Despite losing out last minute, Sergio Perez's third-place finish secured second place in the Driver's Championship for the Red Bull driver.
Heading down to turn one on the opening lap, Verstappen forced Leclerc off the track to take the lead of the race, a move that would grant the triple World Champion a 5-second time penalty.
"It was a big hit. We're just happy he's okay." - McLaren team boss, Zak Brown.
Verstappen pitted on lap 16 after a tyre struggle allowed Leclerc to overtake for the lead.
Verstappen and George Russell replicated a similar collision, the Red Bull losing a front wing end plate, damage that would be taken to the chequered flag.
"Mate he just turned in on me!" reported Verstappen.
As a result, Russell was handed a 5-second penalty for causing the collision.
Debris littered the track and brought out a second safety car, allowing a flurry of action to take place in the pits as half the grid swapped onto fresh rubber on lap 26.
As a result, Leclerc reclaimed the lead two laps later heading into turn 14 as Verstappen trailed the pair closely, eventually passing his teammate just a lap later.
It wasn't long before he was overtaking the leading Ferrari for first position, a place Verstappen would retain up to the chequered flag.
Going wide into turn 14, Leclerc allowed Sergio Perez to overtake for second position, making it a Red Bull 1-2 on track.
However, the Monegasque driver would redeem his second place in the closing moments of the final lap, passing Perez around the final chicane.
Driver of the race
Charles Leclerc had an impressive run, starting from pole position and keeping up with the Red Bulls who have been rapid across the whole 2023 season.
Despite being unlucky with the turn-one incident with Max Verstappen, he stuck with it to claim his fifth podium of the season.
The Ferrari proved to be handy with its ability to follow the Red Bull’s closely, allowing Leclerc the opportunity to snatch second place away from Sergio Perez in the closing moments of the race.
Despite feeling like he let the win slip away, there was no doubt Leclerc would finish on the podium as his strong pace across all 50 laps could only be bettered by Max Verstappen.