Despite being happy with his race performance, Hamilton acknowledged that he is eagerly anticipating Mercedes' much-anticipated upgrade package.
While Verstappen steadily advanced from ninth to the front on hard tyres, the Mexican led Fernando Alonso off the starting line on medium tyres.
Verstappen made a mistake on his first Q3 run in qualifying and was unable to finish a second attempt when Ferrari's Charles Leclerc crashed out, bringing out the red flag.
Verstappen, on the other hand, skillfully extended his initial stint on hards to rise from P9 to P1 through a series of fine moves.
Sergio Perez was the sprint and main race winner in Baku which made him a highly profitable pick.
Red Bull Racing might be far ahead of everyone else but there is a potentially intense title battle that could play out between teammates Max Verstappen and Sergio Perez.