The former Formula 1 driver's claim comes amid reports that Red Bull will use a controversial Adrian Newey-penned new front wing at the circuit tipped to particularly favour the energy drink-owned team's car.
"Max is definitely in the top three" in Hungary, Verstappen senior predicted to Dutch broadcaster RTL GP.
"I think it will be [Sebastian] Vettel, Max, [Lewis] Hamilton. I think Red Bull is coming with some updates, so let's hope they work and then we look good."
The 19-year-old is currently sixth in the driver rankings ahead of the race in Hungary.