The Formula 1 universe has been rocked by news that transcends the track: four-time world champion Max Verstappen has rejected an astronomical $30 million offer from Tesla, SpaceX, and xAI CEO Elon Musk. In a blunt statement, the Dutch driver not only refused the money but also challenged Musk to use it for causes that benefit humanity. This decision, revealed in May 2025, sent shockwaves through the sports world and reignited debates about Verstappen’s values, the role of money in Formula 1, and the impact of figures like Musk on the world stage. Let’s dive into the details of this headline-making story.
The news was revealed via an exclusive interview Verstappen gave to Motorsport.com , where he revealed that Musk approached him in early 2025 with an unexpected proposition. While the exact details of the offer remain unclear, sources close to the driver indicate that Musk wanted Verstappen to become a global ambassador for xAI, the billionaire’s artificial intelligence company, in addition to participating in Tesla’s promotional events. The contract, worth $30 million over two years, would also include an advisory role in the integration of AI technologies into racing cars, aligning with Musk’s growing interest in Formula 1.
For a driver at the peak of his career, with an estimated salary of $55 million per year at Red Bull, the offer might seem tempting. However, Verstappen surprised everyone by rejecting the proposal without hesitation. In his own words, quoted in a viral F1Insider post : “I told him, ‘Keep the money and spend it on something that actually helps people.’ I don’t need it and I don’t want my name associated with something I don’t fully believe in.” The Dutchman’s direct response resonated like a manifesto, emphasizing his independence and personal values.
Verstappen’s refusal isn’t just a financial issue; it reflects the driver’s outspoken and pragmatic personality, who has never shied away from expressing his opinions. At 27, Verstappen has already won four world titles (2021-2024) and is widely recognized as one of the greatest talents in Formula 1 history. Off the track, he maintains a reserved attitude, focusing on his family, friends, and his passion for virtual motorsport, where he competes in racing simulations.
In previous interviews, Verstappen has criticized the excessive ostentation in Formula 1 and the influence of outside figures seeking to capitalize on the sport. His decision to reject Musk’s offer appears to be in line with this philosophy. In the same Motorsport.com article, he explained: “I want my legacy to be built on the track, not on commercial deals that don’t involve me. If I support something, let it be a genuine cause, like education or healthcare for those who need it.”
The statement received widespread support on social media, particularly on X, where fans created the hashtag #MaxSaysNo, praising its authenticity. Some users, such as RacingFanBR , pointed out that Verstappen, by refusing the money, challenged the narrative that elite athletes are solely motivated by financial gain. On the other hand, critics pointed out that the rejection may have been a marketing ploy, reinforcing Verstappen’s image as a “man of the people.”
Elon Musk is no stranger to controversial headlines, and his foray into Formula 1 is nothing new. Since 2023, he has shown interest in the sport, whether through comments on the cars’ fuel efficiency or rumors that Tesla could enter the grid as a technology supplier. Verstappen’s approach, however, appears to have been a strategic decision aimed at associating his brand with one of the sport’s biggest stars, capitalizing on Formula 1’s global popularity.
Verstappen’s reaction, however, has put Musk in a difficult position. While the billionaire has yet to respond publicly, posts on X suggest the rejection was an unexpected blow to his marketing strategy. Some analysts believe Musk may try to approach other drivers, such as Lando Norris or Charles Leclerc, but the precedent set by Verstappen could make such negotiations difficult.
Verstappen’s decision has implications beyond his career. It reignites the debate about the role of money in Formula 1, a sport where multi-billion dollar budgets and massive sponsorships are the norm. At a time when sustainability and social responsibility are gaining importance, Verstappen’s stance could inspire other drivers to prioritize social causes over purely commercial deals.
Additionally, Musk’s public rejection could influence the perception of his brand within the sports world. While xAI and Tesla continue to innovate, the attempt to “buy” Verstappen’s image has been seen by some as an approach disconnected from the values of Formula 1’s audience. For Verstappen, this shift reinforces his position as an authentic figure, capable of challenging even the biggest names in business.
As the 2025 season progresses, Verstappen remains focused on his quest for a fifth world title, battling rivals such as Norris, Leclerc, and Hamilton. Off the track, his rejection of Musk has already gone down in history as a defining moment in his career. Will other drivers follow his example? And how will Musk respond to this public challenge? In the world of Formula 1, where every turn brings a new surprise, one thing is certain: Max Verstappen continues to write his own story, both inside and outside the cockpit.
