The fascination with how much someone makes or earns is always big in formula one. It is understandable. Formula one is the most prestigious sport in the world. So, how much does George Russell make as an F1 driver today?
If you are supporter of Russell, you could be interested in knowing how much salary he earns from racing.
When it comes to formula 1 racing, it does not get better than driving for Mercedes. This is one of the best teams in F1 today.
Therefore, your desire to know how much George Russell salary earns is understandable.
George Russell joined formula one in 2012 through Williams Racing team. He would drive for them until end of the 2021 season.
At the start of 2022, he joined Mercedes F1 team, replacing Valtteri Bottas who has since moved to Alfa Romeo.
It is reported that Mercedes pays their drivers well and competitively.
That could be the reason you are interested in knowing how much money George Russell is making.
In this article, I intend to share with you details of how much George Russell makes as a formula one driver.
You will also get a glimpse of how he spends the money he makes in F1.
This is a look at George Russell salary, his other sources of income and his net worth.
How Much Does George Russell Make?
George Russell earns or makes $10 million as an F1 driver at Mercedes F1 team today.
In a nut shell, he earns $10,000,000 per year from racing activities. This is one of his main sources of income today.
This is an increase from the reported $10 million per year he earned when driving for Williams Racing F1 team.
With this levels of income, Russell has been able to build a net worth estimated to be at $20 million today.
Mercedes are paying George Russell $5 million a season.
George is a promising F1 driver, with some thinking that he could be a potential world champion. At least Lewis hamilton thinks so.
How Much George Russell Makes in F1
As you are learning from this article, F1 drivers make a lot of money from their racing activities.
If you would like to learn how much money F1 drivers make, I have written an in-depth article on how much F1 drivers earn or make from their teams. You can go and read it here.
However, in this particular section, you are going to learn how much George Russell makes in F1.
In conclusion, formula one drivers are some of the highest paid professionals. Russell is just but one of them.
You have the other twenty F1 drivers on the grid today who earn or make different amount of money per year.
To have a full picture of how George Russell makes or earns, you need to understand his streams of income.
Russell makes money from his salary, bonuses and endorsement or sponsorship deals. He has also invested in various businesses across sectors.
In his time at Williams, George Russell was earning an average of $1 million per year.
Over the next couple of years at Mercedes, he will be making $5 million per year for racing for the team.
It is estimated that George Russell is currently worth about $20 million.
Over time, this is going to increase and will be interesting to watch how he grows his income and wealth before he retires from F1 racing.