Saudi Arabia makes record bid for Max Verstappen
The Saudi Arabian Public Investment Fund will offer Max Verstappen 264 million euros for three years by buying the Formula 1 team Aston Martin. The champion pilot, known as the Flying Dutchman, will earn 88 million euros a year.
Formula 1's star driver Max Verstappen may sign a record deal for next season. According to La Gazzetta dello Sport, Saudi Arabia's Public Investment Fund PIF, which owns shares in the automotive company of Aston Martin, one of the most important teams of the top motorsport organisation, is determined to buy Aston Martin's F1 team and is considering creating an ambitious team in such a situation.
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Accordingly, Max Verstappen, who has been rumoured to leave his current team at the end of the season and is said to be determined to do so, will be offered a record offer. In order to bring the Dutch driver to Aston Martin, PIF has prepared an offer worth 264 million euros (300 million) for 3 years. Thus, Verstappen's annual earnings will be around 88 million euros.
If the Verstappen transfer is realised around these figures, the twenty-seven-year-old driver will sign the most expensive Formula 1 contract in history. Canadian businessman Lawrence Stroll, who expressed his intention to sell the Aston Martin team, stated that the necessary financing will be provided if the ownership passes to the Saudi fund.
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RECORD BREAKING DEALS WITH RONALDO AND RAM
Saudi Arabia's Public Investment Fund stands out as the most important financier of the country's sports, which is making a breakthrough in many different branches. The transfer of star footballer Cristiano Ronaldo to Al Nassr and his annual salary of 176 million euros (200 million dollars) in this team is the most important development realised by this fund and resonated all over the world.
The recent signing of Jon Ram for LIV Golf, a professional golf tour funded by Saudi Arabia's Public Investment Fund, has also made waves. The Spanish golfer earns an annual income of around 174 million euros from a three-year deal totalling around 500 million euros.
MOST EARNED
Football: Cristiano Ronaldo | €176 million
Golf: Jon Ram | €174 million
Baseball: Shohei Ohtani | € 62 million
American football: Dak Prescott | €53 million
Basketball: Stephen Curry | €48 million
SAUDI ARABIA
The excitement in Formula 1 will continue with the fifth race of the season, the Saudi Arabian Grand Prix. The race in Jeddah will be organised over 50 laps. On the 6.174 kilometre long track, the excitement, which started with practice laps yesterday, will continue today with qualifying laps at 20:00 TSI, and the main race will take place on Sunday.
