssentiallySports News | EssentiallySports

<h2>Red Bull: 2021 Latest News, Results, Drivers, and Car Updates</h2>
The Red Bull team made their official F1 debut back in 2005. However, the origin of the team themselves can be traced back to 1997. At that time, they were known as the Stewart Racing team, a team owned by F1 legend and triple World Champion, Sir Jackie Stewart.

[caption id="attachment_495654" align="aligncenter" width="1920"]<img class="size-full wp-image-495654" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20201229114122/2020-12-13T134329Z_1480797127_UP1EGCD124HZO_RTRMADP_3_MOTOR-F1-ABUDHABI.jpg" alt="Red Bull's Max Verstappen leading the pack during the 2020 Abu Dhabi GP" width="1920" height="1120" /> Formula One F1 - Abu Dhabi Grand Prix - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - Red Bull's Max Verstappen in action during the race Pool via REUTERS/Giuseppe Cacace[/caption]

He sold the team to the American company, Ford, who rebranded the team to Jaguar Racing. The iconic British manufacturer would race in the sport until the end of the 2004 season. In the following year, Red Bull took up the reins. Though they were, at best, a midfield team in their early days, in 2009, the dynamic shifted completely.

Red Bull?s drivers for the 2021 season are <a href="https://www.essentiallysports.com/tag/max-verstappen/">Max Verstappen</a> and <a href="https://www.essentiallysports.com/tag/sergio-perez/">Sergio Perez</a>. Perez takes the seat from Alex Albon, who is the new test driver for the team.
<h2><strong>Red Bull: On-track Achievements</strong></h2>
They enjoyed a fairly strong start to their debut season when David Coulthard finished fourth in Australia. A year later, he bagged a maiden podium at the 2006 Monaco Grand Prix. A few more intermittent podiums followed until 2009, when the team bagged their first win, courtesy of Sebastian Vettel.

That year, the team amassed six wins and finished second in the Championship. Then came the magnum opus, four Drivers' and Constructors' titles on the trot, all thanks to <a href="https://www.essentiallysports.com/tag/sebastian-vettel/">Sebastian Vettel</a>.

Red Bull's dominant run in F1 ended with the introduction of the turbo-hybrid era in Formula 1. While the team still clinch the odd pole or win, they are yet to replicate their supremacy from the early 2010s.

As of September 2020, the team had 64 race wins, 182 podiums, and four Drivers' and Constructors' Championships in F1. The team has entered 304 races and amassed over a massive tally of 5043.5 points.
<h2>Does Red Bull have two F1 teams?</h2>
Part of what makes Red Bull such a unique F1 entity is their connection to Scuderia AlphaTauri. AlphaTauri, formerly known as Toro Rosso, is the Austrian outfit's Italian sister team.

Red Bull Racing doesn't necessarily 'own' AlphaTauri. Technically, both teams are owned by the famed drinks company - Red Bull GmbH. The Austrian company's founder - Dietrich Mateschitz, purchased Red Bull (formerly known as Jaguar), followed by Toro Rosso (formerly known as Minardi), as part of a collaboration with former F1 driver Gerhard Berger.

Unofficially, AlphaTauri functions as a proving ground for Red Bull's younger drivers who have the potential to step up and drive for Red Bull Racing.
<h2>How much did Red Bull spend on F1?</h2>
According to <a href="https://www.racefans.net/2020/01/02/the-cost-of-f1-2019-part-two-what-the-top-teams-spent/" target="_blank" rel="noopener noreferrer">reports</a>, the team spent $335 million in their F1 ventures for the 2019 season.
<h2>How much does Red Bull earn from F1?</h2>
As a reward for its efforts, the Milton-Keynes based outfit received approximately <a href="https://www.racefans.net/2020/01/02/the-cost-of-f1-2019-part-two-what-the-top-teams-spent/" target="_blank" rel="noopener noreferrer">$335 million</a> in prize money for the 2019 season. The Austrian outfit did not report a healthy profit, but thankfully, it wasn't a loss.

The FOM split from the $335 million is reportedly $150 million (including bonuses).
<h2>What does Aston Martin do for Red Bull?</h2>
In late 2017, the team announced Aston Martin as the team's title sponsor as part of a technical partnership. The Milton-Keynes outfit have worked in close collaboration with Aston Martin to produce the hyper-car, Valkyrie.

<em>"The relationship between Aston Martin and The Team began in 2016 after the two companies combined cutting edge F1 technology and Aston Martin's signature sports car design to produce a ground breaking hypercar,"</em> reads a <a href="https://www.redbull.com/int-en/redbullracing/driving-future-innovation" target="_blank" rel="noopener noreferrer">statement</a> from Red Bull.

In early 2020, the team announced that they would be ending their title partnership with Aston Martin following the 2020 F1 season. However, the Austrian outfit will work with the British manufacturer in delivering its hyper-car collaboration.
<h2>Who owns Red Bull Racing?</h2>
The F1 team are owned by the parent company and famed drinks brand- Red Bull GmbH. Red Bull was founded by Dietrich Mateschitz and Chaleo Yoovidhya. Currently, Mateschitz and Chalerm Yoovidhya own the brand.
<h2><strong>Red Bull?s Sponsors</strong></h2>
The team's title sponsor for 2020 is British car manufacturer, Aston Martin. Team partners <a href="https://www.redbull.com/int-en/redbullracing/partners" target="_blank" rel="noopener noreferrer">include</a> Rauch, Puma, Tag Heuer, W66, DITA, Pirelli, MyWorld, Piquadro, Iris, and AlphaTauri.

[caption id="attachment_463860" align="aligncenter" width="1920"]<img class="size-full wp-image-463860" src="https://www.essentiallysports.com/wp-content/uploads/2020-11-29T175536Z_1015824148_UP1EGBT1DSO01_RTRMADP_3_MOTOR-F1-BAHRAIN.jpg" alt="Max Verstappen holding his second place trophy at Bahrain GP" width="1920" height="1405" data-wp-editing="1" /> Formula One F1 - Bahrain Grand Prix - Bahrain International Circuit, Sakhir, Bahrain - Red Bull's Max Verstappen celebrates with a trophy on the podium after finishing in second place Pool via REUTERS/Bryn Lennon[/caption]
<h2>Best Moments of Red Bull F1 team</h2>
<iframe src="https://www.youtube.com/embed/fG556hpNeCs" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe>
<h2><strong>Charities</strong></h2>
One of the main charities that the team support is the <a href="https://www.wingsforlife.com/en/supporters/">Wings for Life</a> charity. This organization is dedicated to Spinal Cord research. Wings for Life focuses on researching treatments for the central nervous system. These treatments can either be therapies or drugs, aimed at healing.
<table>
<tbody>
<tr>
<td width="301"><strong>Founded</strong></td>
<td width="301">2005</td>
</tr>
<tr>
<td width="301"><strong>Owner</strong></td>
<td width="301">Dietrich Mateschitz</td>
</tr>
<tr>
<td width="301"><strong>Constructors Championships</strong></td>
<td width="301">4</td>
</tr>
<tr>
<td width="301"><strong>Drivers Champion</strong></td>
<td width="301">Sebastian Vettel</td>
</tr>
<tr>
<td width="301"><strong>Drivers Championships</strong></td>
<td width="301">4</td>
</tr>
<tr>
<td width="301"><strong>Prize Money Won</strong></td>
<td width="301">110.7 million</td>
</tr>
<tr>
<td width="301"><strong>Official website</strong></td>
<td width="301"><a href="https://www.redbull.com/int-en/redbullracing">https://www.redbull.com/int-en/redbullracing</a></td>
</tr>
<tr>
<td width="301"><strong>Drivers</strong></td>
<td width="301">Max Verstappen, Sergio Perez</td>
</tr>
<tr>
<td width="301"><strong>Test Drivers</strong></td>
<td width="301">Alex Albon</td>
</tr>
<tr>
<td width="301"><strong>Engine</strong></td>
<td width="301">Honda</td>
</tr>
<tr>
<td width="301"><strong>Tires</strong></td>
<td width="301">Pirelli</td>
</tr>
<tr>
<td width="301"><strong>Founded</strong></td>
<td width="301">2005</td>
</tr>
</tbody>
</table>

Red Bull

Red Bull: 2021 Latest News, Results, Drivers, and Car Updates The Red Bull team made their official F1 debut back in 2005. However, the origin of the team themselves can be traced back to 1997. At that time, they were known as the Stewart Racing team, a team owned by F1 legend and triple World Champion, Sir Jackie Stewart. Formula One F1 &#8211; Abu Dhabi Grand Prix &#8211; Yas Marina Circuit, Abu Dhabi, United Arab Emirates &#8211; Red Bull&#8217;s Max Verstappen in action during the race Pool via REUTERS/Giuseppe Cacace He sold the team to the American company, Ford, who rebranded the team to Jaguar Racing. The iconic British manufacturer would race in the sport until the end of the 2004 season. In the following year, Red Bull took up the reins. Though they were, at best, a midfield team in their early days, in 2009, the dynamic shifted completely. Red Bull?s drivers for the 2021 season are Max Verstappen and Sergio Perez. Perez takes the seat from Alex Albon, who is the new test driver for the team. Red Bull: On-track Achievements They enjoyed a fairly strong start to their debut season when David Coulthard finished fourth in Australia. A year later, he bagged a maiden podium at the 2006 Monaco Grand Prix. A few more intermittent podiums followed until 2009, when the team bagged their first win, courtesy of Sebastian Vettel. That year, the team amassed six wins and finished second in the Championship. Then came the magnum opus, four Drivers&#8217; and Constructors&#8217; titles on the trot, all thanks to Sebastian Vettel. Red Bull&#8217;s dominant run in F1 ended with the introduction of the turbo-hybrid era in Formula 1. While the team still clinch the odd pole or win, they are yet to replicate their supremacy from the early 2010s. As of September 2020, the team had 64 race wins, 182 podiums, and four Drivers&#8217; and Constructors&#8217; Championships in F1. The team has entered 304 races and amassed over a massive tally of 5043.5 points. Does Red Bull have two F1 teams? Part of what makes Red Bull such a unique F1 entity is their connection to Scuderia AlphaTauri. AlphaTauri, formerly known as Toro Rosso, is the Austrian outfit&#8217;s Italian sister team. Red Bull Racing doesn&#8217;t necessarily &#8216;own&#8217; AlphaTauri. Technically, both teams are owned by the famed drinks company &#8211; Red Bull GmbH. The Austrian company&#8217;s founder &#8211; Dietrich Mateschitz, purchased Red Bull (formerly known as Jaguar), followed by Toro Rosso (formerly known as Minardi), as part of a collaboration with former F1 driver Gerhard Berger. Unofficially, AlphaTauri functions as a proving ground for Red Bull&#8217;s younger drivers who have the potential to step up and drive for Red Bull Racing. How much did Red Bull spend on F1? According to reports, the team spent $335 million in their F1 ventures for the 2019 season. How much does Red Bull earn from F1? As a reward for its efforts, the Milton-Keynes based outfit received approximately $335 million in prize money for the 2019 season. The Austrian outfit did not report a healthy profit, but thankfully, it wasn&#8217;t a loss. The FOM split from the $335 million is reportedly $150 million (including bonuses). What does Aston Martin do for Red Bull? In late 2017, the team announced Aston Martin as the team&#8217;s title sponsor as part of a technical partnership. The Milton-Keynes outfit have worked in close collaboration with Aston Martin to produce the hyper-car, Valkyrie. &#8220;The relationship between Aston Martin and The Team began in 2016 after the two companies combined cutting edge F1 technology and Aston Martin&#8217;s signature sports car design to produce a ground breaking hypercar,&#8221; reads a statement from Red Bull. In early 2020, the team announced that they would be ending their title partnership with Aston Martin following the 2020 F1 season. However, the Austrian outfit will work with the British manufacturer in delivering its hyper-car collaboration. Who owns Red Bull Racing? The F1 team are owned by the parent company and famed drinks brand- Red Bull GmbH. Red Bull was founded by Dietrich Mateschitz and Chaleo Yoovidhya. Currently, Mateschitz and Chalerm Yoovidhya own the brand. Red Bull?s Sponsors The team&#8217;s title sponsor for 2020 is British car manufacturer, Aston Martin. Team partners include Rauch, Puma, Tag Heuer, W66, DITA, Pirelli, MyWorld, Piquadro, Iris, and AlphaTauri. Formula One F1 &#8211; Bahrain Grand Prix &#8211; Bahrain International Circuit, Sakhir, Bahrain &#8211; Red Bull&#8217;s Max Verstappen celebrates with a trophy on the podium after finishing in second place Pool via REUTERS/Bryn Lennon Best Moments of Red Bull F1 team Charities One of the main charities that the team support is the Wings for Life charity. This organization is dedicated to Spinal Cord research. Wings for Life focuses on researching treatments for the central nervous system. These treatments can either be therapies or drugs, aimed at healing.  Founded 2005  Owner Dietrich Mateschitz  Constructors Championships 4  Drivers Champion Sebastian Vettel  Drivers Championships 4  Prize Money Won 110.7 million  Official website https://www.redbull.com/int-en/redbullracing  Drivers Max Verstappen, Sergio Perez  Test Drivers Alex Albon  Engine Honda  Tires Pirelli  Founded 2005

Red Bull Archives

LatestRed Bull - EssentiallySports News | EssentiallySports

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While the world is full of praise for Lewis Hamilton, Max Verstappen believes the Briton's 2018 success is more down to his Mercedes car.

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Verstappen Undermines Lewis' Achievement, Believes Its all Down to His Car

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F1 Archives - EssentiallySports

<strong>History</strong>

The Formula One World Championship first started back in 1950. The very first F1 champion was Italy's Guiseppe Farina who raced for Alfa Romeo.

The sport has had 33 different champions in its history and a few of them are multiple championship winners. Currently, the driver with the most championships is <a href="https://www.essentiallysports.com/tag/michael-schumacher/">Michael Schumacher</a> with 7 under his belt. However, <a href="https://www.essentiallysports.com/category/f1/mercedes">Mercedes</a> driver <a href="https://www.essentiallysports.com/tag/lewis-hamilton/">Lewis Hamilton</a> will be eager to overhaul that. Hamilton currently holds 6 World Championships and stands on the cusp of equalling Michael Schumacher's record at the end of the season.

[caption id="attachment_394613" align="alignnone" width="1920"]<img class="wp-image-394613 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20200929180846/2020-09-27T125344Z_1587606816_UP1EG9R0ZTK0Z_RTRMADP_3_MOTOR-F1-RUSSIA-1-1.jpg" alt="Lewis Hamilton Racing In The Russian GP" width="1920" height="1185" /> Formula One F1 - Russian Grand Prix - Sochi Autodrom, Sochi, Russia - Mercedes' Lewis Hamilton in action during the race. Pool via REUTERS/Yuri Kochetkov[/caption]

Hamilton and Mercedes are the defending Champions with the pair's dominance unlikely to end anytime soon.

<img class="alignnone size-full wp-image-99263" src="http://www.essentiallysports.com/wp-content/uploads/2016/01/F1-logo-f.png" alt="Formula One" width="2048" height="1536" />

For a long time, Bernie Ecclestone was the F1 supremo, having founded the Formula One Group. He?spent 40 years as chief executive of the company after gaining control of the commercial rights.

But in 2017, he stepped down and ownership was handed to Liberty Media who have been taking care of F1 since then. To herald their control, they even changed the F1 logo.

Chase Carey was the first F1 CEO in the 'liberty era' of F1 and will be stepping down at the end of the year. Former Ferrari team principal Stefano Domenicali will succeed the American in 2021.

<img class="alignnone size-full wp-image-126049" src="http://www.essentiallysports.com/wp-content/uploads/f1-logo-2018.jpg" alt="sports brand" width="1920" height="1080" />

The Formula One world championship is considered by many to be the pinnacle of motorsport. It has produced champions like Fangio, <a href="https://www.essentiallysports.com/tag/ayrton-senna/">Ayrton Senna</a>, <a href="https://www.essentiallysports.com/tag/alain-prost/">Alain Prost</a>, Schumacher, <a href="https://www.essentiallysports.com/tag/fernando-alonso/">Fernando Alonso</a>, Niki Lauda, Nelson Piquet, Lewis Hamilton, Kimi Raikkonen, Sebastian Vettel and many many more.
<table width="516">
<tbody>
<tr>
<td width="264"><strong>Number of Seasons</strong></td>
<td width="246">70</td>
</tr>
<tr>
<td width="264"><strong>Number of Teams</strong></td>
<td width="246">20</td>
</tr>
<tr>
<td width="264"><strong>Most Number of Driver's titles</strong></td>
<td width="246">7</td>
</tr>
<tr>
<td width="264"><strong>Most Number of Constructors Titles</strong></td>
<td width="246">16</td>
</tr>
<tr>
<td width="264"><strong>Most Wins</strong></td>
<td width="246">91</td>
</tr>
<tr>
<td width="264"><strong>Most Poles</strong></td>
<td width="246">96</td>
</tr>
</tbody>
</table>

Formula One

History The Formula One World Championship first started back in 1950. The very first F1 champion was Italy&#8217;s Guiseppe Farina who raced for Alfa Romeo. The sport has had 33 different champions in its history and a few of them are multiple championship winners. Currently, the driver with the most championships is Michael Schumacher with 7 under his belt. However, Mercedes driver Lewis Hamilton will be eager to overhaul that. Hamilton currently holds 6 World Championships and stands on the cusp of equalling Michael Schumacher&#8217;s record at the end of the season. Formula One F1 &#8211; Russian Grand Prix &#8211; Sochi Autodrom, Sochi, Russia &#8211; Mercedes&#8217; Lewis Hamilton in action during the race. Pool via REUTERS/Yuri Kochetkov Hamilton and Mercedes are the defending Champions with the pair&#8217;s dominance unlikely to end anytime soon. For a long time, Bernie Ecclestone was the F1 supremo, having founded the Formula One Group. He?spent 40 years as chief executive of the company after gaining control of the commercial rights. But in 2017, he stepped down and ownership was handed to Liberty Media who have been taking care of F1 since then. To herald their control, they even changed the F1 logo. Chase Carey was the first F1 CEO in the &#8216;liberty era&#8217; of F1 and will be stepping down at the end of the year. Former Ferrari team principal Stefano Domenicali will succeed the American in 2021. The Formula One world championship is considered by many to be the pinnacle of motorsport. It has produced champions like Fangio, Ayrton Senna, Alain Prost, Schumacher, Fernando Alonso, Niki Lauda, Nelson Piquet, Lewis Hamilton, Kimi Raikkonen, Sebastian Vettel and many many more.  Number of Seasons 70  Number of Teams 20  Most Number of Driver&#8217;s titles 7  Most Number of Constructors Titles 16  Most Wins 91  Most Poles 96

Formula One Archives

Formula One Archives - EssentiallySports

Lewis Hamilton

Find the latest information on Formula 1 icon Lewis Hamilton and his Net Worth, Dating History, Investments, and more on EssentiallySports

Lewis Hamilton Archives

Lewis Hamilton Archives - EssentiallySports

<h2 style="text-align: center">Max Verstappen 2024: Net Worth, Salary, and Endorsements</h2>
Max Verstappen was a child prodigy who was roped in by Red Bull F1 at a very young age. He moved into F1 directly from F3 at the age of 17 during the 2015 Australian Grand Prix, partnering <a class="jsx-2b55705d932ea6e9" href="http://www.essentiallysports.com/tag/carlos-sainz/" target="_self" rel="noopener">Carlos Sainz Jr</a> in Toro Rosso. For the 2016 Spanish Grand Prix, he was promoted to Red Bull, a race that he won. There was a lot of hype around his entry into Formula 1, and it was completely justified.

He has always been classified as the next big thing in Formula 1, and many anticipate him to do what Lewis Hamilton is doing in the current F1 era. Such is his might and skill, that former F1 drivers, Jenson Button and <a class="jsx-2b55705d932ea6e9" href="http://www.essentiallysports.com/tag/fernando-alonso/" target="_self" rel="noopener">Fernando Alonso,</a> <a class="jsx-2b55705d932ea6e9" href="https://www.formula1.com/en/latest/article.out-of-this-world-verstappen-on-same-level-as-schumacher-and-alonso-says.6BLkA9yf5x1Qy1rHLyRQPW.html" target="_blank" rel="noopener">labeled</a> <a class="jsx-2b55705d932ea6e9" href="https://www.planetf1.com/news/alonso-verstappen-is-the-best-driver-in-f1/" target="_blank" rel="noopener">him as one of the best F1 drivers on the grid</a>. But his skill also comes with him being a hot head often <a class="jsx-2b55705d932ea6e9" href="https://www.essentiallysports.com/arrogant-comments-from-max-verstappen-in-the-press-conference-lead-to-the-fia-investigation-and-further-penalty/" target="_self" rel="noopener">known to say</a> controversial statements or target teams/players directly.

[caption id="attachment_2141520" align="aligncenter" width="1920"]<img class="wp-image-2141520 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2023-09-17T103059Z_2125110180_UP1EJ9H0T7L0V_RTRMADP_3_MOTOR-F1-SINGAPORE.jpg" alt="Max Verstappen" width="1920" height="1298" /> Formula One F1 - Singapore Grand Prix - Marina Bay Street Circuit, Singapore - September 17, 2023 Red Bull's Max Verstappen during the drivers parade before the race REUTERS/Andy Chua[/caption]
<h2 class="jsx-8c85ea4b4bcf4dfc" style="text-align: center"><b>Max Verstappen: </b>Personal life</h2>
Max Verstappen's father - Jos Verstappen was an F1 driver who currently manages him. Jos' F1 career wasn't quite as successful as his son's. His mother's name is Sophie Kumpen. Verstappen's sister, <a class="jsx-2b55705d932ea6e9" href="https://www.instagram.com/victoriaverstappen/?hl=en" target="_blank" rel="noopener">Victoria</a>, enjoys a healthy following on social media and has her own fashion line.

<strong>Read More: <a class="jsx-2b55705d932ea6e9" href="https://www.essentiallysports.com/f1-news-who-is-max-verstappens-father-jos-the-man-behind-one-of-f1s-greatest-superstars/" target="_self" rel="noopener">Who Is Max Verstappen's Father Jos? The Man Behind One of F1's Greatest Superstars</a></strong>

Verstappen was in a relationship with <a class="jsx-2b55705d932ea6e9" href="https://www.thesun.co.uk/sport/8531890/max-verstappen-girlfriend-dilara-sanlik-f1-red-bull/" target="_blank" rel="noopener">Dilara Sanlik</a>. As of 2024, Max Verstappen is in a relationship with Kelly Piquet. The latter even showed up at the 2021 Monaco Grand Prix, where Verstappen won his second F1 race of the season. She was standing amongst the Red Bull crew during the podium celebrations. Following the nerve-wracking 2021 season, Verstappen and Piquet spent their Christmas and New Year with the Piquet family in Brazil. Kelly is the daughter of 3-time champion Nelson Piquet.

<strong>Read More: <a class="jsx-2b55705d932ea6e9" href="https://www.essentiallysports.com/f1-news-who-is-max-verstappens-girlfriend-kelly-piquet/" target="_self" rel="noopener">Who is Max Verstappen's Girlfriend? Kelly Piquet?</a></strong>
<h2 class="jsx-8c85ea4b4bcf4dfc" style="text-align: center"><strong>Max Verstappen's Stats and On-track </strong><b>Achievements</b></h2>
Considering the age at which he joined Formula 1, he has multiple records to his name. He is the youngest driver to start a race, score points, be a race leader, step on the podium, and set the fastest lap. Sadly, the one record that eluded him was the Youngest pole sitter, a record that still belongs to <a class="jsx-2b55705d932ea6e9" href="https://www.essentiallysports.com/tag/sebastian-vettel/" target="_self" rel="noopener">Sebastian Vettel</a>.

With his race win at the 2016 Spanish Grand Prix, he also became the youngest driver to win a Grand Prix. 2019 initially remained one of his best seasons in F1. He had to take a leadership role in the team with Daniel Ricciardo departing to Renault. Max Verstappen took 3 race victories and 2 pole positions to bring glory to both Red Bull and an ailing Honda.

[caption id="attachment_2223056" align="aligncenter" width="1920"]<img class="wp-image-2223056 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/2023-10-07T194412Z_27526334_UP1EJA71ITMO9_RTRMADP_3_MOTOR-F1-QATAR.jpg" alt="" width="1920" height="1340" /> Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - October 7, 2023 Red Bull's Max Verstappen celebrates with his team after winning the championship REUTERS/Hamad I Mohammed[/caption]

However, then arrived the 2021 season, which witnessed the best version yet of Verstappen. Verstappen went in level on points with Lewis Hamilton heading into the season finale at Abu Dhabi. Both drivers were on 369.5 points and after a high-tension battle for the championship, the Dutchman ousted his rival, to clinch his first-ever title in F1.

Max Verstappen upped the ante the following season, claiming his 2nd Drivers' Championship in 2022 with 454 points. The 2023 season was Verstappen's most dominant as he clinched a hattrick of Drivers' titles with a record 86.35 win percentage. He won a total of 19 out of the 22 races in the 2023 season.
<h2 class="jsx-8c85ea4b4bcf4dfc" style="text-align: center">Max Verstappen: New racing number</h2>
Having won the world championship title in 2021, Verstappen earned the privilege of replacing his previous number, 33, with 1. The rulebook of F1 suggests that any driver that manages to win a title would have the option of sporting #1 over the succeeding season. However, if the driver fails to defend their title that year, they would have to revert to their usual number in the following season.

One might wonder why there hasn't been a driver sporting this prestigious number over all these years. Well, since the hybrid era, only two drivers, apart from Verstappen, have won titles; Hamilton and Rosberg. While the latter retired right after his championship-winning year, denying himself of embracing the king's treatment, Hamilton chose to run with his favorite number, 44, instead.
<h2 class="jsx-8c85ea4b4bcf4dfc" style="text-align: center">Max Verstappen: Net Worth 2024</h2>
Naturally, the kind of personality Verstappen is, he always finds himself in the news good or bad. But at the end of the day, Verstappen delivers on the track and Red Bull doesn't want to lose their star driver. The Dutchman is contracted to Red Bull until the end of 2028.

<strong>Read More: <a class="jsx-2b55705d932ea6e9" href="https://www.essentiallysports.com/f1-news-max-verstappen-monaco-house-how-much-is-it-worth-other-key-details/" target="_self" rel="noopener">Max Verstappen Monaco House: How Much is it Worth &amp; Other Key Details?</a></strong>

Despite his young age and relatively short career, his net worth stands at almost <a href="https://www.celebritynetworth.com/richest-athletes/race-car-drivers/max-verstappen-net-worth/" target="_blank" rel="noopener">$90 million</a>. However, Verstappen's net worth could shoot up, considering the substantial rise in pay from 2024 amidst the newly signed contract. The Dutchman will receive an <a href="https://www.forbes.com/sites/brettknight/2023/11/29/formula-1s-highest-paid-drivers-2023/?sh=493528e5463f" target="_blank" rel="noopener">on-track salary</a> of a whopping $70M, including $25M in bonuses. However, as of now, Verstappen's yearly salary stands at $45M.
<h2 class="jsx-cb26a7af5694ead9" style="text-align: center">Max Verstappen's Honors and Achievements</h2>
Formula One Driver's World Championships - 3 (2021, 2022, and 2023)

Formula One Constructor's World Championships - 2 (2022, and 2023)

DHL Fastest Lap Awards - 2 (2022, and 2023)

FIA Pole Trophies - 5 (2015, 2016, 2017, 2018, and 2020)

Dutch Sportsman of the Year - 3 (2016, 2021, and 2022)

Lorenzo Bandini Trophy - Won in 2016 for the 2015 Season

Laureus World Sportsman of the Year - 1 (2022)
<h2 class="jsx-8c85ea4b4bcf4dfc" style="text-align: center"><b>Max Verstappen: Endorsements</b></h2>
While his annual salary at Red Bull puts him among the top brass of the sport, his fan following is topped only by Lewis Hamilton himself. He has an army of fans who call themselves the Orange Army and are present wearing Orange T-shirts for almost all European races. This popularity makes him very desirable among brands, thus making him one of the most marketable drivers on the grid. His <a class="jsx-2b55705d932ea6e9" href="https://www.verstappen.com/en" target="_blank" rel="noopener">main sponsors</a> are Tag Heuer, Jumbo Supermarkets, Ziggo, Red Bull, <a class="jsx-2b55705d932ea6e9" href="https://www.g-star.com/en_be/shop/men/max_verstappen_collection" target="_blank" rel="noopener">G-Star</a> Raw, and CarNext.com. Verstappen's earnings through endorsements stand at $4 million annually.
<h2 class="jsx-8c85ea4b4bcf4dfc" style="text-align: center"><strong>Max Verstappen: Foundations and Charity Work</strong></h2>
Like most F1 drivers, Verstappen has participated in <a class="jsx-2b55705d932ea6e9" href="https://verstappen.com/en/gallerydetail/254" target="_blank" rel="noopener">charity football events</a>. He is also part of the <a class="jsx-2b55705d932ea6e9" href="https://www.charitystars.com/collection/max-verstappen-en/closed" target="_blank" rel="noopener">Charity Stars</a> and <a class="jsx-2b55705d932ea6e9" href="https://www.sportvideos.tv/max-verstappen-kitz-red-bull-charity-race-2017-f1-and-motogp-stars-on-skis/" target="_blank" rel="noopener">raced in a Red Bull-sponsored charity event in 2017</a>.

In early 2020, Verstappen <a class="jsx-2b55705d932ea6e9" href="https://www.grandprix.com/news/verstappen-donates-to-koala-fundraiser.html" target="_blank" rel="noopener">donated</a> an unspecified amount to a fundraiser as part of aid for Koalas affected by bushfires in Australia.
<h2 style="text-align: center">Max Verstappen's Car Collection</h2>
Max Verstappen boasts of a private car collection worth $6.4million. His prized possession is the $2.7 million hypercar Valkyrie, which Red Bull-Aston Martin jointly developed. He also owns the road-legal version of the James Bond car in the film Spectre - DB11 worth $200,000. His garage houses a couple of Ferrari's as well, which includes the 488 Pista worth $331,000 and the $1.2 million Monza SP2. Additionally, his collection includes the 2018 Vantage ($150,000) and a DBS Superleggera ($360,000). However, his first purchase was a $400,000 Renault R. S. 01. Apart from these beasts, the Dutchman owns a yellow Renault Clio which was gifted to him by his parents.
<h2 class="jsx-8c85ea4b4bcf4dfc" style="text-align: center">How to contact Max Verstappen?</h2>
Fans can contact Max Verstappen through a variety of channels, including social media accounts and his official website. Verstappen has an <a class="jsx-2b55705d932ea6e9" href="https://www.instagram.com/maxverstappen1/" target="_blank" rel="noopener">Instagram</a> and <a class="jsx-2b55705d932ea6e9" href="https://twitter.com/Max33Verstappen?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" target="_blank" rel="noopener">Twitter</a> account, which he uses to connect with fans and post regular updates. Verstappen has launched his own online retail store named <a href="https://www.verstappen.com/collections/max-verstappen-33" target="_blank" rel="noopener">Verstappen33</a>, where fans can purchase his official merchandise.

Alternatively, those interested can reach out to Max through his website: <a class="jsx-2b55705d932ea6e9" href="https://verstappen.com/en/contact/" target="_blank" rel="noopener">https://www.verstappen.nl/en/contact/</a>
<table style="width: 54.0273%">
<tbody>
<tr>
<td style="width: 22.1359%">Parents</td>
<td style="width: 76.5049%">Jos Verstappen and Sophie Kumpen</td>
</tr>
<tr>
<td style="width: 22.1359%">Marital Status</td>
<td style="width: 76.5049%">Single (In a relationship with Kelly Piquet)</td>
</tr>
<tr>
<td style="width: 22.1359%">Team</td>
<td style="width: 76.5049%">Red Bull Racing</td>
</tr>
<tr>
<td style="width: 22.1359%">Residence</td>
<td style="width: 76.5049%">Monaco</td>
</tr>
<tr>
<td style="width: 22.1359%">Nationality</td>
<td style="width: 76.5049%">Dutch, Belgian</td>
</tr>
<tr>
<td style="width: 22.1359%">Endorsements</td>
<td style="width: 76.5049%">Jumbo Supermarkets, Ziggo, G-Star Raw, CarNext.com</td>
</tr>
<tr>
<td style="width: 22.1359%">Annual Salary</td>
<td style="width: 76.5049%">$45 million</td>
</tr>
<tr>
<td style="width: 22.1359%">Net worth</td>
<td style="width: 76.5049%">$90 million</td>
</tr>
<tr>
<td style="width: 22.1359%">Date of Birth</td>
<td style="width: 76.5049%">30th September, 1997</td>
</tr>
<tr>
<td style="width: 22.1359%">Height</td>
<td style="width: 76.5049%">1.81m</td>
</tr>
<tr>
<td style="width: 22.1359%">Ethnicity</td>
<td style="width: 76.5049%">White</td>
</tr>
<tr>
<td style="width: 22.1359%">Points</td>
<td style="width: 76.5049%">2586.5 (2023 Abu Dhabi GP)</td>
</tr>
<tr>
<td style="width: 22.1359%">Championships</td>
<td style="width: 76.5049%">3</td>
</tr>
</tbody>
</table>
&nbsp;

Max Verstappen

Find the latest information on Formula 1 superstar Max Verstappen and his Net Worth, Salary, Endorsements, and more on EssentiallySports