Max Verstappen, the multiple Formula 1 world champion, primarily resides in Monaco, a principality renowned for attracting high-profile athletes. He initially moved to Monaco in 2015 at the age of 17, shortly after becoming the youngest driver to start a Formula 1 race.
His initial residence was a luxury apartment located in the Fontvieille district, a quieter area of Monaco. This apartment was reportedly valued between $14 million and $16 million and spanned approximately 180 square meters.
Max Verstappen’s primary residence in monaco
Max Verstappen has recently moved to Le Renzo, an exclusive residential complex situated within Monaco’s newly developed Mareterra district. This move occurred in 2025 or 2026, with the Mareterra district itself completed in 2024.
Mareterra is a significant $2.3 billion expansion built directly on the sea, increasing Monaco’s land area by three percent. Le Renzo overlooks the Petit Portier harbor and the vast Mediterranean Sea.
The complex was designed by the acclaimed Italian architect Renzo Piano and features 47 apartments, including duplexes, triplexes, and penthouses. Starting prices for homes in Le Renzo begin at 65 million euros, with some luxury residences valued around 76.8 million euros.
Residents of Le Renzo benefit from a 24/7 concierge service, secured access, and valet parking. Max Verstappen shares this residence with his girlfriend Kelly Piquet, her daughter Penelope, and their shared daughter Lily, who was born in 2025.
The appeal of monaco for Formula 1 drivers
Monaco serves as a residential hub for numerous Formula 1 drivers due to a combination of financial, practical, and lifestyle advantages. The most significant draw is the absence of personal income tax for its residents, offering substantial savings for high-earning athletes.
Beyond the financial incentives, Monaco provides a centrally located base within Europe, facilitating straightforward travel to the majority of Grand Prix events. Nice airport is conveniently located just a 20-minute drive away.
The principality also offers a high degree of privacy and security, with a very low crime rate and secure residential buildings. This environment allows public figures like F1 drivers to maintain a degree of normalcy in their personal lives.
Many current F1 drivers, including Charles Leclerc, Lando Norris, George Russell, Lewis Hamilton, Alexander Albon, Valtteri Bottas, Nico Hulkenberg, and Fernando Alonso, also call Monaco home. The luxurious surroundings and excellent facilities for athletes further enhance its appeal.
Max Verstappen’s global property portfolio
In addition to his primary residence in Monaco, Max Verstappen owns other properties globally. He possesses a villa at The Thermal Club, a private motorsport resort located near Palm Springs, California.
This property in California is valued at approximately $7 million and is part of an exclusive community built around a private racing circuit. The Thermal Club offers year-round warm weather and a private track for recreational driving, appealing to Verstappen’s passion for motorsport.
Max Verstappen’s financial standing and earnings
Max Verstappen’s net worth is estimated to be between $200 million and $250 million. His financial success is largely attributed to his lucrative contracts and performance bonuses with Red Bull Racing.
His annual earnings are roughly $86 million, which includes a base salary of $70 million from Red Bull Racing. Analysts predict his fortune could potentially exceed $500 million by 2030.
Verstappen also benefits from significant endorsement deals with brands such as TAG Heuer, Jumbo, EA Sports, and Heineken. Furthermore, he holds a 20% ownership stake in Verstappen.com Racing, which generates an estimated $12 million annually from esports and sim racing ventures.
Max Verstappen’s private jet fleet
Max Verstappen owns a Dassault Falcon 8X private jet, which he acquired in 2025. This state-of-the-art aircraft is valued between $54 million and $60 million.
The Dassault Falcon 8X is a long-range business jet capable of non-stop intercontinental flights, boasting an impressive range of approximately 11,945 kilometers (7,500 miles). It is also noted for being 15% more fuel-efficient than its predecessor.
The jet’s customizable cabin can accommodate up to 14 passengers, offering luxurious comfort for global travel. Its registration, PH-UTL, subtly incorporates his personal brand slogan, “Unleash the Lion.”
Prior to the Falcon 8X, Verstappen owned a Dassault Falcon 900EX, which he acquired in 2020 for $16 million. This previous jet had a notable history, having been formerly owned by billionaire Richard Branson.
| Asset Type | Details | Estimated Value |
|---|---|---|
| Monaco Residence (Le Renzo) | Luxury apartment in Mareterra district | €65 million – €76.8 million (starting price) |
| California Villa | The Thermal Club, Palm Springs | ~$7 million |
| Private Jet (Current) | Dassault Falcon 8X | $54 million – $60 million |
| Private Jet (Previous) | Dassault Falcon 900EX | $16 million (acquisition), ~$6.5 million (resale) |
| Net Worth | Total estimated wealth | $200 million – $250 million |
| Annual Earnings | Salary, bonuses, endorsements | ~$86 million |
