What is the F1 driver worth?
British Formula 1 driver George Russell is one of the biggest names in motorsport already at a young age. The rising star is fast becoming a valuable figure and his worth is sure to increase in coming years.
Russell, 24, finished 15th last season, but is currently fourth in the drivers’ standings, representing Mercedes. The Englishman is a new arrival at Mercedes for the 2022 season after racing for Williams from 2019 to 2021.
Now racing as Lewis Hamilton‘s teammate, many see Russell as the future of the team. He achieved his first podium with Williams in 2021 in Belgium, and more have followed this season.
Mercedes driver Russell has a reported annual salary of five million dollars. On top of that, he could land a three-million-dollar bonus if he wins the championship.
As well as his Mercedes contract, he also receives money from endorsement deals, including with the likes of AMG, BRDC, Bell Helmets, Alpinestars and Puma.
George Russell’s net worth is around 16 million dollars. This is largely down to his racing earnings and a lucrative deal with Mercedes.
The driver’s sponsorships also contribute to his worth and he has a valuable personal collection of cars, watches and yachts. Additionally, his family have considerable property assets.
As one of the rising stars of Formula 1, Russell’s trajectory is pointing upwards and it seems the only way is up for the Brit.
Last year, Russell’s net worth was conservatively valued at one million dollars. Next year, it is likely to be far more than 16 million.
As his earnings mount up and the sponsorships roll in as his profile increases, Russell‘s net worth will continue to grow.
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